NPHS Community Investment Trust Receives $500,000 for Small Business Lending

Over the last three months, the Community Investment Trust has been awarded a total of $1.8 million in investments that will be leveraged with other public and private sector capital to support small business and homeownership lending, and the development of more affordable housing throughout Riverside, San Bernardino and the East Los Angeles County.
NPHS would like to thank the Citi Foundation for its recent investment into NPHS’ Community Investment Trust to support small business lending. In 2021, NPHS will launch its PIVOT® Microloan to help small businesses grow, pivot and thrive.
NPHS’ Community Investment Trust was established in 2014 to attract public and private sector impact investments. The Community Investment Trust is comprised of three fund pools: The Affordable Housing Fund which supports affordable housing development and preservation; The Community Lending Fund which provides financial products to underserved consumers; and The Racial Equity and Innovation Fund which supports NPHS’ initiatives that advance racial equity and social innovation.
“We are grateful for these investments,” said Clemente Arturo Mojica, President and CEO of NPHS. “These awards will provide vital down payment assistance financing for low-income homebuyers and help support the creation of more affordable housing throughout the Inland Empire,” says Mojica.
For investment opportunities in NPHS’ Community Investment Trust, please contact Greg O’Donnell at greg@nphsinc.org or (909) 243-7035.
For investment opportunities in NPHS’ Community Investment Trust, please contact Greg O’Donnell at greg@nphsinc.org or (909) 243-7035.