Invest STL Launches Neighborhood Solidarity Fund
Invest STL, in consultation with community partners and neighborhood leaders, have developed a fund to support neighborhoods that stand to be the hardest hit by the pandemic and efforts to slow its spread.
The fund focuses on areas that are most vulnerable to economic, social and service delivery setbacks exacerbated by COVID-19. Neighborhoods and areas in St. Louis County, St. Louis City and East St. Louis are being prioritized for Neighborhood Solidarity funding based on a set of socioeconomic indicators including race, household economics and age.
The Neighborhood Solidarity Fund seeks to expedite the recovery period in these areas by bolstering the human, organizational and economic infrastructure at the neighborhood level and includes three separate opportunities: the Neighborhood Innovations in Connectivity grant, the Community Development Corporations (CDC) Stability grant and the Neighborhood Small Business Lift grant.