Investment Spotlight: Invest Appalachia Fund LLC
MacArthur Foundation invested in the Invest Appalachia Fund LLC (“IAF” or the “Fund”). The Fund’s objective is to finance businesses, intermediaries, and real estate projects that have the potential to significantly benefit underserved populations/communities and to advance key sectors and community infrastructure within Central Appalachia in partnership with existing financial intermediaries. The Fund will primarily make loans to and alongside Community Development Financial...