Beaufort affordable housingSC Community Loan Fund is excited to announce we have been tapped to receive a national grant to help create jobs in the region.

We have received a $20,000 capital grant from the Create Jobs for USA Fund, a collaboration between Starbucks and Opportunity Finance Network (OFN). The money will help SC Community Loan Fund create and sustain jobs in the area as part of a national campaign to support community businesses in underserved communities.

SC Community Loan Fund is a community development financial institution (CDFI) and the first CDFI in South Carolina to be awarded a grant from the fund since the program began allocating awards in November of 2011. The Create Jobs for USA Fund pools donations from Starbucks customers, partners/employees, and concerned citizens into a nationwide fund, held and managed by OFN, for community business lending. Donors who contribute $5 or more will receive a red, white and blue wristband with the message “Indivisible.” The wristbands are individually handmade in the U.S.A. and all component materials are manufactured by U.S. suppliers, so the effort is also helping support American manufacturing jobs.

Since November 1, the Create Jobs for USA Fund has been collecting donations at and at nearly 7,000 company-operated Starbucks across the country. 100% of the donations will support organizations like SC Community Loan Fund for job creation and retention across the U.S.

How many of you out there have picked up a wristband from Starbucks? Let us know on our Facebook page!