The JP UP Date: CDFI Fund Awards JP $916K

Katie ArnoldThe JP UP date

Number 44                                November 22, 2019                                            St. Louis

CDFI Fund Awards JP/Great Rivers Community Capital $916k

The U.S. Department of the Treasury’s Community Development Financial Institution’s Fund (CDFI Fund) awarded Justine PETERSEN’s CDFI, Great Rivers Community Capital (GRCC), $916k in deployable capital for under-resourced small businesses. The CDFI Fund awarded a total of $188.7 million in Financial Assistance to 284 CDFIs nationwide to increase lending and investment activity in low-income and economically distressed communities across the nation.

JP Joins Busey Bank for Small Dollar Mortgage Event in South Bend, IN

Busey Bank recently invited Justine PETERSEN to participate on a panel in South Bend, IN to discuss the merits of small dollar mortgages. Organized by the Federal Reserve Bank of Chicago, the FDIC and the OCC, the event shared case studies and best practices as it relates to developing, marketing, and closing small dollar mortgages. South Bend, Indiana is launching a “CDFI Friendly City” initiative, so local banks were eager to learn about the many ways to partner with CDFIs.

JP Annual Holiday Party is 2 Weeks Away! RSVP Today!

JP’s Annual Holiday Party is quickly approaching!  This year we are hosting the party at the  newly renovated Greencubator, located on the St. Louis riverfront at 1124 Lumiere Place.  There will be ample space to party – and ample space to park!  Join us for food, drink, music and good will!  Please feel free to extend the invite to family, friends, neighbors and colleagues.  RSVP today to

Microlending. Macrofriends.

Microlending peers from DreamSpring, based in New Mexico, shared a meal with Justine PETERSEN recently in St. Louis. Anne Haines and Marissa Barrera brought their innate joy and warmth to an unseasonably chilly St. Louis evening. Thanks friends!