The JP UP Date: JPHRC Certified As New CDFI

Katie ArnoldThe JP UP date

Number 106                            February 12, 2021                                   St. Louis

JP Expands with Justine Petersen Housing & Reinvestment Corp. Certified CDFI

Justine PETERSEN is proud to announce the certification of Justine Petersen Housing & Reinvestment Corporation (JPHRC) as a Community Development Financial Institution (CDFI).  JPHRC will function alongside JP’s long established subsidiary CDFI, Great Rivers Community Capital (GRCC), expanding capital deployment to underserved markets in Missouri, Illinois and Kansas.

As certified by the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund), JPHRC will have the primary mission of promoting community development, maintain accountability to serving eligible target markets and serve as both a financing entity and deliverer of development services.

Qualified Contractors Sought for Gateway Neighborhood Fund and STL City Home Rehab Programs

Calling all contractors! Justine PETERSEN is looking for qualified contractors to participate in our Gateway Neighborhood Fund and St. Louis City Home Rehab Programs. Interested contractors should RSVP to the upcoming virtual Contractor Training on February 22 at 6:00 pm, where you will learn about each program and the requirements to be included in our contractor bidding pools.

The Gateway Neighborhood Fund removes barriers caused by the appraisal gap by providing loans to qualified borrowers to purchase and renovate homes in communities with depressed home values. All neighborhoods are worth investing in. Reinvestment in historically disadvantaged communities is critical to overcoming the lasting effects of discriminatory housing policies and practices.

The St. Louis City Home Rehab Program assists St. Louis City homeowners to preserve their asset by providing up to $5,000 in forgivable funds per household to be used for eligible home repairs, such as issues related to plumbing, electrical, sewer, roof, and HVAC.

Minimum insurance qualifications apply. Please RSVP to Randen Click at or call 314-533-2411 x 109.

Join JP and Pacific Community Ventures for Business Grant Writing Webinar Feb. 17

Justine PETERSEN is proud to partner with Pacific Community Ventures (PCV) to advance technical assistance opportunities for small businesses.  Most specifically, PCV offers a robust business advisory program, allowing small businesses to receive tailored mentoring services.  JP staffers Shawna Collier and Maximilianah Zales are the leading the JP/PCV partnership, having hosted their inaugural webinar event today, with another scheduled for February 17th.  A free of charge webinar, “Introduction to Grant Writing for Business” will explore the current grant climate available for small businesses confronting the pandemic, and discuss how such grant opportunities can both accelerate your business development goals and offer an action plan to endure the ongoing pandemic-influenced challenges.

Register here!

Pandemic Potion Pic (yup, yet another “PPP”)

JP’s controller Linda Clark assures us that she remains in control of our bookkeeping – at least until 5:00 pm on Friday.  After that, she toasts the end of the week and the start of the weekend.  Cheers Linda!