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Seeding Rural Opportunity – Uplift America – Miles City, MT

An innovative public-private partnership between the federal government and leading foundations gave birth to Uplift America http://upliftamerica.org/. Together, they’re targeting persistent rural poverty by supporting local lenders and the rural communities they serve.

Seven private foundations – Bank of America, Ford, Heron, JP Morgan Chase, Northwest Area, Winthrop Rockefeller and our own – contributed to the $22 million grant pool. Bank of America stepped forward to guarantee up to $500 million in loans.

MoFi
Miles City Fire Training Station

MoFi (formerly Montana & Idaho CDC) is providing a $250,000 Community Facilities loan to construct a new fire training station in Miles City, MT. The existing training facility is inadequate, so the new one will provide for more advanced trainings and eliminate the need for firefighters to be sent statewide to train. Construction is expected to be completed in the summer of 2018.

by Susanna Hegner, The Mary Reynolds Babcock Foundation

Seeding Rural Opportunity

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