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Pathway Lending Receives $300,000 Grant from Truist Charitable Fund

NASHVILLE, Tenn. — Pathway Lending, the largest non-depository Community Development Financial Institution (CDFI) in Tennessee, is one of the grant recipients of the Truist Community Catalyst Initiative—a three-year program supporting local initiatives with statewide impact funded by the Truist Charitable Fund. This $300,000 grant will support the development and deployment of a client dashboard designed to help small business owners ...
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Developers use energy efficiency loan program to upgrade historic buildings in Chattanooga’s Innovation District

“The best way to explain what we’re doing with these old buildings is that we’re taking a horse and carriage and turning it into a Tesla,” says Jimmy White, President of Urban Story Ventures in Chattanooga. “Looking at the numbers, these projects are justified ten times over.” Jimmy credits Urban Story Venture’s success with integrating energy efficiency into new builds and retrofits ...
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Independent school and parish find the bright side of energy upgrades

Founded in 1981, Christ Presbyterian Church has more than 2,500 members in the Nashville area and opened the doors of Christ Presbyterian Academy in 1985. The private school now has around 1,300 students and 200 staff members in its four schools spanning preschool to 12th grade. Matt Moore, the Executive Director of Operations for Christ Presbyterian Academy, considered efficiency upgrades for a ...
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Solar farm at event hall marries lower energy bills and environmental stewardship

Tara Plumlee grew up in the food industry – helping at her father’s barbecue restaurant from the age of 13. After trying her hand at owning and operating a restaurant, she started The Catering Companies in Chattanooga to give her a more flexible schedule as a new mom. The beginning of a bright future When clients asked where they should host the ...
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Why more educational institutions are going Green

Classes are officially in session for the new school year, and students and faculty are off to a bright start…with energy efficiency that is! Investing in energy efficiency has become the newest trend for educational institutions across the country with hopes of reducing utility costs, creating healthier learning environments for students, and promoting positive community outcomes through sustainability. The Center ...
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Serving up major energy savings with lighting upgrades at Knoxville Racquet Club

The Knoxville Racquet Club, the largest tennis, swim and fitness facility in East Tennessee, opened its doors in 1961. Overlooking the city of Knoxville and the Smoky Mountains, the 32-acre campus features a large  competitive swimming pool, a 1,500 square foot fitness area, and of course, tennis courts. 29 courts to be exact, including 14 outdoor fast-drying tennis courts. The outdoor ...
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Pathway Lending Names Richard Bird as Chief Financial Officer

Finance Executive Enhances Pathway Lending’s Strategic Vision and Fiscal Leadership Pathway Lending, a nonprofit Community Development Financial Institution (CDFI) as designated by the U.S. Treasury Department, has announced Richard Bird as chief financial officer, following former CFO, Barbara Harris’ retirement. Bird brings a wealth of financial leadership and expertise to his new role as chief financial officer at Pathway Lending. ...
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Pathway Lending Deploys $9.5 Million In New Markets Tax Credits to Transform Vacant Memphis High School, Catalyzing A Vibrant Community Campus And Over 450 Jobs

Project breathes new life into 270,000 square foot school building, evolving into hub for technical skills training, health care services, robust work force development, athletic and fitness opportunities and more Pathway Lending, a Tennessee-based nonprofit, and Community Development Financial Institution (CDFI), announced today its Pathway Lending CDE (a Certified Community Development Entity) has provided $9.5 million in New Markets Tax ...
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Pathway Lending Deploys $7 Million in New Markets Tax Credits to Expand High-Quality Facilities and Manufacturing Capacity in Rural Tennessee

Transactions Generate $29.5 Million In Total Private Investment And 140 New Full-Time Jobs for Automotive Parts Manufacturer in Perry County, Tennessee NASHVILLE, Tenn. (October 27, 2023) – Pathway Lending, a Tennessee-based nonprofit, and Community Development Financial Institution (CDFI), announced today its Pathway Lending CDE (a Certified Community Development Entity) has provided $7 million in New Markets Tax Credits (NMTC) as ...
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U.S. Treasury’s CDFI Fund Awards $45 Million In New Markets Tax Credits to Pathway Lending

Pathway Lending to Deploy Investments Across Urban and Rural Communities Pathway Lending announced its third and largest allocation, $45 million in New Markets Tax Credits, from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) to the nonprofit lender’s certified Community Development Entity (CDE). One of only two Tennessee-based awardees, Pathway Lending will deploy the investment ...
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TNECD Announces Lenders for Fund Tennessee’s LendTN Program

By: TNECD Press Release Five lenders to provide equitable access to capital across Tennessee Nearly $47 million allocated through the Fund Tennessee program for small businesses and entrepreneurs NASHVILLE, Tenn. – The Tennessee Department of Economic and Community Development (TNECD) announced today five new lenders to participate in LendTN, a Fund Tennessee program announced in February 2023. Nearly $47 million has been allocated ...
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Press Release: New $6 Million Fund to Increase Local Small Business Lending

865 Opportunity Fund by Pathway Lending Improves Access to Capital Pathway Lending, a certified Community Development Financial Institution, is collaborating with First Horizon, Pinnacle Financial Partners, and Regions Bank to recapitalize its existing loan fund in the Knoxville region and rebrand it as the 865 Opportunity Fund. The $6 million in new capital will provide loans between $5,000 and $50,000 ...
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