Aquarium of the Bay Receives $1 Million in COVID-19 Emergency Financing from Clearinghouse CDFI
Retrieved on:
Tuesday, April 21, 2020
LAKE FOREST, Calif., April 21, 2020 /PRNewswire-PRWeb/ -- Clearinghouse Community Development Financial Institution (Clearinghouse CDFI) announced today that it provided $1 million in COVID-19 emergency financing to the San Francisco based Aquarium of the Bay.
Key Points:
- LAKE FOREST, Calif., April 21, 2020 /PRNewswire-PRWeb/ -- Clearinghouse Community Development Financial Institution (Clearinghouse CDFI) announced today that it provided $1 million in COVID-19 emergency financing to the San Francisco based Aquarium of the Bay.
- This financing represents the first transaction from Clearinghouse CDFI's recently launched $5 million COVID-19 Emergency Loan Fund for California-based nonprofits.
- The Aquarium of the Bay is a public aquarium located on the historic San Francisco waterfront at Pier 39.
- Faced with this unprecedented situation, the Aquarium of the Bay approached Clearinghouse CDFI for financial assistance.