SNEDA December 2004 Newsletter

Wells Fargo and Foundation Northwest show commitment to economic development

SNEDA thanks Wells Fargo Bank and Foundation Northwest’s Buder Memorial Fund No. 2 for their continued financial contributions to economic development in Spokane's community development neighborhoods though their contributions to SNEDA. Phone Eric Loewe at 444-7633 for information on supporting SNEDA's work. Contributions to SNEDA are tax deductible

SNEDA has loan fund for start-up and existing businesses and nonprofits

Recent loans closed or about to close (with bank participation)

46% of SNEDA’s Loan/Equity Funds deployed to date

To date, SNEDA has deployed (committed or disbursed) $331,632.15 (46% of our funds) from our loan and equity investment funds of $720,000.

Market Street Market (MSM) update

MSM is a for-profit public market located at 5906 Market Street in Hillyard. 

New at MSM: The latest addition to MSM is CARE House, a cooperative venture being organized by its membership, volunteers from CARE’s 220 nonprofit member organizations. The latest MSM events include free chaperoned teen dances, already two per month: In January 2005, MSM management expects the dances to be weekly with an entry fee of $2.

How is SNEDA Accountable to Spokane?

SNEDA online or in person