February 2007

Our thanks for their financial commitment to economic development in 2006
SNEDA thanks the Department of the Treasury - CDFI, the Department of Health & Human Services - ACF - OCS, Bank of America, Banner Bank, Sterling Savings Bank, Avista Corp., WAMU, the Corporation for National and Community Service, HSBC/National Center for Neighborhood Enterprise, Robert & Kellee Daugherty, U. S. Bank, HollisterStier Laboratories, F & M Bank and Inland Northwest Community Foundation - Buder Memorial Fund # 2 for their financial contributions to economic development in Spokane's community development neighborhoods.

 Wheatland Bank Loan Officer Wins Award with Humility more>

 

 

SNEDA’s 2007 Results

  • Closing joint loan with a bank for $255,000 to a nonprofit, based in Walla Walla, to acquire a building in which to provide 20 to 24 units of affordable elderly housing.

Loan commitments made:

  • $25,000 to a business in Spokane’s East Central neighborhood for working capital. The business currently has two owners and four employees.
  • Closing $132,000 loan to a nonprofit, based in Spokane’s Nevada Lidgerwood neighborhood, as part of a $412,000 loan to acquire land to build 78 units of affordable elderly housing.

Phone Eric Loewe at 444-7633 for information on supporting SNEDA's work. Contributions to SNEDA are tax deductible. Information on SNEDA is also available at www.sneda.org, www.guidestar.org and www.inwcomfound.org.

Eric Loewe
Spokane Neighborhood Economic Development Alliance
715 East Sprague Ave., Suite 101
Spokane, WA 99202
Phone: (509) 444-7633 Fax: (509) 444-0468
http://www.sneda.org