Learn More

DVREDF offers financing to a broad range of organizations and projects. Find out if your organization is eligible and take the next step towards partnering with DVREDF by filling out our pre-application.

News

DVREDF PARTNERS WITH THE JOB OPPORTUNITY INVESTMENT NETWORK

DVREDF is partnering with the Job Opportunity Investment Network (JOIN), a funding collaborative designed to enhance and expand innovative regional industry partnerships that enable low-income job seekers to gain access to job opportunities with career potential. DVREDF will make an investment in the organization’s critical operations and the financial and training resources for four workforce partnerships:

  • PA Partnership for Direct Care Workers
  • Southeast Regional Advanced Manufacturing Partnership with several employers in Bucks, Delaware and Montgomery Counties
  • West Philadelphia Skills Initiative
  • Roots to Re-Entry Partnership

DVREDF supports projects that have clear and measurable job impact and contribute in a measurable way to regional economic development. JOIN is inline with DVREDF’s mission and helps low-skilled adults obtain industry-recognized credentials and subsequently assist participants to find new jobs or earn family-sustaining wages.

Through its partnerships, JOIN estimates that 2,184 incumbent workers will receive skills training and education and roughly half will receive promotions or wage increases over the next two years. In addition, 200 new job seekers will receive pre-employment training, and 134 will be placed.

DVREDF is a non-profit community development loan fund focused on growing jobs and propelling the local economy forward. DVREDF helps foster economic growth by providing financing to eligible enterprises throughout the five-county region, particularly in communities of need. DVREDF works with organizations that need capital to expand operations. For more information about DVREDF, please visit www.dvredf.org. For more information about JOIN, please visit www.joincollaborative.org.