The Raymond John Wean Foundation board of directors approved $2.4 million in grants to four organizations to support initiatives in the Mahoning Valley region. The grants will fund community development, small business support, workforce training, and affordable housing programs.
Why it matters
The Wean Foundation's investments aim to address long-standing capacity gaps and advance equitable growth in the Mahoning Valley, which has faced economic challenges in recent decades. By supporting organizations working on the ground, the foundation is helping to strengthen community-based efforts and drive sustainable revitalization.
The details
The four grant recipients are: Bridgeway Capital, a Pittsburgh-based community development financial institution (CDFI) expanding its operations in the Mahoning Valley; Economic Action Group, which provides small business and talent development programs; Trumbull Neighborhood Partnership, focused on improving quality of life in Warren neighborhoods; and Youngstown Neighborhood Development Corp., dedicated to affordable housing and neighborhood revitalization in Youngstown.
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