Since COVID-19’s outbreak, REDC has noticed an increase in clients who have fallen victim to predatory financing schemes that rely on misleading numbers and terminology to disguise extremely high rates of repayment.
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Since COVID-19’s outbreak, REDC has noticed an increase in clients who have fallen victim to predatory financing schemes that rely on misleading numbers and terminology to disguise extremely high rates of repayment.
Asian Americans for Equality (AAFE) and Renaissance Economic Development Corp. (REDC) announced the creation of the FLUSHING DOWNTOWN FIRE EMERGENCY LOAN PROGRAM, a $1 million loan fund to assist small businesses impacted by the devastating fire at East Commercial Plaza, 40-10 Main St., on March 17, 2022
Renaissance is proud to announce that we are the recipient of a U.S. Department of the Treasury Community Development Financial Institutions (CDFI) Fund grant awarded to support increased lending to small businesses.
Renaissance recently launched an advisory committee that aims to improve our outreach to small businesses in Latinx communities.
On February 15, REDC Managing Director Jessie Lee had the pleasure of attending a Lunar New Year breakfast hosted by New York City Mayor Eric Adams, along with select other AAPI NYC non-profit leaders.
Renaissance Economic Development Corp. (REDC) has kicked off a new program to help small business owners improve online visibility, attract new customers and integrate digital tools into their daily business operations.