Please click on the following link or scroll down to read a news release
being distributed by the Minneapolis Community Development Agency today.
http://www.mcda.org/whats_new/Newsreleases/lenders2002.htm

March 14, 2002

Bob Lind, manager
mailto:[EMAIL PROTECTED]
MCDA Business Finance
(612) 673-5068
TTY: (612) 673-5154
#02-06

FOR IMMEDIATE RELEASE


MCDA RECOGNIZES PARTNERS AT LENDERS BREAKFAST

(MINNEAPOLIS) - At its annual Business Lenders Recognition Breakfast,
Friday, March 15, 2002, the Minneapolis Community Development Agency (MCDA)
will recognize Associated Bank and Franklin Bank as MCDA's two leading
small-business lending partners in 2001. MCDA will also recognize the
following major 2001 lending partners: Wells Fargo Bank, Western Bank,
Fidelity Bank, Northeast Bank and EastBank.  

Special guest Mayor R.T. Rybak will present the awards at the breakfast,
which will be held at the Minneapolis Urban League's Glover-Sudduth Center,
2100 Plymouth Avenue North.

"All of the lending partners play an important role in helping Minneapolis
achieve its community and economic development goals," said Rybak "Their
commitment of time, energy and dollars provides the foundation for enduring
public-private partnerships."

Arthur Rolnick will be the featured speaker at the March 15 event. Rolnick
is Senior Vice President and Director of Research for the Federal Reserve
Bank of Minneapolis. He will speak on "An Economic Outlook for 2002, Impacts
on Small Business."

MCDA Interim Executive Director Chuck Lutz will recognize 57 commercial loan
officers who partnered with MCDA in 2001.

In 2001, 30 area banks provided a total of $15.2 million for 107
MCDA-assisted business projects. MCDA-assisted loans range from a $10,000
Micro loan (provided in cooperation with the Minneapolis Consortium of
Community Developers) to a $2.8 million SBA 504 loan.

###

The Minneapolis Community Development Agency (MCDA) is the housing and
economic development arm of the City of Minneapolis. The MCDA buys and sells
land, assists small businesses, promotes home ownership, and provides
financing and other resources for a wide range of business and residential
property developments. For more information, call the MCDA at (612) 673-MCDA
(6232) or visit us on the Web at www.mcda.org.

Access to MCDA programs for Minneapolis residents who speak limited English
is available through Minneapolis Multicultural Services. Interpretation
services are currently provided in Somali  (612) 673-3500 and Spanish (612)
673-2700.


Elizabeth Haugen, Communications Specialist
Minneapolis Community Development Agency
105 5th Ave. S., Suite 375
Minneapolis MN  55401-2534
mailto:[EMAIL PROTECTED]
(612) 673-5121
www.mcda.org
_______________________________________
Minneapolis Issues Forum - A Civil City Civic Discussion - Mn E-Democracy
Post messages to: [EMAIL PROTECTED]
Subscribe, Unsubscribe, Digest option, and more:
http://e-democracy.org/mpls

Reply via email to