Lancaster Nonprofit to Invest up to $5M in Living-wage Jobs
December 12th, 2016
By Lenay Ruhl, Central Penn Business Journal (December 12, 2016)
A Lancaster-based nonprofit plans to sink money into businesses that pledge to create living-wage jobs in Lancaster County.
Finanta will invest in businesses that are committed to providing jobs that pay at least $15 per hour, said Dan Betancourt, Finanta’s president and CEO.
Finanta, which provides loans and other resources for under-served communities in about 13 counties across the state, hopes to raise $5 million for what it is calling the Grow Jobs for Lancaster Fund.
The goal is to create 300 living-wage jobs in Lancaster County.
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