Fco Finanta – A CDFI Creating Opportunity. Transforming Communities. Lancaster Nonprofit to Invest up to $5M in Living-wage Jobs - Finanta - A CDFI Creating Opportunity. Transforming Communities. facebook tumblr linkedin2 twitter youtube

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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