Mayor Bloomberg Expands Loans to Aid Struggling NYC Nonprofits

Mayor Bloomberg Expands Loans to Aid Struggling NYC Nonprofits

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michael_bloomberg.jpgNew York City will expand loan opportunities and find ways to help the city’s 40,000 nonprofit organizations reduce costs and find new donors in the midst of the economic downturn, Mayor Michael Bloomberg said.

The program will focus on nonprofits that conduct job training, provide health services and promote the city’s arts and culture.

(Read more in, where else, Bloomberg News)

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