Arctaris Annual Impact Report: Financial Innovation. Community Impact.

Foundation partners to invest $20M in distressed ‘opportunity zones’ around the region

Date

Mission statement

March 10, 2021 As reported in the Pittsburgh Gazette, the Richard King Mellon Foundation is teaming with a Boston firm to invest $20 million in job initiatives and economic development in distressed communities in Allegheny and Westmoreland counties. The fund will target job creation and economic development initiatives in low-income communities in Allegheny, Westmoreland counties.

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