RenewAll Accepted into 2024 Opportunity Appalachia Program

RenewAll's mission to connect people and resources for neighborhood revitalization has gained the support of the Opportunity Appalachia Program. RenewAll's project was one of 29 selected from a competitive application pool of over 90 submissions. Technical assistance will be provided to the selected projects, aiding in the development of investment prospectus, structuring financial transactions, conducting market research, operations planning, architectural design, and carrying out investor outreach. Following the completion of technical assistance, an Investor Convening event will be held in early 2025, targeting both local and pre-vetted national investors, as well as federal and state funders. Additionally, a curated web-based platform hosting prospectus and pitch decks will also be made available to facilitate investor due diligence. 

Since 2020, Opportunity Appalachia has supported 58 projects seeking to secure $471 MM for downtown and rural development. To date, $89 MM has been raised toward these projects, with five projects having closed on their financing.  This program is supported by the Appalachian Regional Commission, the US Department of Treasury CDFI Fund, Truist Bank, Dogwood Health Trust, the Benedum Foundation, US Bank, and M&T Bank. 

Opportunity Appalachia: Prichard Revitalization- Huntington, WV from Appalachian Community Capital on Vimeo.