Bridgeway Capital has received a grant of $1.75 million to invest in small businesses in Western Pennsylvania. The funds were awarded by the U.S. Treasury Department’s Community Development Financial Institutions Fund. Of the total, $1 million is targeted for loans to black-owned businesses that have barriers to obtaining financing; and $750,000 is for enterprises that aim to increase access to healthy foods in communities lacking fresh grocery options.
Located at 7800 Susquehanna St., the maker and manufacturing movement based in Homewood brought together a group of individuals and programs that are not just amazing for Pittsburgh, but nationally pretty impressive, Wallace says.
Beaver County native Ian Rosenberger is turning garbage into jobs for local residents at 7800 Susquehanna Street - an old Westinghouse factory in Homewood - one of Pittsburgh’s poorest neighborhoods.