Faith groups pool funds to aid Gulf Coast

The Isaiah Fund
A diverse group of faith-based organizations has raised $4.5 million for two disaster relief funds that will aid affordable-housing projects, help rebuild small businesses and develop community centers on the Gulf Coast.

The Isaiah Fund LLC, a project of Catholic, Jewish, Mennonite and Baptist institutions, is believed to be the first national interfaith fund for long-term domestic disaster recovery.

The groups, which have been active in volunteer efforts in the wake of Hurricane Katrina, say they recognize that some of the hardest rebuilding work still lies ahead. Providing long-term, low-cost, flexible capital is one of the best ways they can continue to help.


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