Community Reinvestment Partnership Opportunity

The City of Escalon is seeking CRA‑regulated financial institutions (banks, credit unions, community banks) to partner as primary or co‑sponsors of its 2027 New and Expanding Business Grant Program. The partnership will provide matching funds (up to $40,000 total grant pool) and CRA‑aligned documentation, branding, and community‑development activities to support low‑ and moderate‑income entrepreneurs, veteran‑owned businesses, and micro‑enterprises. Sponsors receive naming rights, logo placement, and visibility at city events, as well as curated reporting packages for CRA compliance. The City will accept electronic Statements of Interest on a rolling basis, with a priority review on November 5, 2026, and the solicitation remains open until a sponsor is secured. • Target audience: CRA‑regulated banks, credit unions, community banks • Funding pool: $40,000 (≈ $5,000 per grant award) – sponsor expected to match or exceed $20,000 • Benefits: Naming rights, branding, CRA reporting packets, participation in workshops and advisory panels • Timeline: Submission deadline Nov 6 2026; priority review Nov 5 2026; partnership effective for 2027 grant cycle (≈ 1 year) • Deliverables: Financial sponsorship, possible technical assistance workshops, CRA‑aligned reporting, participation in program monitoring