Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Wccfdc Investment topic
No spam. Unsubscribe anytime.
WCCFDC Finance Committee proposes money market investment for agency fee to support nonprofit lending
Summary
At its Jan. 27 meeting the WCCFDC Finance Committee discussed investing an agency fee received for the Rochester Regional Health hospital project into a money market account to earn interest while preserving flexibility to lend to qualifying nonprofit projects.
The WCCFDC Finance Committee convened Jan. 27, 2026; Ms. Amanda McDonald presided and the committee approved December 2025 minutes.
Deputy Director Katie Bronson said the organization had received an agency fee for the Rochester Regional Health hospital project and proposed investing that fee in the organization’s money market account so it can earn interest while remaining available to support qualifying nonprofit loan requests. The minutes record no questions. The committee adjourned at 8:47 A.M.; the next Finance Committee meeting is March 24, 2026 at 8:00 A.M.
