A $5 million revolving loan fund for local nonprofits is set to launch in coming days, the Inland Empire Community Foundation announced.

The Inland Empire Nonprofit Loan Fund is supported by $2.8 million from the Riverside Nonprofit Resilience Fund, approved by the Riverside City Council last year, and by $3 million from the San Bernardino County Nonprofit Revolving Loan Fund.

Starting Dec. 1, local nonprofits can apply for flexible, affordable loans designed to help them strengthen operations, manage cash flow and expand their work, particularly in underserved and low-income communities, the foundation announced.

“Nonprofits do so much of the heavy lifting that bolsters the efforts of local government,” Riverside Mayor Patricia Lock Dawson said. “This revolving loan fund will assist no

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