Interfaith Funds Created to Support Long-Term Disaster Recovery
National and local faith leaders gathered in New Orleans May 15th to launch the first national interfaith funds for long-term domestic disaster recovery. The funds, known as the Isaiah Funds, are sponsored by Catholic, Jewish, Mennonite, and Baptist institutions, and will focus initial efforts on Gulf Coast redevelopment. The Isaiah Funds will make at least $4.5 million in loans and grants to Gulf Coast organizations by early next year.