Reinvestment Fund, a nationally-focused community development financial institution, has recently launched the HBCU Brilliance Initiative, a program that aims to support the financial health of historically Black colleges and universities to fortify their future.For its inaugural cohort, the HBCU Brilliance Initiative will provide $40,000 grants and up to $1 million in financing to 11 historically Black higher education institutions: Bethune-Cookman University in Daytona Beach, Florida; Coahoma Community College in Clarksdale, Mississippi; Fort Valley State University in Georgia; the Interdenominational Theological Center in Atlanta; Paine College in Augusta, Georgia; Shorter College in North Little Rock, Arkansas; Stillman College in Tuscaloosa, Alabama; Tougaloo College in Mississippi; Virginia Union University in Richmond; Voorhees University in Denmark, South Carolina; and Wilberforce University in Ohio.
