Rosendale Theatre Collective to receive LIFT Loan from Community Foundations of the Hudson Valley

Raising the curtain in Rosendale… The Community Foundations of the Hudson Valley (CFHV) continues to put charitable capital to work through its Local Impact Fund for Tomorrow (LIFT), providing a bridge loan to the Rosendale Theatre Collective.

The loan will provide the Rosendale Theatre Collective with flexible financing while it awaits committed grant funding, helping the nonprofit continue its work preserving and operating the historic Rosendale Theatre as a community hub for film, arts, and culture. The funds will support critical building improvements, including new siding and insulation to address long-standing deterioration, energy inefficiency, and water-intrusion risks — and help protect the Theatre’s historic structure ahead of the coming winter.

Launched in March 2026, LIFT provides nonprofits with flexible bridge financing when they have committed grant funding but need capital before reimbursement arrives. LIFT offers loans of up to $50,000 at 2% interest. CFHV provides the loans, while Ulster Savings Bank contributes 10% of each loan and originates and services the financing.

The model is designed to make each charitable dollar work again and again: when a loan is repaid, the funds return to LIFT and become available to another nonprofit in Dutchess, Ulster or Putnam County.