Credit unions serving low-income populations are increasingly letting their CDFI certification lapse. But they’re not retreating from their mission.
Supporters of the CDFI Fund say every dollar put in generates eight dollars of economic impact. The Community Development Financial Institutions Fund (CDFI), a small but long-running program in the ...
WASHINGTON — All 11 Community Development Financial Institutions Fund programs are required by law, the Treasury Department outlined to the Office of Management and Budget, according to a document ...
Add Yahoo as a preferred source to see more of our stories on Google. "Family Food Delivery - stock photo Over the shoulder view of a mature woman delivering a box full of fresh vegetables to an ...
On March 21, the U.S. Department of the Treasury submitted a report to the Office of Management and Budget affirming that all 11 programs administered by the Community Development Financial ...
Without the federal support of the Community Development Financial Institutions Fund, Ohio’s nonprofit Economic and Community Development Institute (ECDI) and other CDFIs like it simply wouldn’t have ...
As part of a $498 million bond issuance round from the U.S. Department of Treasury, New Jersey Community Capital (NJCC) will receive a $33 million bond loan. The funding comes under the CDFI Bond ...
WASHINGTON — LeeAnn Rasachak grew up in a family of immigrants, originally farmers from Laos. There was always a side hustle in her family, she said, or a small business that someone was passionate ...
PHOENIX, AZ / ACCESS Newswire / March 11, 2026 / Prestamos CDFI, LLC, a division of Chicanos Por La Causa, has been awarded ...
Carver Federal Savings Bank is one of about 1,500 federally-certified community development financial institutions. (Photo by Oscar Perry Abello) This is your first of three free stories this month.
Axing the federal agencies could lessen Black businesses' ability to access capital and grow revenues. The Community Development Financial Institutions Fund (CDFI Fund) has invested over $8 billion ...