A GOP sign-on letter, Wall Street backing and growing bipartisan alarm reveal how essential community development financial ...
The National Association of Affordable Housing Lenders (NAAHL) and other banking trades are voicing their support for the ...
Tongass Federal Credit Union runs 14 branches and microsites along the coast of southeast Alaska, including many on remote islands where you can’t just hop in the car and drive to a bank. “That's not ...
A bipartisan group of U.S. senators is urging the Trump administration to release $324 million in funding that was already approved to help small businesses and communities in poor and rural areas.
Community development financial institutions around the country have been roiled by the Trump administration’s March 14 executive order targeting the CDFI Fund for elimination “to the maximum extent ...
Six trade groups warned the administration layoffs and funding freezes could dampen lending, threatening the administration's ...
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 ...
Hawaii Federal Credit Union, which was already offering products and services to residents who needed second chances, became certified more than seven years ago, says Steve Goo, president and CEO. The ...
Bank financing for entrepreneurs is harder to get these days, thanks to rising interest rates and the collapse of Silicon Valley Bank. That’s especially problematic for entrepreneurs of color, who ...
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 ...
To take a closer look at the CDFI landscape and what is needed to get capital into underbanked communities, we have turned to some of the region’s leading experts – in community finance, diversity, ...
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