CFED, National Partners Announce New Bank On Website First-Ever Local Unbanked Population Data Tool Released JoinBankOn.orgCFED, with support from the U.S. Department of the Treasury and in partnership with the San Francisco Office of Financial Empowerment, the National League of Cities and the New America Foundation, has launched a new-and-improved …
Treasury Opens Small Business Lending Fund to CDFI Loan Funds
Treasury Opens Small Business Lending Fund to CDFI Loan Funds May 26, 2011 CDFI Fund 15th Anniversary Logo Statement from CDFI Fund Director Gambrell on Announcement of Small Business Lending Fund for Community Development Loan Funds Lower Cost Capital for CDFI Loan Funds Now Available Washington, DC – The U.S. …
CDCUs Receive Nearly $70MM from Community Development Capital Initiative Treasury Program to Help CDCUs Expand Assistance to America’s Main Streets
Eight months after its launch by Secretary of the Treasury Geithner on February 3 the U.S. Department of the Treasury’s Community Development Capital Initiative (CDCI) has invested nearly $70 million in financial institutions that specialize in serving low-income and disadvantaged communities. The program targeted community development credit unions (CDCUs) and …
CDCUs Receive $12.7 M from CDFI Fund
CDCUs Receive $12.7 MM from CDFI Fund in Recent Awards Low- and moderate-income communities across the nation will soon receive a boost to their local economies thanks to awards made today to 180 community development financial institutions (CDFIs) by the U.S. Department of the Treasury’s CDFI Fund. The announcement was …