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The Community Development Financial Institutions Fund (CDFI Fund) has invested over $8 billion through various monetary award programs, helping underserved people and communities. The Minority ...
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 ...
In fiscal 2024, the CDFI Fund awarded $789 million in grant funding to local lenders to make small-business loans. It also allocated $5 billion for the New Market Tax Credit Program and guaranteed ...
Amid orders to reduce the Community Development Financial Institutions (CDFI) Fund as much as possible, Treasury Secretary Scott Bessent is doing what he can to preserve it, according to a ...
That changed when they found Local Bank Hulbert, a Native- and woman-led CDFI. Terry Lockhart, a lender who saw their potential, invited Zach in. That meeting shifted the course of their lives.
The Community Development Financial Institutions Fund (CDFI Fund) boosts economic growth in largely underserved communities that lack traditional access to financing. The CDFI Fund creates a ...
For this initiative, KeyBank’s philanthropic arm said that it intends to provide four-year, $200,000 grants to an “exemplary CDFI” in each of its 27 markets. Key’s physical footprint spans 15 states, ...
"Family Food Delivery - stock photo Over the shoulder view of a mature woman delivering a box full of fresh vegetables to an unrecognizable mid-adult male and his daughter." ...