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Community Lenders Seen as Playing Role in Push for Economic Equity

Podcast: As the coronavirus pandemic and the national reckoning over race have thrown a new light on racial and economic inequality, corporations are seeking ways to address these issues and many are discovering CDFIs. In this podcast, reporter Amara Omeoke discusses how various types of investors are discovering and working with CDFIs by providing investments to address inequality. Highlights include Netflix's $10 million deposit into CapNexus's sponsor, Hope Credit Union (part of Hope Enterprise), and Google's $125 million investment into CDFIs. Also highlighted is the government's response to addressing this economic downturn through supporting CDFIs. The following question, however, remains: What is the sustainability of our industry, and will it last?