Friday, June 19, 2020, the U.S. Small Business Administration Administrator Jovita Carranza announced the launch of a dedicated online tool for small businesses and non-profits to be matched with Community Development Financial Institutions (... Read more
SBA Administrator, Jovita Carranza, issued a message acknowledging the efforts of CDFIs to serve underserved communities during the COVID-19 crisis, and asking lenders to double-down on efforts to serve borrowers in the days leading up... Read more
Capital Impact Partners Launches Innovative Response Fund to Bolster Inclusive, Healthy Food Systems
CapNexus sponsor, Capital Impact Partners, announced Wednesday June 17, 2020, that it launched its DMV Good Food Fund (DMV GFF) Innovative Response Fund, providing $100,000 in awards to... Read more
A new report from Urban Institute researchers shares nine observations learned from current or attempted OZ projects. The researchers found the OZ incentive is bringing new actors into the community development ecosystem, but the... Read more
To further meet the needs of U.S. small businesses and non-profits, the U.S.
The U.S. Small Business Administration, in consultation with the U.S. Department of the Treasury, issued new and revised guidance for the Paycheck Protection Program (PPP). This guidance implements the Paycheck Protection Program Flexibility Act... Read more
Partners for the Common Good (PCG) stands in solidarity with Black communities in ending systemic racism and police violence. We strongly believe that Black lives absolutely do matter. PCG stands with those who are outraged by the systemic... Read more
As we face the economic crisis brought on by the COVID-19 pandemic, now is also the time to be forward-thinking and consider - once the pandemic is under control and we are in recovery mode, what is next? This 3-part webinar series explores the... Read more
Small business owners and nonprofits are the backbone of minority communities — whether it’s a dressmaker in California’s central valley, a grocery store in Tucson, or a community organization in Chicago. Through this crisis, these organizations... Read more
The House Committee on Financial Services held a virtual hearing on Wednesday, June 3 on inclusive lending during COVID-19 looking at how CDFIs and MDIs continue to help underserved and minority-owned businesses' access to PPP.
... Read more