WASHINGTON - U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge on Thursday announced $450 million in Indian Housing Block Grants (IHBG) to Indian tribes across the country to respond to COVID-19. This funding will... Read more
Thanks to the groundbreaking work of colleagues like Dr. Kilolo Kijakazi and Dr. Mariko Chang, there is growing recognition of the ongoing challenge of a deep and too often growing racial wealth divide. As I often state: the foundation of racial... Read more
Enacted through the Small Business Jobs Act of 2010, the CDFI Bond Guarantee Program responds to a critical market need—long-term, low-cost capital that can be used to spur economic growth and jump start community revitalization. Through the CDFI... Read more
Through the CDFI Rapid Response Program (CDFI RRP), the CDFI Fund will provide (i) awards of up to $5 million to Certified Community Development Financial Institutions (CDFIs) to support, prepare for, and respond to the economic impact of the... Read more
Through the CDFI Rapid Response Program (CDFI RRP), the CDFI Fund will provide (i) awards of up to $5 million to Certified Community Development Financial Institutions (CDFIs) [... Read more
Washington, DC’s only African American-Woman Chief Lender Focused on Lending to BIPOC Communities
Friday, February 12, 2021, Washington, DC -- City First Bank is pleased to announce that Sonja Sanders Wells has been... Read more
NEW YORK, Feb. 23, 2021 /PRNewswire/ -- JPMorgan Chase today announced initiatives to further support Minority Depository Institutions (MDIs) and diverse-led Community Development Financial Institutions (CDFIs), as part of the firm's recently... Read more
Aron Betru, managing director of the Milken Institute Center for Financial Markets, joins Yahoo Finance Live to discuss a recent report focused on how to build an equitable post-COVID recovery utilizing existing financial systems such as... Read more
Aron Betru, managing director of the Milken Institute Center for Financial Markets, joins Yahoo Finance Live to discuss a recent report focused on how to build an equitable post-COVID recovery utilizing existing financial systems such as... Read more