CDFI Fund Releases Application Demand for CY 2020 Round of the NMTC Program
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today that it received 208... Read more
NEW YORK CITY (WABC) -- Mayor Bill de Blasio and NYC Department of Small Business Services Commissioner Jonnel Doris on Wednesday announced three financial assistance programs available for small businesses in low-to-moderate income neighborhoods... Read more
Now more than ever, foundations, philanthropic organizations and banks are talking about economic, racial and social justice. Considering that inequity is baked into our institutional practices and norms, it’s a welcome shift in the conversation... Read more
Amazon donates to housing fund
One of Tennessee's fastest-growing employers is donating $2.25 million to help financially struggling homeowners in facing housing insecurity challenges this year from tornado recovery, job... Read more
"The Finance Justice Fund will help to address long-standing issues of disinvestment, the racial wealth gap, and persistent poverty in our country," Lisa Mensah, president and CEO of OFN said in a statement. "I commend Twitter for stepping up as... Read more
As the coronavirus pandemic worsens with policymakers unable to reach a deal to extend relief for vulnerable... Read more
When the coronavirus pandemic stalled much of the nation’s economic activity, employees at TruFund Financial Services worked feverishly to get emergency Paycheck Protection Program loans to cash-strapped small businesses in New York, Texas,... Read more
The federal government outlined a sweeping plan Wednesday to make vaccines for COVID-19 available for free to all Americans, even as polls show a strong undercurrent of skepticism rippling across the land.
The financial response to the Covid crisis demonstrated the inability of the federal government to rapidly get money to people during times of crisis.
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... Read more