Against the backdrop of an infectious pandemic and nearly 163,000 American COVID-19 deaths, the 2020 Presidential race will be unlike any other to date. The pandemic agenda combined with the constitutional damage inflicted by the Trump... Read more
On Wednesday, July 8, the House Appropriations Financial Services and General Government (FSGG) Subcommittee approved its ... Read more
Global Impact Investing Network (GIIN) recently released its 2020 Annual Impact Investor Survey that provides insights from nearly 300 of the world's leading impact investors. As CDFIs are seeking new sources of capital, this survey provides... Read more
Consumers can push for racial justice – and it’s as simple as opening an account at a community bank or credit union that supports under-served communities. Across the U.S., there are more than 1,000 CDFIs. These institutions specialize in under-... Read more
A high-profile pandemic aid program protected about 51.1 million American jobs, the White House administration said on Monday, July 6, as it revealed how $521.4 billion in taxpayer cash was injected into small businesses but also well-heeled and... Read more
June 30 marks the last day lenders may submit Paycheck Protection Program (PPP) applications on behalf of small businesses. Since early April, millions of small businesses have received PPP loans, which in most cases become grants if the small... Read more
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