Fund has awarded $10 billion in New Markets Tax Credit (NMTC) allocation authority to 142 organizations across the country. | ...

United Bank is pleased to announce today it has been awarded a $75 million New Markets Tax Credit (NMTC) Allocation by the ...

"Family Food Delivery - stock photo Over the shoulder view of a mature woman delivering a box full of fresh vegetables to an unrecognizable mid-adult male and his daughter." The Community Development ...

"RDP is honored to be one of the recent NMTC award recipients named by the CDFI Fund. The award will allow our organization ...

Bank of America is providing $10 million in zero-interest loans to CDFIs supporting housing, nonprofits, and small businesses rebuilding from the Eaton and Palisades fires in Los Angeles.

This is your first of three free stories this month. Become a free or sustaining member to read unlimited articles, webinars and ebooks. Virginia is betting big on CDFIs to help support small ...

Community development financial institutions around the country have been roiled by the Trump administration’s March 14 executive order targeting the CDFI Fund for elimination “to the maximum extent ...

Non-bank originator Change Lending will continue to originate non-qualified mortgages (non-QMs) for underserved borrowers after it reached a tentative deal with the U.S. Department of Treasury that ...

Hawaii Federal Credit Union, which was already offering products and services to residents who needed second chances, became certified more than seven years ago, says Steve Goo, president and CEO. The ...

A community development financial institution (CDFI) is a private-sector company that seeks to provide economic assistance to underserved communities by offering financial services, loans, and ...

WASHINGTON — All 11 Community Development Financial Institutions Fund programs are required by law, the Treasury Department outlined to the Office of Management and Budget, according to a document ...

Axing the federal agencies could lessen Black businesses' ability to access capital and grow revenues. The Community Development Financial Institutions Fund (CDFI Fund) has invested over $8 billion ...