FDIC-insured depository institutions seeking CRA credit opportunities may be eligible to apply for funding to further impact the distressed communities they serve. On March 31, 2023, the Department of ...

The Treasury Department Friday issued a long-awaited revision to its community development financial institution certification process, a move that CDFI advocates say provides much-needed updates to ...

Supporters of the CDFI Fund say every dollar put in generates eight dollars of economic impact. The Community Development Financial Institutions Fund (CDFI), a small but long-running program in the ...

GLENDALE, Calif., May 24, 2023 /PRNewswire/ -- California Credit Union announced today that it has been certified as a Community Development Financial Institution (CDFI) by the U.S. Treasury ...

ANAHEIM, Calif.--(BUSINESS WIRE)--Change Lending, LLC (“Change”) announced today that it has entered into a global settlement agreement with the United States Department of Treasury, Community ...

Hope Credit Union in New Orleans (Photo courtesy of Oscar Perry Abello) This is your first of three free stories this month. Become a free or sustaining member to read unlimited articles, webinars and ...

The OMB has prevented billions of dollars from flowing to community development financial institutions, preventing those funds from supporting housing development, writes Robin Hughes, of the Housing ...

SAN DIEGO, May 24, 2023 /PRNewswire/ -- North Island Credit Union announced today that it is the first credit union in San Diego County to receive certification as a Community Development Financial ...

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