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 ...

Carver Federal Savings Bank is one of about 1,500 federally-certified community development financial institutions. (Photo by Oscar Perry Abello) This is your first of three free stories this month.

Op-ed: Federal cuts are changing the finances of community lenders. To preserve the sector’s impact, philanthropy’s funding approaches must change, too.

On October 23, more than 100 Republican members of Congress penned a bicameral letter to the Treasury secretary and the director of the Office of Management and Budget (OMB), reaffirming support for ...

This story was originally published by ICT. Roughly 25 years ago, only 1 percent of all small businesses on the Cheyenne River Reservation in northwestern South Dakota were Native owned despite Native ...

Across the country, hundreds of credit unions utilize the Community Development Financial Institutions, or CDFI, Fund to bring financial stability, access, and opportunity to families and small ...

Credit unions in the US have welcomed the news that lawmakers are planning to appropriate $324m for the CDFI Fund ...

At The Lady’s Place in McGehee, Arkansas, Sforenia “Lady” Robinson is proving what rural investment makes possible. With support from Communities Unlimited, a rural CDFI, she turned a small take-out ...

This has been a difficult year for the Iron Range, with layoffs at Hibbing Taconite and Minorca Mine and steep budget deficits at area schools. And now, a federal program that has a proven track ...