Community Development Digest

CDFI

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Comments Sought on CDFI Applications for Tribes

The Treasury Department seeks comments on the application form and instructions used to award grants under the Native American Community Development Financial Institutions Assistance program.

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Feds Gathering Data on Native CDFIs

The Treasury Department is accepting comments on the way the Native American Community Development Financial Assistance program operates.

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Native CDFIs Honored for Promoting Economic Development

At the 10th Annual Native CDFI Convening hosted by Opportunity Finance Network and First Nations Oweesta Corporation, two community development financial institutions receive awards for their efforts to promote economic development in Indian country.

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Housing Redevelopment Boost In Budget

Neighborhood restoration emerges successful in the FY 2014 budget including a funding increase for Community Development Financial Institutes (CDFI) which play a prominent role in affordable housing initiatives.

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Capital Impact Partners Reports Financing Work Impacting 175,00

Capital Impact Partners (formerly NCB Capital Impact), one of the nation’s largest Community Development Financial Institutions (CDFIs) reports financing work in December 2013 directly impacting nearly 175,000 people.

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CDFI Leaders Selected for Citi Leadership Program

Opportunity Finance Network (OFN) and the Citi Foundation have selected 50 Community Development Financial Institution (CDFI) professionals to participate in the Citi Leadership Program for Opportunity Finance. The nearly yearlong course will launch in January 2014. Participants come from 21 state...

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$100 Million in Bonds Approved by Treasury's CDFI Bond Program

The Department of the Treasury has approved term sheets for $100 million in bonds for a partnership that includes Enterprise Community Loan Fund Inc., the Local Initiatives Support Corporation (LISC) and Bank of America.

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CDFI Funds Awards $172 Million in Assistance

The Treasury Department's Community Development Financial Institutions Fund this week awarded more than $172 million to 191 organizations. The awards are part of its Financial Assistance and Technical Assistance program.

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$8 Million-Plus Offered in NEXT Awards for CDFIs

Some $8.3 million will be awarded to three community lenders to expand their work providing financial products and services in low-income communities through the Wells Fargo NEXT Awards for Opportunity Finance.

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CDFI Fund to Revisit Lending Activity in Native Communities

The CDFI Fund structured the study in part based on solicitation of public comment from Tribal leaders and organizations that work with Native Communities. The study will include a mix of independent research, Tribal consultation, and focus groups to establish the status of credit and capital access in Native Communities.

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