The project will deploy $20 million as secondary capital to expand economic relief and financial inclusion, and follows a $1 million project last summer aimed at helping low-income consumers in Rust Belt cities. ... Read full article
The two groups have launched a new effort to promote the benefits of being certified as a community development financial institution. ... Read full article
Several institutions were first-time recipients in the latest round of funding, including $2.75 million for Self-Help FCU. ... Read full article
The account would complement the existing Community Development Financial Institutions Fund and could be replenished annually if banks and credit unions use the funds to help when natural disasters and other crises occur. ... Read full article
