Month: January 2021

Combating the Fragility of Hope

Combating the Fragility of Hope

Guest blog post authored by John Holdsclaw IV, Chair of the CDFI Coalition. Across the country today, we observe the national holiday celebrating the life of Dr. Martin Luther King Jr. The King Center’s (located in Atlanta) theme and call to action for this year’s observance is “The Urgency of Creating the Beloved Community!” While […]

CDFIs Among PPP Lenders that Get First Call in PPP Re-Opening; SBA Issue New Guidance

CDFIs Among PPP Lenders that Get First Call in PPP Re-Opening; SBA Issue New Guidance

As reported yesterday, the SBA will reopen the Paycheck Protection Program (PPP) next week. As a part of a call they held with trade leaders this morning, SBA and Treasury staff indicated that Community Financial Institutions (CFIs), which includes CDFIs, will be provided a brief head start for submitting loan applications, including First Draw PPP […]

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