Kentucky Highlands provides access to capital to small businesses located in its economically distressed and persistent poverty rural Appalachian service area.
Kentucky Highlands provides access to capital to small businesses located in its economically distressed and persistent poverty rural Appalachian service area.
CDFIs are very good stewards of federal dollars, both in terms of leveraging other resources and by making loans and investments with great repayment history.
I appreciate the aspect of the program that puts decision-making in the hands of non-governmental institutions. I think this facilitates efficient use of tax-payer dollars.