Thanks to the Bank Enterprise Award Fund, United is able to issue responsible credit and financial services to underserved customers… BEA is critical for offsetting the cost of running a small‑dollar loan program.
Thanks to the Bank Enterprise Award Fund, United is able to issue responsible credit and financial services to underserved customers… BEA is critical for offsetting the cost of running a small‑dollar loan program.
These funds are vital to increase the capacity to serve low to moderate income families and their purchase of safe, fit, and affordable housing.
We are proud to be one of the many CDFIs channeling capital into otherwise economically underserved communities nationwide. Since 2017, we have financed over 3,000 affordable homes, aided by awards from the CDFI Fund. The CDFI Fund’s programs are essential to our work and our ability to attract and leverage private capital.