Today, October 16th, is World Food Day. The day is organized by the Food and Agriculture Organization of the United Nations and commemorates its founding in 1945. The theme this year is #ZeroHunger, which highlights the goal to end world hunger by 2030. Zero hunger means working together to ensure everyone, everywhere, has access to the safe, healthy and […]
Category: Blogroll
Urge House Appropriators to Restore Funding for FY 19 CDFI Fund Appropriations
Take Action on the CDFI Fund BEA and CMF Rescissions
PathStone’s Long History Serving Puerto Rico
PathStone Corporation (PathStone) began full-time operations in Puerto Rico soon after Hurricane Georges came ashore in 1998. PathStone’s entry into Puerto Rico was a long wished for dream on the part of the Board of Directors which for many years wanted the organization to offer assistance to farmworkers on the Island. PathStone’s board had, from […]
2017 CDFI Fund Program Awards Announced
Today the CDFI Fund announced $208.7 in CDFI Fund Program Awards, including: $171.1 million in Financial Assistance and Technical Assistance to 265 organizations in 46 states and the District of Columbia; $22 million to 13 CDFIs through the Healthy Food Financing Initiative Financial Assistance awards (HFFI-FA); and $15.6 million in FY 2017 NACA Program Financial […]
Dakotas America Hosts Rural Finance Gathering
Federal community development funding, as measured as a share of GDP, has declined by 75 percent over the least 40 years. Federal policy has increasing relied on private-sector resources to fill the gap. Through the NMTC and CDFI programs, community development organizations are filling the yawning credit gap encountered in many communities, creating jobs improving […]
The President’s Budget Delivers a Devastating Blow to Economic Development
President Trump released his Fiscal Year (FY) 2018 budget today entitled, “America First: A Budget Blueprint to Make America Great Again.” The plan, as was reported a few weeks ago, makes deep cuts or eliminates many programs serving economically distressed rural communities and urban neighborhoods. The proposal would all but eliminate Treasury’s Community Development Financial […]
Has your organization signed the CDFI Fund Appropriations letter?
As you know, the CDFI Fund appropriations are in need of strong congressional support for both Fiscal Year (FY) 2017 and 2018. Reports on the Trump Administration’s “skinny budget” would “all, but eliminate” the CDFI Fund. While nothing is confirmed, the CDFI Coalition is working to demonstrate the importance of these programs to communities nationwide. […]
2017 CDFI Institute Wrap-Up and Appropriations Update
Last week, the 23rd Community Development Financial Institutions (CDFI) Institute was held in our nation’s capital. The event, hosted by the CDFI Coalition, drew nearly 200 attendees, including community development stakeholders from around the nation. Congressman French Hill (R-AR), CDFI Fund Director Annie Donovan, Senior Treasury Department staff and panels of CDFI experts participated in […]
Community Development Organizations Express Concern about Reported Elimination of Treasury’s CDFI Fund
The CDFI Coalition, a broad group of more than one-hundred community development lenders and investors serving America’s low-income communities, expressed concern today about the soon to be released “skinny” budget from President Trump. The New York Times reported that the President’s plans would “all but eliminate” the Community Development Financial Institutions (CDFI) Fund. “We were disappointed […]