The CDFI Coalition, representing the nation’s Community Development Financial Institutions (CDFIs), held its 25th Annual Institute on March 13 and 14 in Washington, D.C. This year’s event drew one of audiences, with some 170 people in attendance. Members of Congress, federal agency officials, and key staff spoke and participated in panels on policy and resource […]
Category: Featured
Coalition of Community Development Financial Institutions Releases 2019 Report
CONTACT: Ayrianne Parks, ayrianne@rapoza.org, 202-579-7445 Showcases Investing and Revitalizing Underserved Communities, Populations Nationwide Washington, DC (March 13, 2019) —The CDFI Coalition, representing the nation’s Community Development Financial Institutions (CDFIs), released a new report at a gathering of lawmakers, industry leaders and stakeholders today in Washington, DC. The report showcases 67 CDFIs’ work in revitalizing rural […]
World Food Day: Highlighting CDFIs Invested in Improving Healthy Food Access
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 […]
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 […]
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 […]
Congratulations to the 12 CDFI COALITION MEMBERS who won $41,650,000!
Post authored by Linda Davenport. On September 21, The Community Development Financial Institutions (CDFI) Fund announced its award of $91.5 million in Capital Magnet Fund grants to 32 organizations for the development of affordable housing and other community service facilities. A total of 23 CDFIs and 9 nonprofit housing organizations were given awards. Of the 23 […]
Chairman’s Letter to the Membership
As we begin to stretch into 2016, I have recovered from its newness and have begun to process and project where we’ve been and where we can go. I was pleased and encouraged by this year’s CDFI Institute’s focus on “Planning the Future of CDFIs”. The sessions were a great conversation on the past and […]