Community Development Financial Institutions (CDFIs) bridge the gap between low-income individuals, families and businesses and the financial resources that they need in order to thrive. CDFIs leverage their financial resources […]
Creative Covid Solution in hawaii
CDFI Support for Hawaiian Ohanas Helps Families Threatened by COVID-19 Hawaiian culture places major emphasis on the importance of family or “ohana,†which is an extended family unit that includes […]
Alejandra Y. Castillo Sworn in as U.S. Assistant Secretary of Commerce for Economic Development
WASHINGTON – Today, Alejandra Y. Castillo was sworn in as U.S. Assistant Secretary of Commerce for Economic Development by Secretary of Commerce Gina Raimondo. The action follows the August 11, unanimous U.S. […]
Redefining risk to catalyze capital for community-based real estate developers
Commercial real estate is the “least diverse industry on the planet,†according to the Commercial Real Estate Development Association.
84% of CDCs (Community Development Corporations) are led by executive directors who are white, according to NeighborWorks America. Meanwhile, Black people make up nearly half of those living in federally financed affordable homes.
