Initiative offers experience, mentorships, training, and networking to diverse professionals Nationwide – On MLK Day, January 17, 2022, the day that celebrates the life and legacy of Dr. Martin Luther […]
Community development finance is a broad term encompassing the varied sources of funding that support stronger and more resilient communities around the country. Community Development staff at the Federal Reserve […]
Economic development is more important than ever during times of economic retraction and downturn as communities strategize for business growth and resiliency. Economic developers and the programs they implement are […]
The U.S. Economic Development Administration (EDA) has published the Fiscal Year (FY) 2021 STEM Talent Challenge Notice of Funding Opportunity making $2 million available to eligible entities to create and implement STEM […]
The U.S. House of Representatives Financial Services Committee today voted to approve legislation that drives $322 billion to housing and community development resources. The committee’s budget amendment includes $80 billion to build, […]
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 […]
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 […]
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. […]
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.