CDFIs

Spitzer Signs CDFI Law

New York Governor Eliot Spitzer in July signed into law authorization to create the nation’s first State Community Development Financial Institutions (CDFI) program. The as-yet unfunded program is designed to […]

New York Governor Eliot Spitzer in July signed into law authorization to create the nation’s first State Community Development Financial Institutions (CDFI) program. The as-yet unfunded program is designed to supplement the federal CDFI program and assist community-development credit unions and other alternative financial service providers in offering loans and other financial services to people and businesses in low- and moderate-income communities.

  • Making Homeownership Affordable: Bringing Fannie and Freddie Back to Mission, a Shelterforce Webinar

    April 30, 2026

    Fannie Mae and Freddie Mac guarantee most U.S. home loans, which is supposed to make homeownership widely accessible. But is this happening? In this webinar, three field leaders argue that these government-sponsored enterprises need to step up with new products and services to expand access to homeownership.

  • Side-by-side similar looking two-story houses with peaked roofs. Small front yards have a short iron railing fence along the sidewalk.

    Opportunity Zones: Billionaire Handout or Housing Booster?

    November 14, 2025

    The OZ program unleashed billions in private capital. Whether it lifts neighborhoods or just investors hinges on who’s steering the money and how well they can navigate the system. Now that Congress has made OZs permanent, the stakes are even higher.

  • Close view of a transom over a government building. Gold lettering in all caps reads "United States Environmental Protection Agency"

    EPA Terminates Already-Awarded Climate Funding

    March 14, 2025

    The agency says $20 billion in green funding for low-income communities was mismanaged and issued with political bias, but so far the EPA hasn’t produced the evidence needed to legally block the grants. Three nonprofits have filed suit.