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.
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 […]
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