CDFIs
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How the New CRA Rule Will Help, and Where It Falls Short
The assessments that evaluate a bank’s lending practices have improved, but there are several missed opportunities for reform. For one, the new rules won't incorporate a racial analysis into lending examinations.
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CDFIs Led By People of Color Face Financial Disparities Too
A lack of access to capital, capacity-building resources, and technical assistance significantly constrains the ability of CDFIs led by people of color to achieve greater impact.
CDFIs “Rethink” Systems, But (Hopefully) Not Identity
We are definitely in some danger of losing a connection to the animating social movements that gave rise to the industry.
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 […]