Tag: CDFI
CDFIs Shouldn’t Act Like Banks, But Too Often Do
When receiving bank funding, CDFIs often limit their investments in accordance with bank restrictions. How can reforms to the Community Reinvestment Act help center the needs of underserved communities?
Major Changes Coming for CDFIs
Requirements to be certified as a community development financial institution (CDFI) will soon change—and some lenders that qualified before might no longer.
CDCs Are Having a Moment. Can the Momentum Last?
Over the past couple of years, community development corporations have been popping up in sometimes-unexpected places across the country. Will this increased interest in CDCs last, or is it a trend that will end when the money runs out?
Help for Small Businesses
What kinds of emergency measures are advocacy organizations proposing to make sure that when small businesses can open again, they’ll be financially able to do so?
How Successful is Your County in Accessing Community Development Funding?
some communities in the United States seem much better than others at attracting grants and financing for community development—even after adjusting for their relative needs. Here are some of the surprising trends:
Can Using a Racial Equity Lens Increase Capital in Communities of...
If CDFIs adopted traditional appraisal standards to determine loan amounts, they'd make very few loans in the communities they were founded to serve.
Tracing the Roots of CDFIs: A review of Democratizing Finance
This book is a major contribution to increasing knowledge and awareness of how far the community development finance movement has come in 30 years.
CDCs and Nonprofits are Indeed Leading Affordable Housing Innovation
Blaming community development corporations (CDCs) for the high cost of affordable housing construction is not only misguided, but it ignores the work of CDCs and nonprofits that are leading efforts to reduce costs in the key areas of financing, construction, and land costs.
Back in the Game: CDFIs Help 1- to 4-Unit Rental Housing...
After the housing crash, Chicago’s 1- to 4-unit rentals weren’t bouncing back in many neighborhoods. Three CDFIs came together to make it happen.
Persistently Poor Regions Would Welcome a Little Gentrification
It is often said that you get what you pay for. Clearly, too little is being paid to create positive change in America’s most vulnerable places.
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.