On August 26, 2014, the CDFI Fund announced over $195 million in funding for CDFIs nationwide through the FY2014 FATA/NACA rounds. FUND Consulting clients achieved a high level of success in this round!
- 82% of FUND Consulting loan fund clients received an award (as compared to 49% of the entire pool).
- 67% of all banks receiving FA awards are FUND Consulting clients.
- 67% of FUND credit union clients received an award.
- 100% of FUND Consulting Native CDFI clients received funding, both in the FA and NACA programs.
The FUND Consulting team is proud to play a role in helping CDFIs build capacity to increase impact in their Target Markets!