On August 26, 2014 the CDFI Fund announced over $195 million in funding to CDFIs nationwide. 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!