The CDFI Fund has announced the availability of up to $5 billion in tax credit allocations for the 2012 NMTC allocation round. The goal of the NMTC Program is to spur new or increased investments into operating businesses and real estate projects located in low-income communities. The NMTC Program attracts investment capital to low-income communities […]
Last week our staff attended the OFN Small Business Forum held in our hometown of Chicago. The forum was an excellent opportunity to catch up with a number of our clients and industry colleagues as well as to learn more about the opportunities that exist for CDFIs to better serve entrepreneurs and small businesses. One […]
Yesterday the CDFI Fund announced that applications are now open for the FY 2012 BEA funding round. The BEA program awards funding to Federal Deposit Insurance Corporation-insured banks and thrifts across the nation for increasing investments in CDFIs and community and economic development lending activities. Through the BEA Program, the CDFI Fund provides monetary awards […]
The USDA recently announced the availability of funding for its Rural Business Opportunity Grants (RBOG). The purpose of the RBOG program is to promote sustainable economic development in rural communities with exceptional needs. The final deadline to submit applications is Monday, August 6, 2012. Click here for more information.