Technical Assistance Memo on Deployment Strategies
FUND Consulting worked with Opportunity Finance Network (OFN) to develop the newly released Technical Assistance Memo on Deployment Strategies for CDFI Small Business Lenders. Read the memo online.
FUND Consulting worked with Opportunity Finance Network (OFN) to develop the newly released Technical Assistance Memo on Deployment Strategies for CDFI Small Business Lenders. Read the memo online.
Read our Fall 2013 Newsletter to find out about: FUND Clients receiving nearly $20 million in awards from the CDFI Fund. The Opportunity Finance Network Conference. FUND Consulting joining an effort to develop new training series for CDFI Minority Depository Institutions. FUND Consutling’s new clients.
This past spring, communities in several cities across the US had the unique opportunity to decide exactly how their tax dollars should be spent. From sidewalk and street repairs to technology upgrades at schools and libraries, the practice known as participatory budgeting is helping to give a voice to thousands of residents to improve the […]
The New Markets Tax Credit (NMTC) program was established by Congress in 2000 to spur new or increased investments into operating businesses and real estate projects located in low-income communities. The program attracts investment capital to low-income communities by permitting individual and corporate investors to receive a tax credit against their Federal income tax return […]
Last week the CDFI Fund released the long-awaited Notice of Guarantee Availability (NOGA) and application documents for the inaugural round of the CDFI Bond Guarantee Program. Applications for the program will be accepted through 11:59 PM EDT on Wednesday, July 17, 2013. The CDFI Bond Guarantee Program was first enacted through the Small Business Jobs […]
The CDFI recently released additional guidance on the review process for applications submitted as part of a major recertification process announced earlier this year. The CDFI Fund’s mandatory recertification guidelines affect more than 700 certified CDFIs whose original or last date of CFDI certification occurred at least three years ago. The new FAQ addresses a […]
Earlier this week the CDFI Fund announced the availability of approximately $17.1 million in funding for the Bank Enterprise Award (BEA) program. The BEA Program supports FDIC-insured financial institutions around the country that are dedicated to financing and supporting community and economic development activities. The BEA Program complements the community development activities of insured depository […]
As the CDFI Fund wraps up its Innovations in Small Business Lending training series, FUND recently participated in a webinar on the training and reference materials available in its small business lending resource bank. Whether you are an emerging organization or an established small business lender, the resource bank has a wealth of information that […]
Capitalization and fundraising are ongoing endeavors for CDFIs of all types and sizes, especially as the CDFI industry continues to grow in order to meet the diverse financing needs of a wide range of communities and markets. As the expansion of a CDFI is principally based on available capital to meet increased demand, capitalization planning […]
As we’ve discussed on the blog, collecting and analyzing data is key to finding and evaluating the best solutions to the challenges facing the communities in which we work and live. It is no secret that federal, state, and local governments are the repositories for millions of important data points about the places we live […]