Appalachian Community Capital reposted this
Congratulations to all the Coalition members that recently received FA awards from the CDFI Fund! Appalachian Community Capital, Capital Impact Partners, Community Investment Collaborative (CIC), Democracy Federal Credit Union, Foodshed Capital, Freedom First Credit Union, Locus Impact Fund, and Virginia Department of Housing and Community Development The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 357 Community Development Financial Institutions (CDFIs) with $408.2 million in Financial Assistance (FA) awards to provide financial services and products for low-income and underserved individuals and communities across America. https://lnkd.in/gbCmXwta
Financial Assistance Awards aid business creation & growth, new jobs, affordable housing development, & increased financial services for people and communities in need. Awards went to: 176 loan funds; 135 credit unions; 43 depository institutions & holding companies, & 3 venture capital funds. https://lnkd.in/gbCmXwta