Today, Octavio Blanco of CNN Money took a look at the negative impact that short-term financing—known as merchant cash advances—have on small businesses, and the alternative solutions that CDFIs provide.
CDFIs are high-impact investors that boldly bring innovative and transformative capital to the hardest to serve markets.
This week CDT makes a record donation for single family housing in Detroit. The HUD and DOJ awarded $8.7MM to prevent and end homelessness, and more!
This week Enterprise Community Investment announced it has syndicated $14.75 million in low-income housing tax credit equity provided by investor American Express to help finance the $29 million, 70-unit development close to public transportation in Denver.
On Wednesday, CDFIs and mission-driven lenders and allies will meet at OFN’s annual Western regional meeting to discuss challenges and opportunities as we embark on the second half of 2016.