MELBOURNE, Fla., May 18, 2018 /PRNewswire/ -- Champions Funding LLC, a leader in joint venture community revitalization initiatives, has earned Community Development Financial Institution (CDFI) certification from the United States Department of Treasury.  The certification positions Champions Funding to expand its efforts in providing affordable community housing financial packages designed to stabilize neighborhood communities and assist low-income families and individuals in becoming homeowners.

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IRVINE, Calif.--(BUSINESS WIRE)--May 21, 2018--The Capital Corps, LLC (“The Capital Corps”) announced today that it has been certified as a Community Development Financial Institution (“CDFI”) by the United States Department of the Treasury’s CDFI Fund. As a CDFI, The Capital Corps is now eligible to apply for membership to the Federal Home Loan Bank of San Francisco, to participate in the CDFI Bond Guarantee Program, to qualify for certain regulatory exemptions relating to consumer and mortgage lending, and to enable its banking partners to receive expanded Community Reinvestment Act credit.

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