September 12, 2018 (New York, NY) – JPMorgan Chase today announced the creation of AdvancingCities, a new $500 million, five-year initiative to drive inclusive growth and create greater economic opportunity in cities across the world.
Earlier this summer, the CDFI Fund announced that it was integrating award recipient reporting into the Award Management Information System (AMIS). I am very happy to report that the transition is now complete and the Community Investment Impact System (CIIS), is officially retired.
A new study from the North Carolina Poverty Research Fund shows that redlining from the 1930s has echoes in today's gentrification pattern in Durham, NC.
Noelle St.Clair, Community Development Advisor and Outreach Manager, Federal Reserve Bank of Philadelphia, posted a new article on the ImpactPHL blog, where she writes "Although community development finance has primarily built its foundation around real estate investing, we have learned that in
CoVantage Credit Union was recently awarded a $750,000 grant from the U.S. Treasury’s Community Development Financial Institution (CDFI) Fund. CDFI grants help mission-driven financial institutions like CoVantage support economically disadvantaged communities.