News

As part of the Healthy Food Financing Initiative (HFFI), the Department of Agriculture’s (USDA) Rural Business-Cooperative Service recently announced they are inviting CDFIs to submit applications to serve as the HFFI National Fund Manager.

This week, the House approved FY2017 Funding for the CDFI Fund, including a defeat of the Marino-Duffy Amendment, preserving $250MM for the CDFI Fund.

This week the CSH was named as a supporter of the White House’s Data Driven Justice Initiative. Mercy Loan Fund hit a major milestone. VEDC shows support for small businesses in Los Angeles, Chicago and New York through their National African American Small Business Loan Fund.

Since opening in 1972, Minneapolis’ Seward Community Cooperative has been on a steady growth path. What launched with a few working volunteers has expanded to boast nearly 15,000 owners and 400 employees across multiple locations in the city.

This week, $22.3 million was distributed to CDFIs to support diverse-owned small businesses, Native business owners in South Dakota got a boost, a land trust launched in Boston, and more!