Data from the Pew Research Center shows that despite a strong labor market (3.9% unemployment as of July, the lowest it has been in nearly two decades), wage growth has lagged such that today's real average wage "has about the same purchasing power it did 40 years ago."
On November 9 we will officially sunset CDB-L, fully transitioning all our industry interactions onto CDFI Connect Community.
If you are looking for a rewarding career where you can make a real difference in your community, a job with a CDFI might be right for you.
The first federal New Market Tax Credit approved in Klamath County will help REACH Inc buy a new facility with plan to double the staff in five years thanks to lending partner Craft3, an OFN Member. REACH Inc.
(July 2017) The Vermont Community Loan Fund (VCLF), a nonprofit, mission-driven, alternative lender, has been awarded a $1 million financing package from USDA Rural Development’s Intermediary Relending Program (IRP).