Earlier this month the Washington Post reported on the state of small business lending, highlighting findings that come as no surprise to CDFI industry practitioners, “Small black-owned businesses are significantly more likely to face financial challenges than white-owned firms and have
Opportunity Finance Network is excited to partner with the Federal Reserve Banks again this year on the Small Business Credit Survey, a national survey of small business owners/managers.
Washington, D.C. (October 3, 2017)—The Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has established a plan for releasing updated program eligibility information based upon Census Bureau data from the 2011-2015 American Community Survey (ACS).
Urban Institute has released data collected across the country and developed a a new fact sheet on the growing footprint of CDFIs and the role they play in serving communities in need. Key findings include: