Breakthrough bond issue provides the largest number of CDFIs access to Treasury Bond Program in a single bond issue.
Washington, DC (September 27, 2017)—U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today that Treasury issued two guarantees totaling $245 million under the Community Development Financial Institutions (CDFI) Bond Guarantee Program.
More than 190,000 in underserved communities have been positively impacted, and more than 312 jobs created throughout California, Nevada, and Arizona