...Community Capital (VCC) helped make the agency’s vision a reality. In December 2018, VCC closed four loans with People Inc. for the purchase and rehabilitation of three properties totaling 96 units. People Inc. used the loans to fund the projects...
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...NOAA details several important deadlines for the 2019 round, including: Community Development Entity (CDE) Certification Application: September 23, 2019 NMTC Electronic Application Submission: October 28, 2019 Qualified Equity Investment (QEI) Issuance and...
...as Willie and Stacy Simms of the Gillespie Grill in Greensboro (pictured above). And PBC’s impact is only accelerating with their latest financing from OFN and their efforts to help local entrepreneurs withstand the debilitating effects of the COVID-19 pandemic. “OFN’s...
...Communities.” The witnesses for the hearing were: John Holdsclaw IV, President, CDFI Coalition Frank Altman, Founder and CEO, Community Reinvestment Fund, USA (OFN member) Lakota Vogel, Executive Director, Four Bands...
...communicate, or get around in the community, or connect with other people, or work, or go to school. We also report the repayments to Credit Builders Alliance, who, in turn,...
...CDFIs to increase their impact in low-wealth communities. The witnesses were: Bill Bynum, CEO, HOPE (Hope Credit Union/Hope Enterprise Corporation/Hope Policy Institute) (OFN member) Everett K. Sands, CEO, Lendistry (OFN...
...those dreams come true,” said Tieman. “The Benedum board has always seen [CDFIs] as a great tool in the toolbox, and we should try to build more of them.” Foundations...
...with each co-chair of the Senate Community Development Finance Caucus: Senator Mark Warner (D-VA) and Senator Mike Crapo (R-ID). Board members shared their on-the-ground experiences and highlighted the importance of CDFI...
...that was brewing on everyone’s mind, with a session on “Race, Health, and Climate Justice in CDFI Work.” The panel was comprised of Karen Kelleher from BlueHub Capital, Daniel Wallace...