As demand increases for community development financial institutions (CDFI), Urban Institute reports what could be done to build the finances needed to fund the services they provide.
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Treasury Awards More Than $200 Million in Community Development Funding
The Community Development Financial Institutions (CDFI) Fund of the U.S. Department of Treasury announced Friday the awarding of $202 million in grants and loans to 195 CDFIs through the CDFI Program and the Native American CDFI Assistance (NACA) Program, capping the 20th anniversary of CDFI funding.
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