The Community Development Financial Institutions Fund

Released on by Andre L. Wright
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  • The Community Development Financial Institutions Fund Book Detail

  • Author : Andre L. Wright
  • Release Date : 2013
  • Publisher : Nova Science Publishers
  • Genre : Federal aid to community development
  • Pages : 0
  • ISBN 13 : 9781624175510
  • File Size : 94,94 MB
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The Community Development Financial Institutions Fund by Andre L. Wright PDF Summary

Book Description: As communities face a variety of economic challenges, some are looking to local banks and financial institutions for solutions that address the specific development needs of low-income and distressed communities. Community development financial institutions (CDFIs) provide financial products and services, such as mortgage financing for homebuyers and not-for-profit developers, underwriting and risk capital for community facilities; technical assistance; and commercial loans and investments to small, start-up, or expanding businesses. CDFIs include regulated institutions, such as community development banks and credit unions, and non-regulated institutions, such as loan and venture capital funds. This book describes the Fund's history, current appropriations, and each of its programmes.

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