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Clearinghouse CDFI Deploys $100 Million through U.S. Treasury Bond Program
Clearinghouse Community Development Financial Institution (CDFI) announced today that it has successfully deployed $100 million in financing to low- to moderate-income communities through the United States Treasury Department’s CDFI Bond Guarantee Program (BGP) program. Clearinghouse CDFI is the first bond recipient to reach the $100 million milestone. Opportunity Finance Network (OFN) served as the Qualified Issuer of the bond, which was closed in August of 2014
Mercy Loan Fund Reaches $2B Mark in Development Costs Leveraged
Mercy Loan Fund (MLF), a leading Community Development Financial Institution (CDFI) based in Denver, Colo., announced that it has reached a historic milestone: $2 billion leveraged in development costs.
Benedict Group Announces CDFI Tracking and Reporting Functionality
Benedict Group, Inc., a provider of loan servicing software for complex loans, announced today that their new CDFI loan tracking support is now available, and that this support has been approved by the Community Investment Impact System (CIIS), an organization that oversees regulatory reporting for this industry
PRICE ANNOUNCES DURHAM LENDERS RECEIVE $3.86M FOR COMMUNITY AND ECONOMIC DEVELOPMENT
Washington, D.C. - August 8, 2012 - (RealEstateRama) -- Today, Representative David Price (NC-04) announced that three Fourth District lenders are the recipients of a total of $3.86 million in funding through the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund. Durham based Latino Community Credit Union and Self-Help Federal Credit Union will both receive an award of $1,453,806 through the fund. The Support Center, also based in Durham, will receive a $953,806 award
