Category Archives: CDFIs

Affordable Housing: Who Will Fill the Funding Gap?

Affordable housing development has been disrupted by new tax reform legislation, leaving a void in funding. New financing tools are needed for fill the gap. The Section 42 Housing Tax Credit Program (LIHTC) will be significantly impacted by the changes to the tax code. These credits encourage affordable housing and have funded over three million […]

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In Maine, Local Funding and Talent Fuel a Thriving Textile Cluster

If you’re looking for signs of a resurgence in U.S. manufacturing, your first stop should be Maine. There you’ll find a burgeoning cluster of textile startups focused on making products in the state. You’ll also find a local ecosystem that brings together together the local funding, talent and training that make the cluster possible. A […]

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Is it Time to Finally Change Your Bank?

Is this the year to finally change your bank? As the stock market reaches giddy new highs, it’s worth noting that it was just 10 years ago that a mortgage bubble and risky behavior fueled by the nation’s largest banks brought the economy to its knees. That experience—along with a backlash against the high, often […]

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Employee-Owned Companies: Where are the Impact Investors?

For social entrepreneurs concerned about growing income inequality in the U.S. and around the world, one way to spread the wealth is through employee ownership. With that in mind, you’d think impact investors would be clamoring to invest in such companies. But, not so much. They may be missing out. “Companies with meaningful ownership and […]

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Employee-Owned Companies: Where are the Impact Investors?

For social entrepreneurs concerned about growing income inequality in the U.S. and around the world, one way to spread the wealth is through employee ownership. With that in mind, you’d think impact investors would be clamoring to invest in such companies. But, not so much. They may be missing out. “Companies with meaningful ownership and […]

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Impact Investing Marketplace ImpactUS Launches First Four Offerings

Impact investors often complain they can’t find enough viable social enterprises to invest in. And entrepreneurs bemoan a lack of available funding. A recently introduced online impact investing marketplace hopes to address that problem. ImpactUs, a Washington, D.C.-based platform, aims to provide a place where investors can find out about, research and connect with funds, […]

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A New Accelerator Sets Black Business Owners up for Success

The wealth disparity between Black and White Americans is widely documented—Black households across the country average about one tenth the median net worth of White households. In Washington, D.C., that gap is more like a chasm: White households have a net worth 81 times greater than the District’s Black households. The reasons for the national […]

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A Progressive Investor’s Action Guide for the Next Administration

Concerned about the direction of the country? Make your voice—and money—heard, argues financial advisor James Frazier in this guest post.  Now that the 2016 presidential election is in the history books, the rough outlines of the next few years are starting to become a little clearer. We can reasonably expect a federal government with less […]

The Policy Behind All Those Neighborhood Ribbon Cuttings

The five brothers of the Shina family emigrated from Iraq to the United States more than 30 years ago. They purchased their first grocery store, at 14424 Schaefer Highway on the west side of Detroit, in 1994. They now own and operate 14 grocery stores throughout the metro area. On Wednesday last week, their original […]

As Population Becomes More Diverse, Funding Options Grow

The gorgeous mosaic that makes up the U.S. is becoming more so. African-Americans, Asian Americans and Hispanics collectively account for 38% of the U.S. population, and are expected to surpass 50% by 2044. And the Millennial generation is not only large, it is the most racially diverse in the nation’s history. This multi-culti melting pot […]