Community Development Financial Institution funding plays vital role in economic growth
wishtv.com
Community Development Financial Institution funding plays vital role in economic growth
INDIANAPOLIS (WISH) – One problem for small businesses in under-invested communities is access to capital. Funding from Community Development Financial Institutions, known in the business industry as CDFIs, plays an important role in generating economic growth and opportunities in these communities. In today’s Access to Capital segment, Dr ...
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After growing by nearly ten times between 2011 and 2024, assets held Community Development Financial Institutions declined modestly between Q4 2023 and Q2 2025, a new report finds. In this video, two of the report's authors, Jake Scott and Maria Carmelita Recto, explore the findings and the reason driving the decline in total assets. Learn more and download the report: https://nyfed.org/4twVc7f | Federal Reserve Bank of New York
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