CDFI – NASCUS

Featured Story

CDFI Fund Impact Blog: Positioning the Capital Magnet Fund for Impact and Innovation

Since its inception in 2008, the Capital Magnet Fund (CMF) has awarded nearly $1.1 billion in funding to create and preserve affordable housing for Low-Income families and economically distressed communities....

A Virtual Public Meeting of the CDFI Fund’s Advisory Board

A Virtual Public Meeting of the CDFI Fund’s Advisory Board will be Held on February 28, 2023 The Community Development Financial Institutions Fund (CDFI Fund) is convening a meeting of...

Apple Pumps $25 Million Into Credit Unions & MDIs

The tech giant is working with fintech CNote to help underserved communities. The multinational technology company Apple, maybe best known for the iPhone, announced Thursday that it is working with...

Key investors named for ‘mission-driven bank fund’

(Sept. 17, 2021) A new fund designed to help banks serve low-income and minority communities will count Microsoft and Truist Financial Corp. – the sixth largest U.S. bank – as...

Streamlined CDFI certification process opens Sept. 12

(Aug. 27, 2021) Credit unions seeking certification as community development financial institutions (CDFIs) can apply for NCUA’s streamlined qualification process between Sept. 12 and Oct. 15, the agency said this...

BRIEFLY: NCUA, CDFI Fund set webinar on small-dollar loan program; Regulators to testify; Trades oppose debt collection legislation

(May 14, 2021) The small-dollar loan program of the Treasury’s Community Development Financial Institution (CDFI) Fund related to credit unions is the subject of a webinar planned for May 27 by...