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Community Development Financial Institution (CDFI) Community Development

Orrick, Herrington & Sutcliffe LLP

Treasury awards $1.73 billion to improve access to capital and financial services in underserved communities

On April 10, Vice President Kamala Harris and Deputy Secretary of the Treasury Wally Adeyemo announced that the U.S. Treasury Department’s Community Development Financial Institutions (CDFIs) Fund has awarded more than $1.73...more

Holland & Knight LLP

The New Markets Tax Credit Program: An Underutilized Opportunity for Indian Country

Holland & Knight LLP on

In existence since 2000, the federal New Markets Tax Credit (NMTC) incentive has provided gap financing and infusions of cash in economically distressed communities for more than two decades. However, the amount of NMTC funds...more

K&L Gates LLP

HUB Talks: Sustainable Outlook: Promoting Economic Vitalization and Community Development with Johanna Bartee

K&L Gates LLP on

On this episode of Sustainable Outlook, host Elizabeth Crouse discusses sustainable economic development through Community Development Financial Institutions (CFDIs) with Johanna Bartee, director of JST Capital and a board...more

Nutter McClennen & Fish LLP

Special Edition Nutter Bank Report: COVID-19 Relief in the Consolidated Appropriations Act, 2021

A long-awaited bipartisan stimulus bill was signed into law by President Trump on December 27, 2020. Included in the law, known as the Consolidated Appropriations Act, 2021 (the “Act”), are economic stimulus measures and a...more

Dechert LLP

Community Development Financial Institutions – Opportunities for Managers of Loan Funds and Venture Capital Funds

Dechert LLP on

Community Development Financial Institution (CDFI) certification is awarded to “community-based organizations that seek to expand economic opportunity in low-income communities and provide financial products and services to...more

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