CDFI Fund Announces $104.9 Million in Awards for Local Financial Institutions Across Nation Serving Struggling Communities

August 19, 2010

New York, NY - Today, the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund announced $104.9 million in awards for 179 local financial institutions serving struggling communities in 44 states and the District of Columbia. These grants represent the largest single round of awards in the CDFI Fund’s history and will help those financial institutions support local entrepreneurs and small businesses, and spur local economic growth and recovery by expanding access to capital and affordable financial services in underserved areas. Read more >>, August 19, 2010