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Based on “Community Development”.

CDFIs are responding to borrowers in crisis

Community Development Financial Institutions (CDFIs) like Rural Community Assistance Corporation are responding to borrowers in crisis in communities from coast to coast. Each of our organizations is fielding dozens of calls a day from borrowers struggling with how to survive lost revenue and canceled programming, how to keep people employed, and even whether to close their doors entirely.

Report says rural wages are growing faster than urban

A recent report shows that while urban areas tend to have the highest wages overall, rural wages are growing at a faster pace. According to City Lab, the myth that success is only to be found in urban areas is false.

California Governor designates Opportunity Zones

The Opportunity Zones program was established by Congress in the Tax Cut and Jobs Act to spur long-term private sector investments in low-income urban and rural communities nationwide. The program is based on the bipartisan Investing in Opportunity Act.