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  • Posted in: Featured News

    Consumer protection bureau issues rule to protect short-term borrowers

    The Consumer Financial Protection Bureau issued a rule this week intended to protect short-term borrowers from being mired in “payday” loan debt, according to The Hill.

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  • Posted in: Network News

    Network News September 2017

    Wasilla, Alaska – Last year, Kolten Conan was scrolling through his Facebook page, and he happened upon photos of a house under construction. He already knew a thing or two about building homes: he’s now 21 and when he was just a little boy, he had scampered among laborers at construction sites around his hometown of Wasilla, fetching boards and helping out with seasonal work.

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  • Posted in: Press Release

    U.S. Treasury CDFI Fund awards RCAC more than $1 million

    West Sacramento, Calif. — The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded Rural Community Assistance Corporation (RCAC) more than $1 million. The funding will enable RCAC’s Loan Fund, a certified CDFI, to increase lending and investment in low-income and economically distressed communities across the rural West. The Loan Fund offers loans for affordable housing development, environmental infrastructure, community facilities and rural small businesses.

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