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Investing In What Works for America’s Communities

With poverty affecting one in six Americans, a new report by leaders in the private, public, and nonprofit sectors proposes innovative ideas that can bring new vitality to struggling communities. Read More

CDFIs Receive Funding to Support Charter Schools

As part of a new $325-million JP Morgan Chase initiative, two Foundation-backed community development financial institutions will receive grants and access to $175 million in new low-cost debt to finance top-performing charter schools. Read More

Congress Approves New Spending for CDFIs

In a victory for community financial development institutions (CDFIs), newly-passed legislation includes $247 million for the CDFI Fund of the U.S. Treasury Department — a dramatic increase over its $107 million budget in 2009. Read More