Treasury Approves $325 Million in Community Development Bonds


credit: Wikipedia

The Treasury Department announces $325 million in community development bonds to invest in low-income communities nationwide.

The Community Development Financial Institutions Fund (CDFI Fund) has chosen three teams to roll out the bonds and to make bond loans to eligible CDFIs for investment in needy communities. The three organizations selected as the qualified bond issuers are The Community Reinvestment Fund, Opportunity Finance Network, and TriSail Funding Corp.



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Programs that provide alternatives to traditional banking systems and/or focus on policy-making, information sharing, research or other activities that relate to financial institutions and services. Banking; Credit Unions; Investment Management; Investments & Securities; Savings & Loans




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