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Treasury Rolls Out Emergency Capital Investment Program | Goodwin

[co-author: Stephen Kim] REGULATORY DEVELOPMENTS Treasury to Invest $9 Billion in Community Development Financial Institutions and Minority Depository Institutions Through Emergency Capital Investment Program On March 4, the U.S. Department of the Treasury (Treasury) announced that it was opening the application process for the Emergency Capital Investment Program (ECIP) – a Congressionally authorized new program designed to provide long-term, low-cost equity and subordinated debt financing f...
Deposit Insurance Corporation Us Department Of The Treasury Minority Lending Program Service Test Investment Company Federal Reserve

Federal Funds for CDFIs and MDIs: Emergency Capital Investment Program (ECIP) | Baker Donelson

The Consolidated Appropriations Act, 2021 (Act), signed into law on December 27, 2020, provides up to $9 billion to Community Development Financial Institutions (CDFIs) and minority...
Baker Donelson Us Department Of The Treasury Minority Lending Program Community Development Financial Institutions Cdfis Emergency Capital Investment Program Small Business Lending Fund

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