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How ECIP capital is driving change at one mission-based lender

How ECIP capital is driving change at one mission-based lender
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

Mississippi , United-states , Louisiana , Arkadelphia , Arkansas , Little-rock , Jeannine-jacokes , Jeremy-davis , Darrin-williams , John-mulkin , Southern-bancorp , Hope-credit-union-in-jackson-mississippi

How ECIP capital is driving change at one mission-based lender

How ECIP capital is driving change at one mission-based lender
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Louisiana , United-states , Little-rock , Arkansas , Arkadelphia , Mississippi , Jeannine-jacokes , Jeremy-davis , Darrin-williams , John-mulkin , Community-development-bankers-association , Emergency-capital-investment-program-the-treasury-department

Treasury overhauls community development financial institution certification process

Treasury overhauls community development financial institution certification process
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

Washington , United-states , Vietnam , Republic-of , California , Philippines , American , Vietnamese , Filipino , Jim-nussle , Andrew-kushner , David-beck

The CRA Revamp: What It Means for Community Development, Affordable Housing and More

Racial justice advocates have been demanding for years that federal banking regulators use their authority under the Community Reinvestment Act (CRA), enacted in 1977, to assess whether banks are meeting the credit needs of all racial groups equally. Regulators ultimately did not meet that demand under the new CRA rules and regulations issued on October 24, but there is still a lot to talk about. Under the existing rules, banks get CRA credit for $300-$400 billion a year in loans made to low-to-moderate income households or in low-to-moderate income communities across the country. That’s a higher annual spending than HUD or the Department of Transportation or the Department of Education. Those billions of CRA-qualifying loan dollars include loans for single-family and multi-family residences, small businesses, small farms and community development. After several years and now two White House administrations, the newly updated (but still race-neutral) rules and regulations will still end up influencing how and where those dollars flow. It’s the first comprehensive overhaul to CRA rules since 1995, long before the rise of online and mobile banking. In this webinar, we’ll discuss what community development, affordable housing, fair housing groups and their local public sector partners should expect as the rules begin shaping banks’ CRA-qualifying activities even before they technically go into effect in 2026. Moderator: [[person_4]] Speakers: [[person_1]] [[person_2]] [[person_3]]

United-states , Canada , White-house , District-of-columbia , Mexico , Department-of-education , Oscar-perry-abello , Brian-blake , Capital-magnet-fund , National-association-of-affordable-housing-lenders , Twitter , Office-of-small-business

Wicker's bill creates private-investment tax credit to support underserved areas

Wicker's bill creates private-investment tax credit to support underserved areas
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United-states , American , America , Community-development-venture-capital-alliance , Opportunity-finance-network-inclusiv , Community-development-bankers-association , Community-bankers-of-america , Us-senate-finance-committee , Community-development-investment-tax-credit , American-bankers-association , Roger-wicker

Top Tips for Internship Success | Dickinson College

Top Tips for Internship Success | Dickinson College
dickinson.edu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dickinson.edu Daily Mail and Mail on Sunday newspapers.

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LISC names Michael T. Pugh as CEO

/PRNewswire/ -- The Local Initiatives Support Corporation (LISC) has named Michael T. Pugh, president and CEO of Carver Bancorp [NASDAQ: CARV], as its new...

Michigan , United-states , District-of-columbia , Indiana , Washington , Puerto-rico , Eastern-michigan-university , New-york , Maryland , Delaware , American , Roberte-rubin

Worry Of The Failure Of The Most Important Avenue Enterprise Rises Once More With The Pandemic Whip • MV TELEGRAPH

Margaux & Max stayed afloat with Dinges' Facebook livestreams and creative marketing even though the retail store is closed for personal purchases.

Ferndale , Michigan , United-states , I-donna-dinges , Je-donna-dinges , Brian-blake , Community-development-bankers-association , Facebook , Surveymonkey-small-business , Small-business-administration , Dinge-facebook , Surveymonkey-small-business-survey

Small business lending looks unequal, getting data has been a battle

Small business lending looks unequal, getting data has been a battle
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Broad coalition of financial institutions support CDFI exemptions

List of organizations weighs in on the proposals

United-states , Americans , America , American , Steven-sugarman , Jodie-harris , United-states-department-of-the-treasury , Even-opportunity-finance-network , National-association-of-mortgage-brokers , Mortgage-companies , Treasury-department , Consumer-financial-protection-bureau