Tag: CDFI

SXSW Winner CNote Launches

SWSW pitch accelerator winner CNote launches their impact savings product that promises 2.5% APY while investing 100% into Community Development Financial Institutions or CDFIs.

FY 2018 President’s Budget May Signal Changes to NMTC

The NMTC and CDFI programs may be among what gets defunded in the new administration's FY2018 budget proposal. Other energy-related tax provisions like the PTC and ITC are also threatened.

LISC to Issue $100M in Bonds – a CDFI first

The Local Initiatives Support Corp, a large, national non-profit and a CDFI, is tapping the bond market to raise $100 million in capital, a first of its kind, "game-changing" public investment. A brief look into why this timely news matters.

Advocating for NMTC’s permanence

The NMTC program may be among what gets defunded by the new administration. The tax credit program did win some stability in 2015 through a bipartisan vote of support and a reauthorization for five years instead of the previous pattern of one- or two-years.