Summit congratulates the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) on the guarantee of $327 million in additional bond funding for projects in low-income and underserved communities.
The CDFI Bond Guarantee Program (CDFI BGP) has emerged as a promising source of long-term, patient capital for the CDFI industry and is one of the most innovative Federal Credit programs in its design and structure.
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