WebWe are particularly pleased with the diversity of CDFI partners and with the diversity of EMC members. In our inaugural 2024 cohort, 82 percent of EMC members identified as non-white, with 31 percent identifying as Black and 48 percent Hispanic. Of that group, 76 percent of the members already lived in the community being served by the CDFI. WebApr 13, 2024 · The U.S. Impact Investing Alliance has long called for robust support for the community lenders that serve as the backbone of the community investing ecosystem. Especially in light of the COVID-19 crisis, these community development financial institutions (CDFI) and minority depository institutions (MDI) were critical in flowing capital to the …
The African American Alliance of CDFI CEOs Welcomes …
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Lenwood V Long Sr - President/CEO - African American Alliance of CDFI …
http://impinvalliance.org/news-updates/2024/4/13/historic-funding-disbursed-for-community-lenders WebJan 12, 2024 · Lenwood Long, president and CEO of the African American Alliance of CDFI CEOs, notes that among CDFI banks in Mississippi that offer mortgages, only 11 percent of their mortgage loans went to Black borrowers, per 2024 federal data. That’s lower than the percentage of mortgages from all types of lenders that went to Black borrowers, which … gliding in arena end game clip fortnie