Description:
CDFIs are financial institutions certified and reviewed annually by the Department of Treasury for their work providing access to capital for low- and moderate-income borrowers. Each CDFI has a target market that may be defined geographically, by race/ethnicity, or income. CDFI’s must make 60% of their loans to their target market. CDFIs can offer critical support to child care entrepreneurs who frequently experience barriers in accessing conventional lending. (author abstract)
Resource Type:
Other
Publisher(s):
Country:
United States