Congress: Continue to Invest in America’s Struggling Cities and Towns

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The Hill published an op-ed co-signed by the CEOs of LIIF, Capital Impact Partners, Reinvestment Fund and IFF that calls on Congress to support and ensure full funding for the CDFI Fund, which is threatened despite a strong and unwavering financial and social track record.

On average, CDFIs leverage every federal dollar with at least 12 additional dollars from other sources, including banks, foundations, and impact investors….In 2016 alone, with support from the CDFI Fund, CDFIs nationwide created 36,000 jobs, made 11,000 business loans, and financed 24,000 affordable housing units in urban and rural communities that need it most.

Read the entire op-ed in The Hill