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Equity Will Drive LIIF’s Business

This post is featured in LIIF’s 2020 Annual Impact Report. LIIF is reimagining how we build our business to reflect our new mission and vision and to achieve our goal of mobilizing $5 billion in capital for racial equity. The COVID-19 pandemic has brought immense challenges to our country, and Black, Latino and Indigenous communities…

LIIF’s President on CDFIs’ Recession Resiliency

“CDFI borrowers and the communities they serve benefit from long-term strategies, especially when they are most needed, during economically stressful times.” When my co-author, Ellen Seidman, and I wrote those words in 2015, we were reflecting on the lessons learned from community development financial institutions’ (CDFIs) performance during the Great Recession. The sector’s unique mix…