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Society & Culture

Rich Black Woman Podcast – Where The Money Resides- Learn All About CDFIs and How They Can Give You Money

podcast February 3, 2021

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Rich Black Woman Podcast – Where The Money Resides- Learn All About CDFIs and How They Can Give You Money

In this episode, we discuss what a CDFI is.  CDFI stands for Community Development Financial Institution.  These are banks, credit union, loan funds and venture capital funds specifically developed to help serve marginalized and under-resourced communities.  CDFIs were also the first institutions designated to process PPP loans for the second distribution and application period in January 2021.  There are CDFIs in every state.  Secure capital for your business.  To locate a CDFI in your area go to: www.ofn.org and www.cdfifund.gov.

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