Community Development Financial Institutions

by: Iola Bonggay

The United States Department of Treasury is an executive department as well as the official treasury of the United States federal government. The work of the treasury generally involves the process of ensuring and safeguarding the country's economic and financial systems.

The programs and initiatives of the treasury are greatly influenced by its general agency mission which is to create and sustain a strong economy and generate various economic and job opportunities by way of encouraging the conditions that foster and highlight economic growth and stability, both inside and the country and overseas, strengthening national security by eliminating and appropriately responding to threats, and ultimately, protecting the integrity of the country's financial system while simultaneously managing the government's finances and resources.

One of the prominent programs of the Department of Treasury is the Community Development Financial Institutions Fund, otherwise known as CDFI Fund.

Community Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.

  (continued...)

Community Development Financial Institutions
  Page 2

About The Author Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. She also maintains Websites providing resources on artist grants and children grants.

Additional Resources

category - Small Business Grants

Common Bean Productivity Research for Global Food Security Competitive Grants Program
In keeping with this mission, the National Institute of Food and Agriculture has recently established the Common Bean Productivity Research for Global Food Security Competitive Grants Program in an attempt to develop approaches and methods that can efficiently address the various challenges facing common bean (Phaseolus vulgaris) production among small holder producers in food insecure countries.

---

9 Things You Must Do To Maximize Your Chances Of Obtaining A Small Business Loan
To get approval for your small business loan application, you must be able to meet the lending criteria set down. Some organisations are more risk averse than others, and will therefore have more st...

---

Small Business Administration's Recovery Capital Loans
The Recovery Capital Loans Program provides financial assistance to small business with less than 500 employees to obtain a deferred payment loan from the agency, in order to meet existing debt payments, thereby giving the business the opportunity to refocus their business strategy.

---

Small Business Grants - Free or Low Cost Consulting for Your Small Business
Did you know that it is possible for you to receive free or low cost consulting for your small business? If it sounds too good to be true, rest assured it is actually possible. Not only does it make sense economically, but you would be receiving advice from professionals who have extensive business experience.

---