Community Development Entities
The purpose is to encourage financial institutions to offer credits and capital to under-deserved markets. Institutions are encouraged to invest in the: Community Development Financial Institution Programs
- Financial Assistance, in the form of grants, loans, equity, deposits, and credit union shares depending on a supportive business plan.
- Technical Assistance, which addresses community development and capital access needs of particular native markets.
- Bank Enterprise Award Program
- New Market Tax Credit Program
Interesting links below: