In a shocking decision, the Department of the Treasury’s Community Development Financial Institutions Fund (the “CDFI Fund”) has denied a Community Development Financial Institution (“CDFI”) the ability to serve disabled Americans (the “Disabled”), including disabled...
Under President Trump, the United States Department of the Treasury sought to change fundamental rules relating to CDFI’s through the improper introduction of a proposal under the Paperwork Reduction Act. These new rules sought to eliminate the exemption CDFI’s enjoy...
The Change Company CDFI, LLC (“The Change Company”) and its subsidiary Change Lending, LLC, America’s Community Development Financial Institution (CDFI), and Framework Homeownership (“Framework”) announced today that they have partnered to provide financial literacy...
Sandra Thompson and the Federal Housing Finance Authority (FHFA) should be applauded for questioning the Federal Home Loan Bank banks (FHLB Banks) they oversee about their level of community development lending. For decades, the FHLB Banks have been gaslighting the...
Lenders have rushed to earn CDFI status, the closest thing to a socially conscious seal of approval from the U.S. government. Now, the industry is pushing back on reforms. Change Lending says it has an edge over its competitors: It can provide mortgages to borrowers...
