Press & News
Good things are happening.
Read our Fact Sheet to learn about Change’s business practices and positive social impact
Change Lending (Change) is issuing this Fact Sheet to provide its stakeholders and strategic partners information on Change's business practices and positive social impact. i TOPIC #1: What borrowers are part of Change’s Target Markets – as certified by the United...
Treasury Makes Shocking Decision to Exclude Disabled Americans from CDFI Program
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...
Broad coalition of financial institutions support CDFI exemptions
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 and Framework Homeownership Partner to Expand Homeownership
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...
It’s time for FHLB Banks to pursue their mission
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...
This Little-Known U.S. Agency Determines Millions in ESG Investing. It’s About to Change the Rules.
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...
The Secret Bias Hidden in Mortgage-Approval Algorithms
Read at The Markup
Steven A. Sugarman Speaks at 74th Annual NAREB Convention on Expanding Black Homeownership
Read at BusinessWire
The Change Company Partners with Netflix to Expand Black Homeownership
The Change Company, America’s Community Development Financial Institution (CDFI), announced today its partnership with Netflix to expand Black homeownership in America. The Netflix investment in affiliates of The Change Company is focused on bringing racial equity to...
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