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Industry News – December 4, 2019

As the CDFI Fund Approaches 25 Years, Policymakers May Need to Rethink CDFI Regulations Mission-driven organizations are too frequently tied down by regulations that don’t fit their risk profile. Despite the fact that CDFIs had no substantial role in the latest...

Policy News – December 4, 2019

On December 10, the House Committee on Small Business will meet on the United States Small Business Administration’s (SBA) 504/CDC Loan Program. The hearing will offer Members of the Subcommittee the opportunity to hear directly from program participants....

AEO Announces $250M Commitment At the Clinton Presidential Center

  Former Secretary Jack Lew gave us an important data point. There are 8,000 declines each business day for people seeking business credit from traditional banks. AEO launched myWay to Credit after winning the first Innovation Award sponsored by the CDFI Fund at...

Policy News – November 20, 2019

The Small Business Administration has issued a direct final rule that will allow governors to petition the SBA’s Administrator to designate HUBZone status to certain rural areas. Tomorrow, the House Committee on Financial Services will hold a hearing titled “An...

Industry News – November 20, 2019

The House Tackles Recidivism in Rollsout of New Prison to Proprietorship Act the Chairwoman of the House Small Business Committee announced the release of the bipartisan Prison to Proprietorship Act, which mandates the SBA’s resource partners to provide...