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- Feb 28
- 2 min
Coalition Submits Testimony on Executive Budget Proposal
The NYS CDFI Coalition provided written testimony to the Joint Legislative Public Hearing on the 2022 Executive Budget Proposal: Economic...
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- Jan 18
- 2 min
CDFIs Praise Gov. Hochul's Housing Plan
ALBANY, NY – 1/18/22 – Community Development Financial Institutions (CDFIs) help lower-income New Yorkers keep a roof over their heads,...
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- Jan 13
- 2 min
Philanthropy and Capital: The Most Welcome Words I Ever Heard
Rodney Foxworth's new opinion piece for Next City ("Hear Us: Shifting Capital Isn’t Just About the Amount. It’s About Who’s in Control")...
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- Oct 25, 2021
- 2 min
31 NYS CDFIs Win $4.9 Million in Grants
ALBANY, NY – October 26, 2021 – In 2007, New York passed into law a State Community Development Financial Institutions (CDFI) Fund...
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- Oct 13, 2021
- 1 min
Bento, Poke ... and Emergency Loans
There are plenty of dining options on Eldridge Street on the Lower East Side of Manhattan, but only one bills itself as a “cozy...
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- Jun 29, 2021
- 3 min
Working Together – To Keep Families in Their Homes
What happens when 16 families, many of whom have lived in their co-op building for generations, are in danger of losing their homes? As...
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- Jun 18, 2021
- 1 min
Many Hands Make Light Work!
During the pandemic, the NYS CDFI Coalition board got into a cadence of meeting by Zoom once a week at lunchtime. These Friday Noon Zooms...
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- Mar 31, 2021
- 3 min
Where Have all the Bank Branches Gone? or “Deja Vu All Over Again”
Lawrence Peter “Yogi” Berra passed away in 2015, leaving us a legacy not only of his Hall of Fame baseball career with the New York...
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- Mar 24, 2021
- 1 min
Bronx Museum of the Arts Commits to Community
Located a few blocks away from Spring Bank headquarters, and with a shared mission of community revitalization, the Bronx Museum of the...
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- Mar 23, 2021
- 1 min
Chartering a new credit union shouldn't be this hard
In these fraught times, the National Credit Union Administration has lately lamented the difficulty of starting new credit unions of any...
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- Feb 2, 2021
- 1 min
Signs of the Times
Shahin Bhuiyan is the owner of Eshika Printers & Sign Inc., a signboard and banner printing company he founded in 2014. Since then,...
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- Jan 15, 2021
- 3 min
Game Changer
Back in 1989, Congress instructed regulators to “preserve the number of minority depository institutions; preserve the minority character...
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- Dec 24, 2020
- 3 min
Success! NYS Small Business Truth in Lending Act Will Protect Borrowers from Debt Traps
ALBANY, NY – December 24, 2020 – Governor Andrew Cuomo has signed legislation that protects the interests of New York’s small businesses...
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- Nov 23, 2020
- 1 min
Ithaca Small Businesses Deserve Truth in Lending
"As COVID-19 cases continue to rise and fall in and around Ithaca, small businesses are wondering what the future holds. If they were...
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- Nov 23, 2020
- 1 min
Minority-owned Businesses Need Financial Clarity Now
According to Anthony Gaddy, President of the Upstate New York Black Chamber of Commerce, "A little-known problem has exacerbated...
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- Nov 11, 2020
- 1 min
Albany CDFI Honored as 2020 "Changemaker"
The Albany Business Review’s Achievers Awards for 2020 honor the outstanding businesses and business leaders who have been Changemakers...
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- Nov 10, 2020
- 1 min
Business Center for New Americans Rebrands as Accompany Capital
NEW YORK, Nov. 10, 2020 /PRNewswire/ -- Business Center for New Americans (BCNA), a leading New York City CDFI and Small Business...
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- Oct 27, 2020
- 1 min
Nonprofits Face Financial Uncertainty - Shelterforce
"Nonprofit housing organizations in the states hardest hit by the pandemic could soon face the same dilemma as New York-based...
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- Oct 27, 2020
- 1 min
Westchester Co. Small Businesses Deserve Truth in Lending
NYS CDFI Coalition Treasurer Kim Jacobs has a "Contributing Writers" piece in the Westchester County Business Journal this week. Here's...
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