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Reviving a Legacy in Schroon Lake
CDFIs like the Adirondack Economic Development Corporation are showing how strategic investment in a small business can have a ripple effect, and how mission-driven lenders are key to helping rural entrepreneurs serve the local economy and foster civic pride. T he Adirondack Daily Enterprise  shared our story. Pass it on to your representatives in Congress, and ask them to join the bi-partisan effort to support the U. S. Treasury Department's CDFI Fund so we can continue th
Nov 202 min read
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Unlock Community Development Funds
NYS CDFIs at Work: Developing workforce housing, supporting Main Street, and creating a more sustainable future.
Sep 162 min read
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SAVE the CDFI Fund!
Statement from the NYS CDFI Coalition  Community Development Financial Institutions (CDFIs) have been working with the CDFI Fund for...
Mar 151 min read
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Growing the Small-Business Economy Along I-90
NYS CDFIs could play a vital role in boosting the I-90 Corridor, but lack capacity and need regional coordination.
Dec 18, 20242 min read
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A Vision for the Future of CDFIs
CUF (Center for an Urban Future) is a leading NYC-based think tank focused on expanding economic opportunity. In December, 2022, they...
Dec 13, 20221 min read
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Webinar: E-bikes Transforming New York!
Join us for a free webinar about alternative transportation solutions that can transform New York! Friday, April 8 - 12 noon on Zoom...
Apr 5, 20222 min read
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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,...
Jan 18, 20222 min read
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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...
Oct 25, 20212 min read
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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...
Jun 18, 20211 min read
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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...
Mar 23, 20211 min read
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Game Changer
Back in 1989, Congress instructed regulators to “preserve the number of minority depository institutions; preserve the minority character...
Jan 15, 20213 min read
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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...
Dec 24, 20203 min read
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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...
Nov 23, 20201 min read
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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...
Nov 23, 20201 min read
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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...
Nov 11, 20201 min read
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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...
Nov 10, 20201 min read
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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...
Oct 27, 20201 min read
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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...
Oct 27, 20201 min read
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New Law Would Protect Small Businesses
Albany Business Review, 10/15/20 In this time of immense uncertainty for small businesses, at least one thing is clear: Additional...
Oct 15, 20202 min read
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Rochester Business Journal - Truth in Lending
Here in Rochester, small businesses are doing all they can to stay afloat during the pandemic, changing their product offerings and...
Oct 9, 20202 min read
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