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Treasury Sued Over $289 Million in CDFI Funding as Deadline Looms

Treasury Sued Over $289 Million in CDFI Funding as Deadline Looms

by John G. Stevens | Sep 21, 2026 | Mortgage Information

A business advocacy group representing community lenders sued the U.S. Treasury Department on Monday, seeking to prevent $289 million in congressionally appropriated funding for Community Development Financial Institutions from expiring at the end of the fiscal year....
Leadership Change at Chicago Community Loan Fund

Leadership Change at Chicago Community Loan Fund

by Phil Hall | Oct 11, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The Chicago Community Loan Fund (CCLF), a nonprofit Community Development Financial Institution with nearly $200 million in assets, announced the retirement of Calvin L. Holmes after nearly 30 years with the organization, including over 26 as president. Holmes joined...

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