WASHINGTON — The U.S. Treasury Department's Community Investment Financial Institutions Fund is seeking research projects that will focus on different aspects of the CDFI industry, according to an announcement from the fund.
The Fund has $1.3 million available for use on the research, which will address topics such as CDFIs as Industry Leaders in Community Development Lending; CDFIs in Rural Communities; CDFIs as Alternatives to Fringe Providers of Banking Services; and Roles and Performance of CDFI Fund Programs.
“As Federal Reserve Board Chairman Bernanke has stated, successful community development requires knowledge,” said CDFI Fund Director Kimberly A. Reed. “The CDFI Fund now is pleased to announce this major research initiative for experts to provide a broader understanding of what is occurring in economic and community development. The Fund looks forward to analyzing results-oriented steps that can be taken to improve CDFI impact, performance, and effectiveness.”
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