Pro-Media Pod

Progressive, Proactive PR

CDFI stimulus to help communities

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In this clip, Mark and Rochelle explore the record-setting stimulus boost CDFIs are expected to receive this month.

Mark explains what the CDFI fund is and why June is proving to be a critical month for CDFIs. Moreover, he explores the reason CDFIs are so vital in the wake of the recent economic downturn.

 

 

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Organizations who fund projects and have not forgotten about low-wealth communities

 

CDFIs 101 Podcast

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In this podcast (CDFIs 101) Opportunity Finance Network CEO Mark Pinsky shares details about Community Development Financial Institutions.

As Mark explains, “CDFIs are private sector financial intermediaries that are dedicated and use the resources to create benefits for low income and low wealth people and places.” Mark then explains the origins of CDFIs as investment tools for socially responsible investors, how CDFIs operate, what vital role they perform in low-wealth communities and the future of CDFIs in light of the recent economic downturn.

If you are a journalist interested in speaking with Mark or learning more about this story, please contact CoCo Chang at (212) 245-0510 or jcoco@pro-mediacommunications.com