Tuesday 31 August. Despite the recent closure of a leading light in the US CDFI movement, The Economist finds that the rest of the sector is “stronger than ever”. Continue reading
News
Turning mission impossible into mission accomplished
Thursday 26 August. We need to demonstrate that our businesses are lean, mean, fighting machines to secure our place on the Coalition Government’s agenda. Continue reading
Banks say demand is falling, CDFIs say it is rising. Who is right?
Monday 9 August. Banks have changed their view of what a viable business looks like, with the result that many SMEs are losing out. But if they work through CDFIs, banks can reach and develop new markets. Continue reading
Government recognises the importance of CDFIs in lending consultation
Thursday 29 July. A joint BIS and Treasury consultation document, Financing the Private Sector Recovery stresses the importance of community finance. Continue reading
David Cameron announces Big Society Bank
Thursday 22 July. David Cameron this week outlined plans for the new Big Society Bank, and announced the country’s first ‘Big Society communities’ in Sutton, Windsor and Maidenhead, Eden Valley in Cumbria and Liverpool. Continue reading
Bank has Big potential – but only if it’s well designed
Tuesday 20 July. The Big Society Bank announced by David Cameron this week has transformative potential – but it needs to be well-designed and fit for purpose. Continue reading
National Housing Federation launches affordable loans scheme
Friday 16 July. The National Housing Federation, trade association for housing associations in England, is piloting a new affordable loans scheme in partnership with cdfa member ELM. Continue reading
Minister announces annual financial health check for families
Thursday 15 July. The Financial Secretary to the Treasury, Mark Hoban, has pledged that families will benefit from a free money advice and an annual financial health check, in a speech to the Consumer Financial Education Body last night. Continue reading
“Proving the doubters wrong”
Monday 12 July. Despite the early doubters, the sector is still here, stronger than ever. Continue reading
Mail on Sunday advises small businesses to seek out CDFIs
Monday 12 July. The Mail on Sunday profiled cdfa member Fredericks Foundation this Sunday, as part of an article on CDFIs as alternative sources of finance for small businesses. Continue reading