Demetrius Freeman/The Washington Post via Getty Images
The CDFI fund supports mission-driven lenders operating in rural, tribal, and otherwise underserved parts of the country. Last year, it awarded over $400 million to those institutions.
If federal funding is off the table, Howard Berk, president of Ellijay Mushrooms, says he’ll have to consider putting up more equity or taking on debt.
What’s that old saying? You’ve got to spend money to make money? The U.S. Department of Transportation is trying a variant on that when it comes to funding road and bridge improvements. It’s tripled the amount of money in what’s known as the BUILD Transportation Discretionary Grant program to $1.5 billion. But part of the criteria for state […]