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Treasury awards $24.1M in CDFI technical assistance

Thursday, September 23, 2021

The Community Development Financial Institution Fund (CDFI Fund) of the U.S. Department of Treasury recently awarded more than $24.1 million in Technical Assistance Awards to 191 Community Development Financial Institutions (CDFIs). These awards were distributed through the Community Development Financial Institutions Program (CDFI Program) and the Native American CDFI Assistance Program (NACA Program). The 191 CDFI awardees represented 39 states — as well as Washington, D.C., and Puerto Rico.

  • Read more about Treasury awards $24.1M in CDFI technical assistance

CDFI Fund awards $204 million, including to SSTI members

Thursday, October 1, 2020

The Community Development Financial Institutions (CDFI) Fund recently announced the recipients of more than $204 million in FY 2020 funding. Much of the agency’s funding is used to support banking and lending services, but several SSTI members were among the 357 awardees. Launch NY received a financial assistance award and Invest Nebraska and Vermont Sustainable Jobs Fund received technical assistance awards.

  • Read more about CDFI Fund awards $204 million, including to SSTI members

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Recent news from the SSTI Digest

Data centers may be inevitable, but state and local resistance is growing

Thursday, March 26, 2026
People in the U.S. may be in favor of the using internet, social media, and artificial intelligence, but they are increasingly skeptical of and concerned about the data centers that make all these things possible. Common themes of their skepticism were recently expressed by data center opponents in Michigan who “fear lost farmland and destroyed habitat, noise pollution from thousands of humming servers, strain on the electric grid and higher bills as utilities spend mightily on infrastructure to power the facilities, and strain on rivers and aquifers amid data centers’ use of water to cool servers.” Michiganders are not alone. 
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environment
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With OZ expansion looming, research shows program has little net jobs impact

Thursday, March 26, 2026
When the Opportunity Zone program was authorized by Congress in 2017, there was high hope that it would give a significant boost to the employment rates of those living in the poorest areas of our cities. Unfortunately, a new research paper adds to the growing findings of the program’s shortcomings and disappointing outcomes, just as the next race to establish new OZ designations is set to begin.   
economic development

Innovation Advocacy Council visits the Hill on your behalf

Thursday, March 26, 2026
“We few, we happy few” shouldn’t have been so bloody few if Shakespeare’s Henry V were honest 400+ years ago. Flash forward, and a merry band of brothers and sisters represented the TBED community well as they visited DC’s Capitol Hill this week to remind Congressional offices of the importance of several federal programs for funding strategic regional innovation initiatives. And it was nothing like Henry V’s Battle of Agincourt. In truth, regional innovation is and always has been a nonpartisan issue, but there are other pressures afoot to capture Congress’s attention and purse strings. 
IAC
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