‘A watershed moment’: CDFIs hope to capitalize on federal funding boost

American Banker

By Brendan Pedersen

April 20, 2021, 9:00 p.m. EDT

SELF is quoted in this article in American Banker about how new funding is boosting CDFI’s across the country.

“One of the things that SELF is trying to do is further penetrate low-income markets,” Coward said. “And if we had the ability to take our low-cost financing and merge it with affordable housing grant programs that may be available from [the Community Development Block Grant program] or some other federal program — if you could blend those dollars together, you would be able to further penetrate the very low-income homeowners who need assistance.”

Doug Coward

To read the full article, click here.

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