Be it expanding affordable housing, supporting small businesses or providing financial services to urban and rural areas, community development financial institutions continue to play a pivotal role.

That was the message at the New York Coalition of CDFIs Statewide Conference last week. Organized by the National Federation of Community Development Credit Unions, more than 100 attendees turned out to hear about the financial landscape for affordable housing development and small business lending, and the impact of the economic downturn on low- and moderate-income people and communities.

 

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