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News Now

Washington
CDFI Fund To Expand Funding For Community Health Centers
WASHINGTON (3/25/13)--The development of community health centers in underserved communities will get a boost under an expanded initiative by the Treasury Department's Community Development Financial Institutions Fund (CDFI Fund).

The CDFI Fund announced Friday that its Capacity Building Initiative, designed to support new, innovative sectors of community development financing, will now feature a new "Financing Community Health Centers" series to finance and support those centers.

The series is a dedicated two-year effort to provide structured, specialized technical assistance and training services to CDFIs engaged in or planning to provide assistance to community health centers. The training will provide best practices on successful financing from experts in the field, as well as tools for interpreting the changing operating environment over the course of the next 24 months.

The CDFI Fund maintains that the training and technical assistance provided as part of the series holds the promise of simultaneously producing jobs, addressing the needs of vital community facilities, and developing the economies of the nation's low-income communities. Opportunity Finance Network has been selected as the training provider.

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