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Across the country, community development financial institutions (CDFIs) such as IFF are changing lives. These specialized financial organizations support nonprofits, small businesses, and individuals in low-income areas who may have difficulty accessing traditional banking services. Their aim is to promote economic development, affordable housing, and community growth – and that is exactly how IFF is helping Detroit Phoenix Center (DPC), and Family Promise of West Michigan.
"By investing into our organization, they're also investing into the community, and hundreds of young people, potentially thousands, are going to be served," says...
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Recently, IFF closed a $430,000 loan that provided DPC with financing for the purchase of a 40-foot recreational vehicle (RV).
OK, now read that again.
If you are thinking WTF then you have common sense. If you are thinking “I don’t get it” then you must have worked in the Biden administration.