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Wells backs Idaho-Nevada nonprofit development group (access required)

IBR Staff ReportWells Fargo has announced an $800,000 equity equivalent investment in the nonprofit Idaho-Nevada Community Development Financial Institution Inc. to support small business, affordable housing and facility lending in Idaho, Nevada and Wyoming.Idaho-Nevada CDFI plans to use a portion to finance women- and minority-owned businesses. Funds also will be used to help finance affordable-housing ...

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