December 6, 2018
Comments Off on MoFi receives additional $50,000 for small business loans
A Northwest organization that lends money to help small businesses start has received a 33 percent increase in the amount of funding it receives from a Boise-based nonprofit. MoFi, a community development financial institution, has received $50,000 from Capital Matrix ...
Tagged with: Capital Matrix cdfi mofi
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June 15, 2018
Comments Off on CDFI federal budget cuts could affect Idaho
A budget approved by the U.S. House of Representatives that rescinds $142 million from the Community Development Financial Institutions (CDFI) as part of a deficit reduction package could make it harder for new Idaho homeowners to buy houses. NeighborWorks Boise ...
Tagged with: cdfi neighborworks boise neighborworks pocatello
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April 20, 2018
Comments Off on For the low-income, banks are moving out of reach
Banking isn’t easy if you’re poor. Nationwide, checking accounts are getting more expensive and fees are getting harder to avoid, according to the most recent MoneyRates.com Checking Account Fee Survey. “Compared with five years ago, monthly maintenance fees are up ...
Tagged with: banking cdfi community development financial institution low income neighborworks
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