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The Trust is administered by the Dade County Homeless Trust responsible for allocating funds and implementing the Miami-Dade County Continuum of Care Community Homeless Plan. The Trust claims to have created 5,000 beds of emergency, transitional and permanent housing and reduced homelessness from 8000 to 800 under its watch. [39]
Wainwright Bank was an American socially progressive bank based in Boston. The bank was founded in 1987 and was acquired by Eastern Bank in 2010. While it operated it was lauded as a "rebel with a cause making its reputation as a champion of social-justice causes, throwing its support behind everything from the gay-rights movement and affordable housing initiatives to immigration reform and ...
The Community Reinvestment Act (CRA, P.L. 95-128, 91 Stat. 1147, title VIII of the Housing and Community Development Act of 1977, 12 U.S.C. § 2901 et seq.) is a United States federal law designed to encourage commercial banks and savings associations to help meet the needs of borrowers in all segments of their communities, including low- and moderate-income neighborhoods.
The Housing, Community Development and Insurance subcommittee oversees the U.S. Department of Housing and Urban Development and Ginnie Mae.The subcommittee also handles matters related to public, affordable, and rural housing, as well as community development including Empowerment Zones, and government-sponsored insurance programs, such as the National Flood Insurance Program.
A community development bank (CDB) or Community Development Financial Institution (CDFI) is a development bank or credit union that focus on serving people who have been locked out of the traditional financial systems such as the unbanked or underbanked in deprived local communities.
A government corporation owned by the United States Department of the Treasury, it was established through the Riegle Community Development and Regulatory Improvement Act of 1994. [1] Financial institutions, which may include banks , credit unions , loan funds, and community development venture capital funds, can apply to the CDFI Fund for ...