A movement for economic justice.
We address the barriers to community and economic development, Black business growth, wealth creation, and financial protections in African American communities
We strengthen our member fiscal and impact capacity using best practices to facilitate social and economic advancement in their communities.
We utilize research tools to elevate the disproportionate investment in Black-led CDFIs, and to advocate for a redistribution of capital flow to these CDFIs.
Black leaders creating a path toward equitable policies and practices within the Black community.
Non-profits, cooperatives, and businesses working toward a living wage, basic benefits, career-building, wealth-building opportunities and/or a fair and engaging workplace.
Projects proactively addressing historical and current systemic oppression in order to ensure fairness in the access to opportunities, resources, and rights for the Black community.
When the U.S. Supreme Court effectively outlawed affirmative action in college admissions, colleges and universities felt the pressure to end race-based scholarships programs, and roll back diversity, equity, and inclusion (DEI) initiatives. Recent events have highlighted a stark reality: the fight for DEI is far from over. In fact, it’s under attack. The decision by
Read MoreToday’s Supreme Court ruling in favor of the Consumer Financial Protection Bureau (CFPB) marks a crucial milestone for racial and economic equity in the United States. The CFPB’s fundamental mission is to protect consumers from unfair, deceptive, and abusive financial practices, and today’s decision ensures the agency can continue this essential work unimpeded. This ruling
Read MoreThe Environmental Protection Agency has announced 60 selectees under the Greenhouse Gas Reduction Fund Solar for All grant competition as part of the President’s Investing in America agenda. This initiative aims to deliver solar energy to over 900,000 low-income and disadvantaged households nationwide, shining a light on a brighter, more sustainable future. Congratulations to two
Read MoreThe Alliance to play key role in advancing environmental equity as a sub-awardee ORLANDO, FL – The African American Alliance of CDFI CEOs (The Alliance) announced today that the Justice Climate Fund (JCF) has been awarded $940M as part of the Environmental Protection Agency’s (EPA) Clean Communities Investment Accelerator (CCIA), for which The Alliance will
Read MoreRecent legal developments continue to challenge Diversity, Equity, and Inclusion (DEI) initiatives. A notable example is the case in Texas where the Wisconsin Institute for Law & Liberty (WILL) secured a permanent injunction against the Minority Business Development Agency (MBDA). The lawsuit argued that the MBDA’s programming, which aims to support minority business enterprises, was
Read MoreFY 2024 CDFI Bond Guarantee Program Application Period Now Open Attention, community development financial institutions (CDFIs) and stakeholders! The fiscal year (FY) 2024 application period for the CDFI Bond Guarantee Program is officially open. With up to $500 million in bond guarantee authority available for Eligible Community Development Financial Institutions (Eligible CDFIs), this opportunity promises
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