Thursday, April 16, 2009

Stimulus money gives a boost to small start-ups - USATODAY.com

Stimulus money gives a boost to small start-ups - USATODAY.com: "A little-known provision of the massive $787 billion stimulus law recently passed by Congress doubles federal funding for so-called Community Development Financial Institutions (CDFIs) such as Community First Fund. That includes local thrifts, banks and non-profits that serve low-income neighborhoods often ignored by large institutions or exploited by high-cost predatory lenders. President Obama's 2010 budget includes more money for the financiers, to help distressed areas hit hardest by the recession."

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