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State Increases Investment in CDFIs, Echoing CUF's Recommendation

Impact - February 2022

State Increases Investment in CDFIs, Echoing CUF's Recommendation

New York State will allocate $150 million to CFDIs to boost immigrant- and minority-owned businesses, reflecting a key recommendation from CUF's December 2021 report, No Small Relief: Strengthening NYC’s Most Vulnerable Small Businesses.