Washington State Boosts Communities with $5.6M CDFI Funding
Update: 2025-12-03
Description
Washington States Department of Commerce is allocating $5.6 million to eleven Community Development Financial Institutions, fostering economic growth in underserved areas. The Equitable Access to Credit Program, now in its second year, aims to provide financial opportunities to individuals and small businesses, regardless of background or location. This initiative has already supported eight businesses, leading to thirty-six investments across sixteen counties. The new funding will further expand its reach, empowering community-focused lenders and strengthening local economies.
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