$33 Million Guarantee Pool Launched For Cdi

credit: Flickr

The Community Investment Guarantee Pool (the Pool) was launched to offer funding risk mitigation.

The Pool, with guarantee commitments totaling $33.1 million, is a new tool for community development finance and the first of its kind in the U.S.

Organizers hope that it will catalyze more than $150 million in new community investments in small businesses, climate and affordable housing.

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