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Anyone use CDBG guarantees for CDFI?
Original message from: email@example.com
Has anyone used or are using CDBG based guarantees for a CDFI loan pool?
Our local municipality has pledged support but is getting tripped on whether
or not the job creation is required for 1) a CDFI acquiring CDBG loans with
a recourse guarantee to the CDBG, and 2) guaranteeing new CDFI loans.
Exec. Director & Legal Counsel
Ogden Reinvestment Corporation (ORC)- CDFI
2036 Lincoln Ave, Suite 105
Ogden, UT 84401
Office ph: 801-452-8701
Cell ph: 801-390-2542