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#1
11-03-2011, 08:18 AM
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Anyone use CDBG guarantees for CDFI?
Original message from: shawn@ogdenreinvestment.org
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. Thanks, Shawn Beus 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 shawn@ogdenreinvestment.org www.ogdenreinvestment.org 
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