CDFI Fund Recognizes Renaissance's Community Impact and Clients
Renaissance is proud to be featured in this month's CDFI FUND IMPACT BLOG: New York CDFI Delivers Pandemic Relief to Family-Owned Businesses. The article includes data on the economic effects and impact of Community Development Financial Institutions (CDFIs) on distressed and underserved communities during the pandemic.
“The pandemic exposed for everyone to see the importance of small businesses in underserved communities, as well as the challenges in helping these businesses access capital, especially in times of crisis,” said Thomas Yu, Executive Director of Asian Americans for Equality. We were proud to work with the CDFI Fund and other federal government agencies to make sure our affiliate, Renaissance, was in position to help immigrant small businesses survive. And we’re looking forward to continuing to partner with the CDFI Fund to provide equitable small business funding to our under-resourced communities.”
Renaissance is an affiliate of Asian Americans for Equality (AAFE)
Read the full article at CDFI Fund