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Knoxville Business News Tennessee Mountain Scenery Background
October 08, 2020 | Tom Ballard

Two TN organizations receive small portion of latest awards from national CDFI Fund

Two Tennessee-based organizations were among 357 recipients of more than $204 million in FY 2020 funding from the Community Development Financial Institutions (CDFI) Fund.

Southeast Community Capital Corporation in Nashville, dba as Pathway Lending, received $657,000, while Independent Southern Banckshares Inc. in Brownsville received $750,000.

The program invests in and builds the capacity of CDFIs to serve low-income people and communities lacking adequate access to affordable financial products and services. This year’s recipients came from 45 states, the District of Columbia, and Puerto Rico.

To see the complete list, click here.

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