Connecting Big Banking to Community Investment
February 2016
It may come as a surprise to many that the Federal Home Loan Bank (FHLB) system is one of the largest and oldest government-sponsored enterprises devoted to housing. For decades large financial institutions have been the primary intermediary between the FHLB and individual mortgage holders. This Next City article examines how Capital Impact is among a select group of Community Development Financial Institutions leading the way in working with the FHLB to kick start lending on a massive scale in communities where it is needed most.
