Finanta Received $10 Million Investment from the US Treasury
October 11th, 2017
Lancaster, PA (October 11, 2017) – Finanta, a nonprofit Community Development Financial Institution (CDFI) headquartered in Lancaster, PA, was recently awarded a $10 million investment from the U.S. Treasury Department’s Community Development Financial Institutions Fund (CDFI Fund). This investment is part of the CDFI Fund’s Bond Guarantee Program, which provides long-term, fixed-rate capital for projects in low-income communities throughout our nation. Finanta was one eight CDFIs to receive the investment through the Opportunity Finance Network, the leading national network of CDFIs.
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