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Community Development Finance 'needs a boost'
By Paul Jump, Third Sector Online, 22 June 2007
Patchy and short-term Government funding and policy is stunting the development of Community Development Finance Institutions and putting their future in doubt, according to a survey by think tank the New Economics Foundation.
The survey of more than half the CDFIs in the UK also looked at banks, policy-makers and funders. It found that support from the financial sector had been inconsistent and often limited. Seventy-two per cent of CDFIs said they were unable to access funding that would support increased outreach. The...
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