Posts Tagged: CDFI

Small business loans in jeopardy

A man runs his bicycle-repair shop business with his laptop computer. (Photo: Mintimages, via Shutterstock).

by LUZ URRUTIA posted 06.18.2018

OPINION: Politicians often praise small business owners for their role in our economy and in our society– and rightly so. After all, small businesses employ nearly half of all Californians, provide vital goods and services, and help create vibrant communities. Right now, our representatives in Sacramento have an opportunity to demonstrate that belief by supporting legislation that will help small business owners across the state.

COIN: Building economic clout to fight neighborhood poverty

A view of a densely populated area of the eastern San Fernando Valley near Los Angeles. (Photo: Trekandshoot, Shutterstock)

by Ellis Carr and Scott Sporte posted 06.06.2017

OPINION: According to the U.S. Census Bureau’s report The Supplemental Poverty Measure: 2015, nearly eight million people in California were living in poverty in 2015. The report indicated that the state’s poverty rate was 20.6 percent—well above the national rate of 15.1 percent—and surpassed the rates of every other state in the nation.