The Treasury Department’s Community Development Financial Institutions Fund today announced $18 million in funding for the 2015 Bank Enterprise Awards, which encourage banks to increase their investments and loans in disadvantaged communities. The BEA program is the only program to which CDFI banks have had regular access in recent years. The first deadline in the application process for BEA funds is June 15.
Pending home sales fell in December
Pending home sales in December dropped 9.3% from the prior month and 3% year over year, according to the National Association of Realtors. There were 1.18 million homes on the market.









