Filling the Lending Vacuum
As credit tightens and higher and higher numbers of commercial real estate loans enter default, CDCs are stepping up to fill the financing gap in economic development deals from which conventional lenders have been retreating.
By Marcus Weiss Posted on July 25, 2011
- Impact Seven
- Impact Services
- February 2010 Oversight Report: Commercial Real Estate Losses and the Risk to Financial Stability, Congressional Oversight Panel, Feb. 2010.
- Does CRA Small Business Lend- ing Increase Employment? An Examination on a County Level, National Community Reinvestment Coalition, July 2010.
- Small Business: Access to Capital and Job Creation, by Robert Jay Dilger and Oscar R. Gonzales, Congressional Research Service, Feb. 2010.