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News Archive

October 2010

October 25, 2010

General Assembly, Human Rights Council Texts Declaring Water, Sanitation Human Right

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October 15, 2010

RCAC Loan Fund receives $2 million Capital Magnet Award

U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund announced yesterday that it awarded RCAC a $2 million grant from the fund’s inaugural Capital Magnet Fund Program. CDFI received 230 applications and made awards to 23 organizations totaling $80 million.

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October 13, 2010

RCAC Loan Fund ends fiscal year on high note

In its fourth quarter ending September 30, RCAC lent more than $8.6 million to rural communities in California, Colorado, New Mexico and Utah to finance important community projects. RCAC ended its fiscal year with 39 closed loans totaling more than $30.6 million and leveraged $65 million to support affordable housing, environmental infrastructure and community facilities.

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October 8, 2010

Bill H.R. 6334 to amend the American Community Investment Reform Act of 1977 introduced in the House

The bill significantly expands CRA and includes a number of innovative provisions increasing public involvement and penalties for poor CRA performance.

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