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Posts Tagged ‘Bill Bynum’

CDFIs can be ‘game changers’ here, Hope Enterprise CEO says (access required)

by Ted Carter Published: March 27,2011

Tags: Bill Bynum, Community Development Financial Institution Fund

The acronyms can be a bit dizzying but the Treasury Department’s Community Development Financial Institution Fund, or CDFI, and its off-shoots are having an increasing impact in Mississippi. The initiatives the CDFI sponsors have opened the door to leveraging tens of millions of dollars for investment in the state’s economically distressed localities. Mississippi had 10 [...] [...]

There are options for those with poor credit (access required)

by Ted Carter Published: October 17,2010

Tags: Ben Sones, Bill Bynum, Community Bank, Craig Landrum, Freddie Bagley, Troubled Asset Relief Program

Mississippi businesses and consumers who struggle to gain credit can turn to nearly a dozen lenders in the state that have received more than $250 million in low-cost capital from the Treasury Department under the Troubled Asset Relief Program, or TARP. Mississippi’s financial institutions led the nation in total funding from TARP’s Community Development Capital [...] [...]

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