PCDC Joins California CDFIs in Calling for $1 Billion in Federal Appropriations

Categories: Investment, Policy
PCDC joins the California Coalition for Community Investment (CCCI) – a coalition of almost 40 community development financial institutions that invest across the Golden State – in calling for a $1 billion appropriation for the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) in the next federal COVID-19 stimulus package. The …

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How CDFIs Can Support Community Health Now

Categories: Investment, PCDC News, Policy
Even in the best of times, access to health care and basic financial services is essential to creating more equitable communities.      In underserved and underinvested areas — where financial resources are already limited — crises such as COVID-19 pose added threat to health and financial well-being.   Below are ways that Community Development Financial Institutions …

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PCDC: Community Reinvestment Act Changes Can Undermine Community Health Investments

Categories: Investment, Policy
Community Reinvestment Act
PCDC recently submitted comments to federal officials on proposed revisions to the Community Reinvestment Act (CRA), the federal law that requires banks to meet the credit needs of surrounding communities, particularly low- and moderate-income neighborhoods. “The Community Reinvestment Act enables us to finance and enhance primary care and other vital health services in underserved communities,” …

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‘Creating the System We Know We Need’: Primary Care Summit Recap

Categories: Events, PCDC News, Policy
“COVID-19 has strained our health care resources,” PCDC CEO Louise Cohen [below] said at the Primary Care Summit. “It’s stretched our provider community and shined a bright light on the U.S. health care system — both its strengths and weaknesses.” Cohen’s comments framed a larger discussion on health care spending, an issue brought into stark …

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PCDC Testimony: Protect Primary Care Investments in New York State

Categories: Policy
Primary care funding must be protected and grown — particularly integrated primary and behavioral health care efforts, PCDC will assert before the New York State Legislature today. The testimony highlights measures to expand primary care investment statewide, which would ultimately cut health care delivery costs and lead to better management and prevention of chronic diseases. …

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