One of the main challenges facing underserved communities is the lack of access to financial __________, which limits local businesses, homeownership, and overall community development.

• Capital

• Equity

• Debt

• Credit

A __________ __________ Financial Institution (CDFI) is a specialized organization that provides credit and financial services to underserved markets and populations.

• Community Finance
• Corporate Development
• Public Development
• Community Development

Community Development Credit Unions (CDCUs) are nonprofit cooperatives that serve low-income areas and are governed by a __________-elected board of directors.

• member
• corporate
• external
• government

Equity Capital refers to what?

• Long-term investments that give the investor an ownership stake in a business.

• Revenue generated from sales.
• Loans taken from financial institutions.
• Funds used for purchasing equipment.

__________ Development Accounts (IDAs) are matched savings accounts that help low-income individuals save money for important purchases like homes, education, or starting a business.

• Inclusive

• Independent

• Individual

• Industry

The __________ __________ Act (CRA) was designed to address discriminatory practices like redlining, encouraging banks to meet the credit needs of all the communities they serve, especially low-income areas.

• Community Renewal

• Community Reinvestment

• Community Revival

• Neighborhood Investment

Another source of external credit for specialized needs like worker-owned firms is the __________ __________ Bank, which provides funding to cooperatives and businesses owned by employees.

• Worker Cooperative

• Employee Ownership

• National Cooperative

• Community Investment

Debt Capital refers to what?

• Funds raised through equity financing.
• Cash reserves held by a company.
• Revenue generated from sales operations.
• Short-term loans that must be repaid with interest.

Who can pressure local credit institutions to invest more in their communities, often using the CRA as leverage?

• Community Development Credit Unions

• Large multinational banks
• Community Based Organizations

• Individual investors

What do Microenterprise loan funds do?

• Microenterprise loan funds only support non-profit organizations.

• Microenterprise loan funds provide grants to large corporations.
• Microenterprise loan funds are used to fund government projects.
• Provide capital to individuals or businesses that might not qualify for loans from traditional financial institutions.