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HUD, USDA, and Treasury Step Up Efforts in U.S. Border Communities

June 11, 2012 Print ShareThis

WASHINGTON – Today the U.S. Department of Housing and Urban Development (HUD), the U.S. Department of Agriculture – Rural Development (USDA-RD) and the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced a joint “Border Community Capital Initiative” (Border Initiative), a collaboration designed to increase access to capital in the U.S./Mexico border region which includes some of the poorest communities in the country. The announcement is part of a series of initiatives delivered through the White House Rural Council. The Council was launched by President Obama last August to help create jobs and expand opportunities in rural communities.  

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Tags: Press Releases RHED