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Community First Fund named FHLBank Pittsburgh’s Diversity, Equity and Inclusion Membership Award Recipient

June 13th, 2023

LANCASTER, PA – Community First Fund has been selected as the recipient of the 2023 Federal Home Loan Bank of Pittsburgh’s (FHLBank) Diversity, Equity and Inclusion Membership Award.  Community First Fund will be recognized at FHLBank’s member event in Philadelphia on June 26.

The award celebrates FHLBank member financial institutions that have implemented or supported impactful, innovative diversity, equity and inclusion (DEI) initiatives or programs in their communities.  Being selected for this award also serves to inform and inspire other financial institutions to enhance their commitments to DEI work in their communities.

FHLBank selected Community First Fund for its community impact across eastern Pennsylvania through its Economic Justice Fund Program.  Community First Fund is committed to creating inclusive and vibrant communities that increases economic prosperity for everyone.  Its Economic Justice Fund Program, created in 2020, reflects Community First Fund’s mission and commitment to serving People of Color, women, immigrants, and low-income individuals and communities.

The Economic Justice Fund Program coupled with Community First Fund’s technical assistance programs closes the opportunity gap for small business owners and entrepreneurs to start, grow, and expand their businesses, create jobs, advance economic mobility and increase financial stability in their community.  The program supports minority business owners whose business serve and are located in a disadvantaged community.

Community First Fund is grateful for the recognition from FHLBank and is committed to advancing its work uplifting diversity while building wealth and financial equity.

About Community First Fund

Community First Fund is a private, independent non-profit Community Development Financial Institution (CDFI) whose mission is to provide capital in places where it is not usually available. We seek to create positive change in the community by providing entrepreneurs, commercial real estate and affordable housing developers as well as nonprofits with access to loans for projects that generate jobs, create housing opportunities, essential community facilities, and that help to revitalize communities. www.communityfirstfund.org.

About FHLBank Pittsburgh

FHLBank Pittsburgh provides reliable funding and liquidity to its member financial institutions, which include commercial and savings banks, community development financial institutions, credit unions and insurance companies in Delaware, Pennsylvania and West Virginia. FHLBank products and resources help support community lending, housing and economic development. As one of 11 Federal Home Loan Banks established by Congress, FHLBank has been an integral and reliable part of the financial system since 1932. Learn more by visiting www.fhlb-pgh.com.

You can read FHLBank Pittsburgh’s announcement here.