Reliance on a credit score for lending decisions locks too many out of the market for accessing affordable capital.
That’s why we don’t rely on credit scores, especially for our black and brown applicants, who are unjustly ‘redlined’ by the current credit scoring system. Read this article to learn more about why the current system penalizes many residents of color and how these residents typically pay more of their hard-earned income operating in the ‘unbanked’ system (sadly, as the map in the article shows: of all states east of the Mississippi River, only Mississippi has a higher % of unbanked residents than Connecticut). Read on
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July 9, 2024
The Board of Directors of the Hartford Community Loan Fund (HCLF) has announced the selection of the organization’s new Chief Executive Officer. Michael B. Haynes,
March 20, 2024
The founding CEO of Hartford Community Loan Fund (HCLF) has announced plans to leave the organization later in 2024, as soon as HCLF’s Board has identified the organization’s next CEO
February 8, 2023
HCLF’s CEO Rex Fowler recently sat down for an interview with the National Community Reinvestment Coalition to discuss the role banks can play in working more collaboratively with CDFIs to create a more equitable and inclusive platform for capital investments across the US.