Information on local community development financial institutions.

A Local Law to amend the administrative code of the city of New York, in relation to information on local community development financial institutions

The proposed bill requires the department of small business services to provide information related to local community development financial institutions (CDFIs) via the one-stop-shop online portal established by Local Law 94 of 2022. Such information shall include a directory of participating local CDFIs and a description of each CDFI’s mission statement, operating locations, and the services and types of loans offered.