National Urban League's Urban Empowerment Fund Certified as CDFI
NEW YORK (March 14, 2022) – The U.S. Department of Treasury has certified the National Urban League’s small business lending subsidiary, The Urban Empowerment Fund, as a Community Development Financial Institution (CDFI), bolstering its ability to deliver vital capital to minority-owned small businesses in urban communities. As part of the transition, Oseremi H. Adekoye, former Assistant Director of the National Development Council, has joined the Fund as Vice President of Lending.