WASHINGTON -- Community First Inc., a newly formed nonprofit firm, said it is working to establish a community development financial institution to serve poor and moderate-income neighborhoods in the District of Columbia.

The community development institution will target distressed neighborhoods in the city by offering products that include small business, commercial development, and home loans, as well as "affordable" consumer products.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.