Jul 24, 2019
As urban areas across the country grow and change, community
development financial institutions like Metro Bank in Louisville,
Ky., are meeting the unique needs of these evolving neighborhoods.
On the latest episode, Pedro Bryant—president and CEO of Metro
Bank, Kentucky’s only bank designated as a CDFI—discusses:
- How Metro Bank employs New Markets Tax Credits to finance
significant projects in its target Louisville and Jefferson County
- Metro Bank’s customized loans to churches, which provide
critical funds to grow facilities and programs at organizations
uniquely situated to support community revitalization.
- Key underwriting factors bankers should consider when lending
to houses of worship.
- The need for bankers to participate in the policymaking process
to encourage growth and economic development, especially in rural
areas and small towns.