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The coronavirus pandemic and the renewed focus on systemic economic inequality in our country are bringing new attention and support to community-based nonprofit lenders.Community development financial institutions, or CDFIs, focus on rural, low-income and minority communities.Around 300 CDFIs made more than billion in Paycheck Protection Program loans to help small businesses, many of which had been left out previously.By comparison, JPMorgan Chase, which is nine times the size of the entire CDFI industry, made only four times the amount of PPP loans.“Many CDFIs we are in many ways like small businesses, we didn't come into this situation strong in terms of our capital,” said Luz Urrutia, CEO of Opportunity Fund. “Now more than ever, during the rebuilding, we've got to have the balance sheet strength because we are supporting these low-income communities, small businesses and communities of color.”Opportunity Fund is one of those CDFIs. It's been raising millions of dollars since March, specifically to help minority, immigrant and women-owned businesses.Serena Williams and MacKenzie Scott have both donated recently. But there are questions about how long all the support these nonprofit lenders have been getting will last.“What I would say for the minority-owned businesses right now, timing is perfect and when timing is perfect, you need to strike while the iron is hot,” said Maurice Brewster, CEO of Mosaic Global Transportation. “And right now, there's a lot of support, a lot of ground swelling with dealing with small and minority-owned businesses.”Maurice Brewster’s business received loan payment deferral from Opportunity Fund during the pandemic. His advice for other minority-owned businesses: if you can, have a relationship with a lender way before you need the money.He says education is also going to be key for minority-owned businesses going forward.That financial coaching is something opportunity fund is pushing for too, along with more money from congress to support CDFIs. 2026

The Department of Justice said Monday that an NYPD officer had been arrested and charged with allegedly acting as an "illegal agent" for the Chinese government.In a statement released Monday, the DOJ said that in addition to illegal agent charges, 33-year-old Baimadajie Angwang has also been charged with committing wire fraud, making false statements and obstructing an official proceeding.The DOJ alleges that Angwang was providing information about Chinese citizens in the New York area to the government of the People's Republic of China. He was also allegedly "developing intelligence sources within the Tibetan community."According to Scripps station WPIX in New York, Angwang is a Tibetan native and resident of Long Island. He worked in the NYPD's 111th precinct in Queens and was also employed by the U.S. Army Reserve as a staff sergeant.Angwang initially arrived in the U.S. on a cultural exchange visa. Once that visa was renewed, he overstayed the length and later claimed asylum "on the basis that he had allegedly been arrested and tortured" in China due to his Tibetan heritage.A complaint alleges that Angwang has worked under the control of the Chinese government since 2014. He allegedly told his Chinese government handler that he wanted to be promoted within the NYPD "so that he could assist the PRC and bring 'glory to China.'""As alleged in this federal complaint, Baimadajie Angwang violated every oath he took in this country. One to the United States, another to the U.S. Army, and a third to this Police Department," NYPD Commissioner Dermot Shea said. "From the earliest stages of this investigation, the NYPD's Intelligence and Internal Affairs bureaus worked closely with the FBI's Counterintelligence Division to make sure this individual would be brought to justice.""The defendant allegedly violated the trust of his community and the New York City Police Department on behalf of a foreign power, the People's Republic of China. This type of conduct simply cannot be tolerated," said Alan E. Kohler, Jr., Assistant Director of the FBI's Counterintelligence Division. "This case serves as yet another reminder that China represents the biggest counterintelligence threat to the United States and that the FBI and our partners will be aggressive in investigating and stopping such activities within our nation."If convicted, Angwang faces a maximum of 55 years in prison. 2412

The government is looking into getting rid of Transportation Security Administration (TSA) security at dozens of smaller airports across the country.According to reports, the TSA is considering getting rid of security screenings at more than 150 small and medium-sized airports that operate commercial flights, with no more than 60 passengers.The TSA estimates the move would save 5 million, which could then be used to enhance security at busier, larger airports. 475

The Dalai Lama has a new fan. And so does Aaron Rodgers. Each other.The Green Bay Packers' all-world quarterback is on a world trip taking him to India, where he met the Tibetan buddhist leader and gave him an NFL football and a Green Bay Packers hat.Rodgers and his beloved, Danica Patrick, are traveling to India to help with the Starkey Hearing Foundation, according to the Green Bay Press-Gazette. They will be giving hearing aids to some people who may be hearing for the first time.Rodgers has undergone a long spiritual journey beyond his time as a quarterback with the Packers. He often expressed his Christian faith during his rookie year in 2005, won the Bart Starr award which reflects on that belief. Yet he talked in 2016 about his spirituality, not necessarily believing God has one team he roots for over another, and the specifics of his purpose on earth. 879

The Centers for Disease Control and Prevention (CDC) has issued its first guidelines for celebrating Halloween amid the COVID-19 pandemic.The CDC has listed a number of ways to celebrate the holiday and categorized them as low, moderate or high-risk activities."High risk" Halloween activities:Traditional trick-or-treatingCrowded indoor costume partiesIndoor haunted housesHayrides or tractor rides with people not in a family or who don't live together"Moderate risk" Halloween activities:One-way trick-or-treating, with bags lined up for families outdoors, and social distance maintainedCostume parties outdoors where people can remain six feet apartOpen-air, one-way, walk-through haunted forest visitsVisiting pumpkin patches or going apple picking, while maintaining social distancing, wearing masks, and using hand sanitizer"Low-risk" Halloween activities:Carving and decorating pumpkins with the family or members of a householdDecorating a house, apartment or living spaceHaving a virtual Halloween costume contestHaving a family or household Halloween movie nightFor a look at the full guidelines, visit the CDC website here.This story was originally published by Katie Morse on WKBW in Buffalo, New York. 1223