The City Council is stepping up pressure on the Los Angeles Community Development Bank, giving officials two months to craft a comprehensive plan to create jobs for residents of low-income ...

The Los Angeles Community Development Bank, created after the 1992 riots to fund businesses in depressed areas of L.A., has 18 months to become self-sufficient or it will be shut down, the City ...

The Los Angeles Times recently ran yet another article about the failure of the L.A. Community Development Bank to meet its goal of creating a viable financial institution that could help fuel job ...

A community development bank in Arkadelphia, Ark., that raised nearly $35 million could be a model for a growing number of similar banks scrounging for capital to meet the needs of consumers and small ...

Sindy Spivak is senior vice president, executive for Bank of America’s Community Development Bank, overseeing the financing of affordable housing deals in the West. Based in Los Angeles, she leads a ...