Steven Sugarman

Steven Sugarman

Steven Sugarman is the founder and president of the Capital Corps., a California-based Community Development Financial Institution. Previously, he founded and served as chairman and CEO of the Banc of California.

ARTICLES

  • [Pulse] Washington needs to rescue community lenders it created

    Why strengthening the CDFI program will help solve the mortgage and credit challenges facing underserved communities
    Two decades ago, policymakers created Community Development Financial Institutions, or CDFIs, to bring lending to underserved communities. Now, steps must be taken to strengthen the CDFI program as a critical step to solve the mortgage and credit challenges facing this demographic. Here’s what needs to be done, and why taking action should be a no-brainer.
    Read More