The Department of the Treasury has released a report on 2023 Qualified and Deep Impact Lending of community financial institutions (CDFI and MDI banks and credit unions) participating in the ECIP. Per Treasury:

"In approximately 18 months, ECIP participants originated a total of $58.3 billion in loans, of which more than one third was to the most underserved borrowers. Approximately three quarters, or $43.0 billion, of these originations was Qualified Lending. More than one third of these total originations, or $20.6 billion, was Deep Impact Lending to the most underserved borrowers."

Read the report below.