Senate draft bill budgets $324M for CDFI Fund
The Senate Appropriations Committee has released a draft spending bill that allocates $324 million for the CDFI Fund in fiscal ...
Tag: CDFI
Trump administration rescinds CDFI Fund staff layoffs
The Trump administration has rescinded reduction-in-force notices sent to the employees of the CDFI Fund during the government shutdown.
ABA, associations welcome deal to end government shutdown
Proposed deal also would reverse the Trump administration's decision to lay off more than 4,000 federal employees, including at the ...
House Democrats express ‘deep concern’ about cuts at CDFI Fund
The CDFI Fund and the institutions it serves are “an essential and vital source of capital and financial services to ...
Republican lawmakers urge Trump officials to preserve CDFI Fund
More than 100 Republican lawmakers have signed a letter requesting the Trump administration continue to carry out the statutory obligations ...
Fed’s Barr: CDFIs help local economies grow
Federal Reserve Governor Michael Barr praised the work of community development financial institutions and the CDFI Fund, saying it is ...
ABA, associations urge Trump administration to retain CDFI Fund staff, funding
It is important that the CDFI Fund maintain appropriate staff and funding to continue its mission, ABA and five banking ...
Lawmakers defend CDFI Fund after staff layoffs
In related news, a federal judge issued a temporary restraining order preventing the Trump administration from firing more than 4,000 ...
Report: Trump administration to lay off CDFI Fund staff
The Trump administration will lay off CDFI Fund staff in December as part of a series of federal workforce reductions ...
CDFI Fund revises climate, race considerations in application process
The Treasury Department issued a revised application process for the CDFI Fund that removes climate-focused financing and amends race-based considerations ...
