Main Street Capital Access Act would extend CDFI bond guarantee program
A major bank policy bill passed by the House includes language to help smaller community development financial institutions and require ...
Tag: CDFI
ABA warns against increasing administrative burden for CDFI Fund awards
While ABA supports responsible stewardship of federal financial assistance, any changes to how that assistance is distributed should preserve the ...
CDFI Fund launches online Opportunity Zone nomination tool
The CDFI Fund has launched an online tool that state governors can use to nominate communities as qualified Opportunity Zones, ...
CDFI Fund announces 2026 funding opportunities
The CDFI Fund is seeking applicants for the 2026 funding round of the Bank Enterprise Award Program and the Small ...
Treasury begins review of CDFIs for alleged violations
The Treasury Department announced it has begun a review of certified community development financial institutions to identify potential legal violations ...
Bankers seek to communicate MDI value at D.C. summit
Representatives from minority depository institutions gathered in Washington, D.C, this week for the fifth annual MDI Partnership Summit, where they ...
Senators press Bessent on proposed CDFI Fund cuts
Treasury Secretary Scott Bessent faced questions from senators on both sides of the political aisle about the administration’s proposed budget ...
Senators seek at least $324M for CDFI Fund
Forty-three senators are asking their colleagues to set aside at least $324 million for the CDFI Fund and require those ...
Treasury issues new citizenship, anti-discrimination requirements for CDFI Fund awards
The Treasury Department proposed new rules to prevent CDFI Fund awards from being used to support individuals in the U.S. ...
Trump administration proposes slashing CDFI Fund budget
The Trump administration is once again seeking to shrink funding for the CDFI Fund and redirect the remaining monies to ...
