ABA, associations urge lawmakers to bolster funding for CDFI Fund
ABA joined the Community Development Bankers Association, National Bankers Association and two other associations in urging members of the House ...
Tag: CDFI
CDFI Fund received $1.55B in funding requests in 2024
A total of 948 organizations from across the U.S. requested a combined level of approximately $1.55 billion in awards from ...
White House requests $325M for CDFI Fund
The Biden administration is requesting $325 million for the Community Development Financial Institutions Fund in its proposed budget for fiscal ...
Raghavan begins tenure as CDFI Fund director
The Community Development Financial Institutions Fund announced that Pravina Raghavan has started her tenure as director of the program.
CDFI Fund seeks comments on New Markets Tax Credit allocation application
The CDFI Fund and Treasury Department announced they are soliciting public comments concerning the New Markets Tax Credit program’s allocation ...
CDFI Fund unveils new application process
The Community Development Financial Institutions Fund today released a “considerably revised” process for an organization to apply to become a ...
Senators propose CDFI tax credit
A bipartisan group of senators introduced an ABA-backed bill to create a community development financial institutions tax credit for private ...
ABA, trade groups urge increase in CDFI fund appropriations
The trade groups asked for $500 million for the CDFI Fund, which includes a $50 million allocation for the Bank ...
ABA: Proposed CDFI certification application updates could have unintended consequences
ABA supports the proposed changes' goals, but said without refinement they would have unintended consequences, particularly in rural areas.
