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 ...
Tag: CDFI
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 ...
ABA: Proposed reporting changes could harm CDFI Fund mission
A proposal to require CDFI Fund recipients to report certain supervisory violations risks blurring the separation between regulatory oversight and ...
Fed survey: CDFIs planning for growth despite uncertainty
Many CDFIs are planning to expand in the near future despite resource challenges and uncertainty about government policy, according to ...
ABA Foundation launches guide for nonprofits on forming bank partnerships
The American Bankers Association Foundation released a new resource for nonprofit organizations on how to establish and maintain bank partnerships.
Douglas named acting director of CDFI Fund
The Treasury Department named Dietrich Douglas as acting director of the CDFI Fund following the resignation of Director Pravina Raghavan.
