House lawmakers propose trimming CDFI Fund
House lawmakers are proposing to reduce funding for the CDFI Fund below current levels, although not as drastically as recommended ...
Tag: Community development
Research finds finance industry leads in corporate social responsibility
Financial institutions are at the forefront in volunteering engagement at 22.2%, nearly a 50% increase from 2023.
Proposed Trump budget would redirect CDFI Fund awards
The proposed White House budget for the coming fiscal year would change the mission of the CDFI Fund, with the ...
House Democrats ask Treasury to exempt CDFI Fund from cuts
House Democrats are urging Treasury Secretary Scott Bessent to exempt the CDFI Fund from a recent executive order directing it ...
Senators reaffirm support for CDFI Fund amid concerns over cuts
Twenty-three senators from both parties have signed a joint letter expressing their support for the CDFI Fund after President Trump ...
Trump directs CDFI Fund to downsize operations
President Trump issued an executive order directing the CDFI Fund and other government programs to reduce their personnel and operations ...
ABA urges passage of New Markets Tax Credit extension
ABA expressed support for a bipartisan bill to permanently extend a tax credit created to attract private investment in distressed ...
DOGE recommends terminating CDFI Fund contracts
A team led by Elon Musk is recommending that the Treasury Department cancel hundreds of contracts funded through its Community ...
CDFI, MDI leaders join Mission Driven Bank Fund advisory committee
The Mission Driven Bank Fund announced the appointment of its inaugural Mission Advisory Committee, comprising seven industry leaders with expertise ...
New appointments made to CDFI Fund advisory board
President Biden appointed four new members to the Community Development Advisory Board, which advises the CDFI Fund on policies regarding ...
