Community development financial institutions around the country have been roiled by the Trump administration’s March 14 executive order targeting the CDFI Fund for elimination “to the maximum extent ...

The Community Development Financial Institutions Fund (CDFI Fund) has invested over $8 billion through various monetary award programs, helping underserved people and communities. The Minority ...

CDFI Futures is a series exploring the community development finance industry through the lenses of equity, public policy and inclusive community development. There are more than a thousand ...

In fiscal 2024, the CDFI Fund awarded $789 million in grant funding to local lenders to make small-business loans. It also allocated $5 billion for the New Market Tax Credit Program and guaranteed ...

“The CDFI Fund is a lifeline for underserved populations to access capital & directly supports multiple Orange County credit unions that serve our community,” Rep. Young Kim (R-Calif.

The Community Development Financial Institutions Fund (CDFI Fund) boosts economic growth in largely underserved communities that lack traditional access to financing. The CDFI Fund creates a ...

WASHINGTON — LeeAnn Rasachak grew up in a family of immigrants, originally farmers from Laos. There was always a side hustle in her family, she said, or a small business that someone was passionate ...

Amid orders to reduce the Community Development Financial Institutions (CDFI) Fund as much as possible, Treasury Secretary Scott Bessent is doing what he can to preserve it, according to a ...

Late Friday night, March 14, President Donald Trump issued an executive order telling federal agencies to cut the Community Development Financial Institutions Fund (CDFI Fund) "to the maximum extent." ...

For this initiative, KeyBank’s philanthropic arm said that it intends to provide four-year, $200,000 grants to an “exemplary CDFI” in each of its 27 markets. Key’s physical footprint spans 15 states, ...

Sens. Mike Crapo, R-Idaho, and Mark Warner, D-Va., led the group. The pair are co-chairs of the CDFI caucus, and issued a statement in support of the fund shortly after the executive order was ...