The CDFI Fund boosts economic growth in largely underserved communities that lack traditional access to financing.

Credit unions, banks and nonprofits are alarmed by an executive order targeting Community Development Financial Institutions, ...

The Treasury Department told the OMB that all 11 programs in the CDFI Fund are statutorily mandated. The White House said "no final decisions have been made" about the programs.

On March 21, the U.S. Department of the Treasury submitted a report to the Office of Management and Budget affirming that all 11 programs ...

President Trump signed an executive order to shrink the CDFI Fund, a Treasury program that helps small businesses in underserved areas get financing. Capitol Hill, Main Street, and Wall Street are ...

With an astonishing return on investment, the Community Development Financial Institutions, or CDFI, Fund has unlocked billions in private capital in economically distressed urban, rural and Native ...

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 ...

The order also says the CDFI Fund and six other organizations are required to “reduce the performance of their statutory functions and associated personnel to the minimum presence and function ...

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 ...