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President Donald Trump earlier this month issued an executive order eliminating the "non-statutory" parts of a number of federal programs, including the CDFI Fund. The move set off worry within the ...
While the CDFI Fund has enjoyed bipartisan support since it was established in 1994, its future has become clouded following its targeting by one of the latest executive orders to come out of the ...
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 ...
The lawmakers in a letter sent Monday to Bessent, Waters and other HFSC Democratic lawmakers highlighted contradictions between the Trump administration's March 14 executive order from President ...
As the Trump administration’s budget-cutting activity continues, the Treasury Department has moved to protect the Community Development Financial Institutions Fund (CDFI), a financial program ...
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Trump’s order to gut community-building program ‘existential threat’ to Minnesota lendersDULUTH – Machine parts made on the Iron Range ... to halt spending on the Community Development Financial Institutions (CDFI) Fund, which for three decades has helped catalyze small businesses ...
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 ...
CDFI, which was launched 1994, provides funds to rural areas underserved by big banks. These communities are traditionally in lower-income areas of the country. Pravina Raghavan, director of the ...
The report was in response to a March 2025 executive order aimed at eliminating non-statutory components of various federal initiatives, including the CDFI Fund. The order is a part of a broader ...
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, ...
The CDFI fund supports a number of community-supporting institutions and projects, including affordable housing, small business and others, and there are more than 1,400 Community Development ...
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