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CDFI caught in flurry of executive orders and means less money for women-owned, veteran-owned, low-income and minority-owned ...
The CDFI Fund, a division of the Department of Treasury, provides financing to CDFIs that in turn use these monies to offer technical assistance and finance loans. “Over the past decade ...
The credit union’s presence in those far-flung communities is possible because of the federal Community Development Financial Institutions Fund, or CDFI Fund, under the Treasury Department.
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 ...
A letter co-authored by Sens. Mike Crapo (R-ID) and Mark Warner (D-VA), among others to Treasury Secretary Scott Bessent reaffirmed their support for the CDFI Fund, referencing its positive ...
the Community Development Financial Institutions Fund. This bipartisan program provides capital for local credit unions and banks to help develop lower-income communities. Trump’s directive ...
While CDFI funding is always crucial, these grants are being made available at a time when the future of the CDFI Fund, a key federal funding source for these organizations, has become clouded with ...
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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 ...
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 ...
Without the federal support of the Community Development Financial Institutions Fund, Ohio’s nonprofit Economic and Community Development Institute (ECDI) and other CDFIs like it simply wouldn’t have ...
“I tasted their food, and I loved their cooking,” she said. Trump’s executive order called on Treasury to cut back CDFI Fund operations, but provided no details. Sen. Mark Warner, D-Va ...