Browsing: CDFI

WASHINGTON — The Office of Management and Budget has apportioned a fraction of the money Congress allotted to the Community Development Financial Institution Fund, documents show. OMB…

The Department of the Treasury has named a new director of the Community Development Financial Institutions Fund following the departure of former Director Pravina Raghavan and…

WASHINGTON — Funding for a key program that helps banks do community-focused lending is idling, and shows little sign of being deployed, as the Trump administration…

WASHINGTON — The White House’s proposed budget pitches eliminating Community Development Financial Institution Fund’s discretionary awards. In President Donald Trump’s proposed budget, the White House said that…

Enjoy complimentary access to top ideas and insights — selected by our editors. Facing bankers in April, industry moves include the continued deregulation of the Federal…

  Sen. Mark Warner, D-Va., left, and Sen. Mike Crapo, R-Idaho, co-chairs of the Community Development Financial Institution caucus. Bloomberg News WASHINGTON — A group of…

President Donald Trump issued an executive order Friday night scaling back the Community Development Financial Institutions Fund, a key Treasury Department program that supports underserved areas…