Add Yahoo as a preferred source to see more of our stories on Google. "Family Food Delivery - stock photo Over the shoulder view of a mature woman delivering a box full of fresh vegetables to an ...
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 continues to eye the community ...
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 administered by the Community Development Financial ...
On October 23, more than 100 Republican members of Congress penned a bicameral letter to the Treasury secretary and the director of the Office of Management and Budget (OMB), reaffirming support for ...
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. Processing Content ...
The Fund’s potential dissolution could dismantle a 30-year infrastructure of capital access for small businesses and community finance institutions across the country. For more than three decades, the ...
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Trump administration begins to abolish CDFI Fund during government shutdown amid other layoffs
The Trump administration is moving forward with a reduction in force at the Treasury Department's Community Development Financial Institutions (CDFI) Fund during the ongoing government shutdown. The ...
Revitalizing American communities and industries has been a core priority for the Trump administration. Congress and federal agencies are pursuing policies aimed at increasing financial resilience and ...
The deal to reopen the federal government earlier this month reversed the mass firings of thousands of federal workers. Among those who got their jobs back are the entire staff at the Community ...
Axing the federal agencies could lessen Black businesses' ability to access capital and grow revenues. The Community Development Financial Institutions Fund (CDFI Fund) has invested over $8 billion ...
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