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 ...
WASHINGTON — All 11 Community Development Financial Institutions Fund programs are required by law, the Treasury Department outlined to the Office of Management and Budget, according to a document ...
The Consumer Financial Protection Bureau is investigating several community lenders backed by a federal program the Trump ...
On March 14, President Trump issued an executive order (EO) titled “Continuing the Reduction of the Federal Bureaucracy,” which limits the Community Development Financial Institutions (CDFI) Fund to ...
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 ...
LAKE FOREST, Calif., March 23, 2026 /PRNewswire/ -- Clearinghouse Community Development Financial Institution (Clearinghouse CDFI) announced the full repayment of its first $100 million bond issued ...
WASHINGTON — LeeAnn Rasachak grew up in a family of immigrants, originally farmers from Laos. There was always a side hustle in her family, she said, or a small business that someone was passionate ...
Administration proposes a 63% cut to the CDFI Fund for FY27, reducing funding from $324M to $119.5M and limiting capacity.
People credit all sorts of things for Detroit’s remarkable recovery. There was the city’s successful spin through municipal bankruptcy in 2013-14, Mayor Mike Duggan’s three terms and the energetic ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
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 ...