Action Needed on FY 2016 CDFI Fund Appropriations

ACTION NEEDED ON FY 2016 APPROPRIATIONS As part of the annual budget and appropriations process, Members of Congress are given an opportunity to submit requests to the Appropriations Committee on behalf of specific federal program(s) or agency they support and would like to see funded at a specific level in the next fiscal year. Members […]

CDFI 20th Anniversary Report

20th Anniversary Report highlights CDFI Coalition’s Record of Achievement CDFIs Provided Financing to Over 6,500 businesses and Created 35,000 Jobs in 2013 Washington, D.C.— 2014 marks the 20th anniversary of the first Community Development Financial Institutions (CDFI) Institute, which will be held in our nation’s capital today and tomorrow. The event, hosted by the CDFI […]

CDFI Fund Announces Opening of FY 2014 Round of FA and TA Programs

The CDFI Fund today announced the opening of its FY 2014 funding round for Financial Assistance (FA) and Technical Assistance Awards. While Congress has not yet finalized work on the FY 2014 budget including appropriations for the CDFI Fund, the Notice of Funds Availability (NOFA) released today is based on the President’s FY 2014 Budget […]

Senate Financial Services & General Government Appropriations Subcommittee Marks-Up FY 2014 Bill with $230 Million for CDFI Fund

The Senate’s Appropriations Subcommittee on Financial Services and General Government met this morning to mark-up the FY 2014 Financial Services and General Government Appropriations Bill. The bill approved by the Subcommittee includes $230 million for the CDFI Fund, which is $5.4 million more than requested by the President and $9.4 million above the CDFI Fund’s […]

Strong Senate Support for the President’s FY ‘14 CDFI Fund Budget Request

Senator Robert Menendez (D-NJ) and eighteen of his Senate colleagues signed a letter to the Senate Financial Services and General Government Appropriations Committee today asking that $224.9 be provided for the CDFI Fund in the Fiscal 2014 Appropriations bill. The letter was submitted to the Appropriations Committee today with the following Senators signed on: Menendez […]