Post by Bob Rapoza, founder and president of Rapoza Associates in Washington, D.C., and spokesperson for the CDFI Coalition. While campaigning for President in late summer 1992, then-Governor Bill Clinton made a campaign stop at South Shore Bank in Chicago, Illinois. It was here, at the nation’s first community development bank, that Clinton shared his vision […]
Tag: CDFI Fund Appropriations
The President’s Budget Delivers a Devastating Blow to Economic Development
President Trump released his Fiscal Year (FY) 2018 budget today entitled, “America First: A Budget Blueprint to Make America Great Again.” The plan, as was reported a few weeks ago, makes deep cuts or eliminates many programs serving economically distressed rural communities and urban neighborhoods. The proposal would all but eliminate Treasury’s Community Development Financial […]