CDFI Coalition Letter to SBA and Treasury on PPP

The CDFI Coalition supports all efforts to ensure that resources available under Paycheck Protection Program and Health Care Enhancement Act are available to communities, businesses and people in greatest distress. If implemented, the recommendations contained in the letter signed by the Congressional Leaders will do just that. In particular, we support their recommendations to  SBA and Treasury to revise the interim regulations on Paycheck Protection to facilitate the greater participation of Community Development Financial Institutions (CDFIs) and the proposed $10 billion set aside PPP aimed minority-owned  and small businesses.