On June 16, Sens. Mark Warner (D-VA), Roger Wicker (R-MS), Chris Van Hollen (D-MD), and Cindy Hyde-Smith (R-MS) introduced the Community Development Investment Tax Credit Act of 2022. The purpose of the credit is to encourage long-term private sector investments in CDFI. In general, the bill provides a tax credit for investments and equity-like investments in […]
Month: June 2022
House Approps’ Draft FY23 FSGG Bill Provides $336.4M for CDFI Fund
The amount is $41 million higher than Fiscal Year 2022 and approximately $5 million above the budget request.