The President’s Budget Delivers a Devastating Blow to Economic Development

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 Institutions (CDFI) Fund, cutting $210 million and eliminating support for […]

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Has your organization signed the CDFI Fund Appropriations letter?

As you know, the CDFI Fund appropriations are in need of strong congressional support for both Fiscal Year (FY) 2017 and 2018. Reports on the Trump Administration’s “skinny budget” would “all, but eliminate” the CDFI Fund. While nothing is confirmed, the CDFI Coalition is working to demonstrate the importance of these programs to communities nationwide. With that in mind, we are asking organizations, businesses and […]

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2017 CDFI Institute Wrap-Up and Appropriations Update

Last week, the 23rd Community Development Financial Institutions (CDFI) Institute was held in our nation’s capital. The event, hosted by the CDFI Coalition, drew nearly 200 attendees, including community development stakeholders from around the nation. Congressman French Hill (R-AR), CDFI Fund Director Annie Donovan, Senior Treasury Department staff and panels of CDFI experts participated in the Institute. CDFI Fund Director Annie Donovan gave remarks at […]

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