Paul Anderson

Pathway Lending’s Hank Helton Elected Chair of CDFI Coalition

Pathway Lending’s Hank Helton Elected Chair of CDFI Coalition

Hank Helton, EVP and Chief Stakeholder Officer of Pathway Lending, Tennessee’s largest non-depository Community Development Financial Institution headquartered in Nashville, Tenn., was elected Chair of the Board of Directors of the CDFI Coalition during its March 15th meeting in Washington, DC.

Senate Letter on Fiscal Year 2024 Appropriations

Senate Letter on Fiscal Year 2024 Appropriations

Today, Senator Robert Menendez (D-NJ) released a draft letter to the Appropriations Committee in support of CDFI Fund Fiscal Year 2024 (FY 24) Appropriations. Sen. Menendez, a long-time supporter, is inviting other Senators to sign his letter. The letter endorses the administration budget request of $341 million for the CDFI Fund. The closing date for […]

Bipartisan Group of Senators Introduce Tax Credit for CDFIs

Bipartisan Group of Senators Introduce Tax Credit for CDFIs

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 […]

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