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As of May 5, the only lenders still authorized to process Paycheck Protection Program (PPP) applications until the May 31 deadline are CDFIs,…

With the release of President Biden’s initial budget proposal last month and the expected release of the full budget document next week,…

On May 18, the House Small Business Subcommittee on Economic Growth, Tax, and Capital Access held a hearing entitled, “Examining the Role…

After nearly three years of ongoing advocacy, the CDFI industry received a major policy win when the Office of the Comptroller of…

On April 20, the Senate Banking, Housing, and Urban Affairs Committee held a hearing entitled, “An Economy that Works For Everyone: Investing…

The CDFI Fund has opened the first funding round for the Small Dollar Loan Program (SDL Program). SDL Program funding is intended…

On April 9, President Biden released his long-awaited budget proposal outlining his administration’s federal spending priorities for fiscal year (FY) 2022. The…

Last week President Biden laid out the framework for his $2.25 trillion infrastructure plan. The American Jobs Plan touches on a number of CDFI…

On March 30, President Biden signed the Paycheck Protection Program (PPP) Extension Act which extends the program to May 31 from the original application deadline of March…