Congress Approves $295 Million for the CDFI Fund
On March 11, just hours before the government funding deadline set in the last continuing resolution, Congress passed the Fiscal Year (FY) 2022 omnibus…
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Tag: Congress
Congress Passes Third Short-Term Funding Bill through March 11
On February 18, President Biden signed another short-term continuing resolution to fund the federal government through March 11. This is the third continuing…
Policymakers Highlight Impact of CDFIs and MDIs in Small Business Lending During House Financial Services Hearing
On February 17, the House Committee on Financial Services Subcommittee on Consumer Protection and Financial Institutions held a hearing entitled, “Small Businesses,…
CDFI Leaders Testify on Industry’s Impact in Underserved Communities at Senate Banking Hearing
On February 9, the Senate Banking, Housing, and Urban Affairs Committee’s Subcommittee on Housing, Transportation, and Community Development held a hearing entitled,…
Bipartisan Persistent Poverty Bill Introduced in Congress
On February 1, the bipartisan Targeting Resources to Communities in Need Act of 2022 was introduced in both the House and Senate. The bill,…
CDFI Leaders Testify at Senate Banking Hearing
On January 5, the Senate Banking, Housing and Urban Affairs Committee’s Subcommittee on Housing, Transportation, and Community Development held a hearing entitled,…
President Biden Releases Infrastructure Plan
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…
President Biden Signs Bill Extending PPP to May 31
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…
Lisa Mensah Testifies Before Senate Small Business and Entrepreneurship Committee
On March 17, the U.S. Senate Committee on Small Business & Entrepreneurship held a hearing entitled “The Paycheck Protection Program: Performance, Impact,…