Administration proposes a 63% cut to the CDFI Fund for FY27, reducing funding from $324M to $119.5M and limiting capacity.

WASHINGTON — Funding for a key program that helps banks do community-focused lending is idling, and shows little sign of being deployed, as the Trump administration continues to eye the community ...

On March 21, the U.S. Department of the Treasury submitted a report to the Office of Management and Budget affirming that all 11 programs administered by the Community Development Financial ...

Bessent Orders CDFI Probe, Defends Cuts ...

LAKE FOREST, Calif., March 23, 2026 /PRNewswire/ -- Clearinghouse Community Development Financial Institution (Clearinghouse CDFI) announced the full repayment of its first $100 million bond issued ...

WASHINGTON — All 11 Community Development Financial Institutions Fund programs are required by law, the Treasury Department outlined to the Office of Management and Budget, according to a document ...

Jordan Eizenga and James Hairston call for the swift implementation of the new CDFI Bond Guarantee program, which expands the capacity of Community Development Financial Institutions to meet the needs ...

FDIC-insured depository institutions seeking CRA credit opportunities may be eligible to apply for funding to further impact the distressed communities they serve. On March 31, 2023, the Department of ...

The MarketWatch News Department was not involved in the creation of this content. Bond issued through the U.S. Department of the Treasury's CDFI Bond Guarantee Program LAKE FOREST, Calif., March 23, ...

Bond issued through the U.S. Department of the Treasury's CDFI Bond Guarantee Program LAKE FOREST, Calif., March 23, 2026 /PRNewswire/ -- Clearinghouse Community Development Financial Institution ...