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 ...

Bessent Orders CDFI Probe, Defends Cuts ...

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 ...

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 ...

As part of a $498 million bond issuance round from the U.S. Department of Treasury, New Jersey Community Capital (NJCC) will receive a $33 million bond loan. The funding comes under the CDFI Bond ...

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 ...

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 ...