The Treasury Department's Community Development FinancialInstitutions Fund is one of the government operations awaitingword on whether or how much this year's programs might have beencut in the latest budget compromise.
|In the past few years, the CDFI fund has become a significantsource of support for community development financial institutions,both banks and credit unions. A record number of CDCUs have beenrecognized as CDFIs since January of last year, according to theNational Federation of CommunityDevelopment Credit Unions.
|A spokesman for the fund says it expects to receive word aboutwhat has happened to its federal funding for this year within 24 hours.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
