WASHINGTON – The Treasury Department's Community Development Financial Institution's Fund has announced that $45 million is available for CDFIs in its 2004 round of funding. Last year the fund made only $30 million available. As promised previously, the Fund has reinstated the Small and Emerging CDFI Assistance program, under which the majority of community development credit unions were assisted in the past. The Fund has scheduled information sessions meant to help CDFIs apply for the funds in Chicago, Dallas, Los Angeles and Washington, D.C.
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