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WASHINGTON – Funding for two NCUA programs and Treasury’s Community Development Financial Institutions Fund received approval from a House Appropriations subcommittee on June 7.

The House Transportation-Treasury Appropriations Subcommittee, which includes independent agencies like NCUA, approved the requested $941,000 appropriation for the Community Development Revolving Loan Fund Program and $1.5 billion borrowing authority for the Central Liquidity Facility. The CDFI, also frequently tapped by credit unions, received a $40 million appropriation.

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