WASHINGTON – The Senate Appropriations Committee has split with the House on the level of funding for the Community Development Financial Institutions Fund, but made appropriations for the Community Development Revolving Loan Fund and the Central Liquidity Facility in line with the House bill.

The Transportation, Treasury, Housing and Urban Development, and the Judiciary appropriations bill included $55 million for the CDFI. The House had set its appropriation at $40 million, while the White House wants to cut the fund and shift it under a program in the Commerce Department, which credit unions have opposed.

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