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Administration's Latest Budget Funds Community Development Financial Institutions Fund

The Bush Administration has broken with its prior policy and has sought an appropriation for the U.S. Treasury Department's Community Development Financial Institutions Fund. In previous years the Administration has sought to eliminate the program, but in the budget for fiscal year 2008 the administration sought $29 million for the...

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WASHINGTON — The Bush Administration has broken with its prior policy and has sought an appropriation for the U.S. Treasury Department’s Community Development Financial Institutions Fund. In previous years the Administration has sought to eliminate the program, but in the budget for fiscal year 2008 the administration sought $29 million for the Fund.

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