An American flag flies outside the Capitol building in Washington, D.C. An American flag flies outside the Capitol building in Washington, D.C., U.S. Photographer: Al Drago/Bloomberg

In a 220-207 vote on the floor of the U.S. House of Representatives, a package of six fiscal year 2023 federal funding bills passed to move on to the appropriations process. Included in the package were funding levels for the Community Development Financial Institutions (CDFI) Fund and the Community Development Revolving Loan Fund (CDRLF).

The portion most important to credit unions was the 2023 Financial Services and General Government funding, which included:

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Michael Ogden

Editor-in-Chief for CU Times.

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