May 4, 2025

CDFIs

Funds

Trump budget suggests eliminating some CDFI funds

WASHINGTON — The White House’s proposed budget pitches eliminating Community Development Financial Institution Fund’s discretionary awards.  In President Donald Trump’s proposed budget, the White House said that past awards have “made race a determinant of access to loan programs to ‘advance racial equity,’ funded products and services that built so-called climate resiliency,’ and framed American

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