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CDFI Seeks to Restrict Lending to Minority Borrowers

The CDFI Fund has proposed new regulations that would undo much of the progress the Biden Administration has made in expanding access to capital for Black, Hispanic, and minority borrowers. Learn more.

United statesJodie harrisDeposit insurance corporationHousing financial authorityTrump administrationBiden administrationConsumer financial protection bureauAppointee in biden administration seeks to restrictDepartment of the treasuryOffice of the comptrollerBiden administration seeksFederal deposit insurance corporationFederal housing financial authorityPresident bidenCommunity development financial institutionProposed rule

The future of the CDFI program

Some people might say that the Community Development Financial Institutions program is in a state of transition. Others might call it turmoil. Or even

Jodie harrisTreasury departmentPayday alternative loan programCommunity development financial institutionsTarget marketDirector jodie harrisAnnual certificationData collection reportsLow income designation

Treasury Announces $5 Billion in NMTC Awards

Treasury Announces $5 Billion in NMTC Awards
housingfinance.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from housingfinance.com Daily Mail and Mail on Sunday newspapers.

District of columbiaUnited statesJodie harrisMassachusetts housing investment corpCorporation for supportive housingGulf coast housing partnershipHousing partnership networkTreasury department community development financial institutions fundCommunity buildersTreasury departmentCommunity development financial institutions fundNew markets tax creditCinnaire new marketsSupportive housingMarkets partnersLocal initiatives support corp

Treasury Announces $5 Billion in New Markets Tax Credit Awards to Revitalize Low-Income and Distressed Communities

BALTIMORE, MD – Treasurer of the United States Chief Lynn Malerba, joined by U.S. Senators Benjamin L. Cardin and Chris Van Hollen, U.S. Representative Kweisi Mfume, and Community Development Financial Institutions Fund (CDFI Fund) Director Jodie Harris, today announced more than $5 billion in New Markets Tax Credit (NMTC) awards nationwide.

United statesDistrict of columbiaJodie harrisLynn malerbaBenjaminl cardinChris van hollenCommunity development entitiesTreasury departmentProgram award resourcesCommunity development entities cdesCommunity development financial institutions fundTax credit programSpur investmentEconomic growthRural communitiesUnited states chief lynn malerba

Treasury Announces $5 Billion in New Markets Tax Credit Awards to Revitalize Low-Income and Distressed Communities

Treasury Announces $5 Billion in New Markets Tax Credit Awards to Revitalize Low-Income and Distressed Communities
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United statesDistrict of columbiaJodie harrisLynn malerbaBenjaminl cardinChris van hollenHealthy food financing initiativeAssistance programRapid response programCommunity development entities cdesCommunity development financial institutions programTax credit programCommunity development entitiesCommunity development financial institutions fundProgram award resourcesCounseling pilot program