On April 27, Treasury announced that it has initiated a review of certified Community Development Financial Institutions ...

The Treasury Department opened a review of potential abuses by community banks, credit unions, and other lenders that receive ...

Community investing involves financial products designed to uplift economically disadvantaged areas, offering resources and ...

Bessent Orders CDFI Probe, Defends Cuts ...

The US Environmental Protection Agency breached a $400 million Greenhouse Gas Reduction Fund grant in early 2025 by ...

Treasury Secretary Scott Bessent on Wednesday defended cuts to the Community Development Financial Institution Fund in the ...

Akron and Canton-area credit unions recently joined others across the state to defend federal funding for community-based ...

WASHINGTON — All 11 Community Development Financial Institutions Fund programs are required by law, the Treasury Department outlined to the Office of Management and Budget, according to a document ...

Add Yahoo as a preferred source to see more of our stories on Google. "Family Food Delivery - stock photo Over the shoulder view of a mature woman delivering a box full of fresh vegetables to an ...

LAKE FOREST, Calif., Feb. 12, 2025 /PRNewswire/ -- Clearinghouse Community Development Financial Institution (Clearinghouse CDFI) proudly announces the full repayment of its $28 million Third Private ...

WASHINGTON — Funding for a key program that helps banks do community-focused lending is idling, and shows little sign of being deployed, as the Trump administration continues to eye the community ...

A community development financial institution (CDFI) is a private-sector company that seeks to provide economic assistance to underserved communities by offering financial services, loans, and ...