On July 18, the House of Representatives voted in favor of three amendments aimed to increase the overall FY19 appropriation for the CDFI Fund to $223 million.
A voice vote was held, and all three amendments were accepted:
OFN joins the CDFI Coalition and the CDFI community to call on the House of Representative to restore funding for CDFI Fund programs. The House Appropriations Subcommittee on Financial Services and General Government (FSGG) passed its funding bill for Fiscal Year (FY) 2019, providing only $191 mi
This month, the retirement of longtime Senator and Appropriations Committee Chairman Thad Cochran (R-MS) resulted in a shuffling of subcommittee leadership.
The fiscal year (FY) 2019 appropriations process is completely underway.