As the 116th Congress draws to a close, House Small Business Committee Chairwoman Nydia Velazquez (D-NY) continues to advance legislation that would enhance lending opportunities for CDFIs.
The Treasury Department and SBA made an announcement on May 28 to set aside $10 billion of round two Paycheck Protection Program (PPP) funding exclusively for Community Development Financial...
On May 13, the House Small Business Subcommittee on Economic Growth, Tax, and Capital Access held a virtual forum for their members on the implementation of the Paycheck Protection Program (PPP).
Recently two reports on the Paycheck Protection Program (PPP) were released. In addition, a U.S. District Court in Michigan ruled that the SBA cannot limit which small businesses are eligible for the PPP: