On February 7, the House Small Business Subcommittee on Economic Growth, Tax, and Capital Access held a hearing to examine the challenges faced by women, minority, veteran, and rural entrepreneurs entitled
Despite a challenging outlook for the FY 2020 budget and appropriations process, the 116th Congress brings opportunity to introduce CDFIs to newly elected Members of Congress and new leadership on key committees. In both the House and Senate, new leadership and members resulted in changes in the composition of committees of jurisdiction over issues impacting the CDFI industry, in particular CDFI Fund appropriations and the New Markets Tax Credit program.
More than three weeks after the hotly contested 2018 midterm elections, the 116th Congress, its leadership, and committee membership are starting to take shape and one thing is quite clear: the House and Senate will look quite different in January 2019.