On July 13, the House Appropriations Committee approved the Financial Services and General Government (FSGG) fiscal year (FY) 2018 Appropriations bill. The bill reduces the CDFI Fund’s budget from FY17 funding level of $248 million to $190 million, a decrease of 23 percent. The bill continues the CDFI Bond Guarantee Program (BGP) with $500 million in guarantee authority.

On June 12, the House Appropriations Financial Services and General Government (FSGG) Subcommittee held a hearing, during which U.S.

Next week will be a busy one in our nation’s capital as the White House releases the full FY18 budget proposal and administration officials testify before Congress about the budget proposal. Below is a recap of what to watch for next week.

Tuesday, May 23

Ahead of the FSGG request for comment on the FY18 Budget deadline on March 29, 71 members of the U.S.

This week Chris Myers, Co-Founder and CEO of Bode Tree wrote an op-ed for Forbes regarding the recent budget proposal for FY18 by the Trump Administration. Here is an excerpt, "