On June 3, the House Appropriations Financial Services and General Government (FSGG) Subcomittee approved its FY 2020 appropriations bill which included $300 million for the CDFI Fund, the h

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.