On February 26, four CDFI leaders from around the United States met at the Rayburn House Office Building in Washington, D.C., to give testimony before the House Appropriations Subcommittee on Financial Services and General Government (FSGG) at its first hearing ever on the CDFI Fund entitled “
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.
With leadership elections for the incoming 116th Congress nearly complete–with the exception of Rep.