cdfi

The House Financial Services Committee passed the America’s Credit Unions-supported CDFI Fund Transparency Act (H.R. 3161) Thursday by a voice vote. The bipartisan bill would require Congressional testimony on the Treasury’s Community Development Financial Institutions (CDFI) Fund’s operations and activities. “Increased transparency into the CDFI Fund would ensure all entities – both the government and …

House Financial Services Committee passes CDFI transparency bill Read More »

America’s Credit Unions President/CEO Jim Nussle wrote in strong support of the Community Development Financial Institution (CDFI) Fund Transparency Act (H.R. 3161) prior to its scheduled markup by the House Financial Services Committee. The bipartisan bill would require Congressional testimony on the Treasury’s CDFI Fund’s operations and activities, and was introduced by Reps. John Rose, …

CDFI transparency bill will ensure fund continues to fulfill mission Read More »

The Federal Housing Finance Agency (FHFA) will host a Federal Home Loan Bank (FHLBank) and Community Development Financial Institution (CDFI) Symposium in Washington, D.C., on June 20. The symposium follows a recommendation in FHFA’s ​​​FHLBank report released in November, which calls for increased FHLBank engagement with mission-oriented members. It will feature representatives from both CDFIs …

FHFA to host June 20 FHLBank, CDFI Symposium Read More »

The Treasury’s Community Development Financial Institutions (CDFI) Fund and Office of Civil Rights and Equal Employment Opportunity (OCRE) will conduct a live webinar to assist organizations in understanding the requirements of the CDFI Fund’s Title VI Compliance Worksheet. Registration is now open for the webinar, scheduled for March 21 at 10 a.m. Eastern. Specifically, it …

CDFI Fund to conduct webinar on Title VI compliance worksheet Read More »

America’s Credit Unions President/CEO Jim Nussle congratulated new Community Development Financial Institutions (CDFI) Fund Director Pravina Raghavan, adding that credit unions look forward to working with the fund toward their shared goal of supporting underserved communities. There are more than 500 certified CDFI credit unions, representing more than 35% of CDFIs nationwide but originating 77.1% …

Nussle: Credit unions look forward to working alongside new CDFI Fund director Read More »

Credit unions were front and center as Rep. Zach Nunn, R-Iowa, announced on Monday that he plans to introduce the Rural Credit Access Act (H.R. 7338) to increase accountability and transparency in the Treasury’s Community Development Financial Institutions (CDFI) Fund with Rep. Don Davis, D-N.C. Nunn made Monday’s announcement at Veridian Credit Union’s Des Moines …

Rep. Nunn praises credit unions, announces CDFI Fund oversight bill Read More »

The Community Development Financial Institutions (CDFI) Fund postponed its webinar to help organizations understand the requirements of its revised CDFI Certification Application to Feb. 8. It was originally scheduled for tomorrow. The webinar will start at 1:30 p.m. Eastern Feb. 8 and will discuss updates to the Application FAQs, review new materials, and allow participants …

CDFI Fund application webinar postponed to Feb. 8 Read More »