Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
CDFI to review its 15 year-old authorizing statute
WASHINGTON (3/3/10)--As it enters its fifteenth year of existence, the U.S. Treasury’s Community Development Financial Institutions (CDFI) Fund is “undertaking a holistic review” of its “entire authorizing statute,” and has asked the public to comment on its operations. The CDFI Fund is inviting “potential CDFI applicants, community development trade groups and members of the general public” to comment on the CDFU, with a specific request for input on the CDFI Fund’s “Financial and Technical Assistance awards, the Native American CDFI Assistance awards, the Bank Enterprise Awards, and CDFI certification, among other areas.” In the release, CDFI Fund Director Donna Gambrell encouraged the public “to provide detailed comments that will be used to formulate future policy and legislative proposals that will increase our support to CDFIs.” The comments, which will aid the CDFI Fund as it examines whether any “technical corrections, substantive changes, or new provisions” should be added to its authorizing statute, must be made by April 1. The CDFI Fund said it is also planning to gather additional commentary through a series of “national listening sessions” that will be held in economically distressed communities. For the full release, use the resource link.
Other Resources

RSS print
News Now LiveWire
HFSC Chairman @RepHensarling announces subcommittee chairs for #114th Congress: http://t.co/FGnvnogI7n
1 hours ago
Don't Mullet Over: Check out @ECCU1's meme-rable campaign that brought in $8M in loans #NewsNow http://t.co/vNh2q01gcg
3 hours ago
#FOMC minutes show committee members debated erasing 'considerable time' from forward guidance #NewsNow #Market http://t.co/Gw0bEIFCe2
5 hours ago
NCUA votes 2 to 1 to approve 2015 budget: McWatters is dissenting vote.
7 hours ago
.@TheNCUA bd mmber McWatters at #NCUAbdmeeting invited specific, detailed comments on budget/budgetary process to be sent directly to him.
7 hours ago