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Staffed by just 100 federal workers, the CDFI Fund is one of the best deals in government — it funds local financial institutions that have financed thousands of small businesses and 45,000 housing units. Many rural. But it's on the chopping block.

Apr 15, 2025, 12:12 PM

Record data

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    "text": "Staffed by just 100 federal workers, the CDFI Fund  is one of the best deals in government  — it funds  local financial institutions that have financed thousands of small businesses and 45,000 housing units. Many rural. But it's on the chopping block.",
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      "external": {
        "uri": "https://www.bloomberg.com/news/articles/2025-04-07/trump-order-on-cdfi-fund-puts-small-businesses-and-affordable-housing-at-risk",
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        "title": "Trump Order on CDFI Fund Risks Aid for Small Businesses, Housing",
        "description": "Credit unions, banks and nonprofits are alarmed by an executive order targeting Community Development Financial Institutions, which support projects in low-income areas."
      }
    },
    "createdAt": "2025-04-15T12:12:20.901Z"
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