#cdfi-fund

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#community-lending #federal-layoffs #legal-challenge #federal-funding-freeze #small-business-lending
US politics
fromNon Profit News | Nonprofit Quarterly
2 weeks ago

CDFI Movement Responds to Latest Trump Threat - Non Profit News | Nonprofit Quarterly

The Trump administration sought to lay off 83 CDFI Fund staff, threatening community lending networks holding over $400 billion and prompting legal, congressional resistance.
fromThe Atlantic
2 months ago

Trump's War on DEI is Hurting Small Lenders in MAGA Country

When Dominique Thornhill tried to get a loan to launch a child-care center in 2020, every conventional bank she approached glanced at her thick business plan and slim finances, then turned her away. "I thought that's what small-business loans were supposed to support, but I didn't receive that support at all," the former Pittsburgh-public-school teacher told me. "Instead, it was Come back to us when you're already established."
US politics
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