Better Banking

Tell Congress: Save the Community Development Financial Institutions Fund

The Trump administration is trying to eliminate the Community Development Financial Institutions (CDFI) Fund, threatening a 30-year bipartisan program that supports mission-driven lenders in underserved communities.

What's at stake?

The CDFI Fund awarded over $400 million last year in grants and loans to community lenders serving rural, tribal, and economically disadvantaged areas where traditional banks won't operate. Without it, entrepreneurs and families in these communities will lose access to crucial capital for small businesses, mortgages, and economic development.

The Fund is a smart and targeted federal program that leverages a small amount of government spending to attract private investments in communities that need it most. Every $1 awarded through the CDFI Fund unlocks $8 in additional capital.

Small businesses and affordable housing developments nationwide will lose momentum without the Fund, and rural communities and tribal lands will be hit particularly hard. At the same time, without the Fund the CDFI industry’s move into green financing will take a hit. That’s why the Fund has been supported by Members of Congress from both parties for decades.

Your members of Congress need to hear from you.

Please take action to send a message to your Senators and Representative today to ensure they act to save the CDFI Fund.