CUNA wrote to House and Senate appropriators Tuesday to push for full funding of the Treasury’s CDFI Fund for fiscal year 2018. CUNA, league and credit union advocacy efforts helped restore funding for FY17.

With President Donald Trump's signature of H.R. 244, the government will be funded through Sept. 30. With the signature comes increased support for the CDFI Fund-a priority for CUNA and credit union stakeholders.

With just over 2 weeks remaining until government funding expires, the Federation of Community Developing Credit Unions is pushing for full funding of the CDFI Fund by highlighting positive things accomplished with CDFI funds.

Seventy-one members of Congress wrote to House appropriations leaders this week requesting the CDFI Fund receive its full $250 million in fiscal year 2017. CUNA sent its own letters to House and Senate appropriators this week, calling for full funding.

The National Federation of Community Development Credit Unions will host a webinar to explain the latest changes to the community development financial institution application process.

The NCUA released a supervisory letter Tuesday establishing a framework for examination and supervision of certified Community Development Financial Institutions. The letter contains guidance that applies to all CDFI-certified credit unions, including what examiners will look for.

WASHINGTON (3/15/16)--The U.S. Treasury’s Community Development Financial Institutions Fund continues to move forward with its Framework for the Future, a strategic road map for the fund.