Appalachian Community Capital reposted this
In a strong show of bipartisan support, Senate CDFI Caucus Co-Chairs Mike Crapo (R-ID) and Mark Warner (D-VA) lead a bipartisan letter—signed by 26 senators—urging the Office of Management and Budget (OMB) to ensure transparency and the timely release of FY25 CDFI Fund awards: “It’s imperative that congressionally-approved funds for the CDFI Fund are deployed strategically and in a timely manner. Delay in the obligation of funds hinders critical projects in our states and could constrain the flow of capital to businesses and consumers who need it the most.” OFN applauds Senators Crapo and Warner for their leadership, and to all the signatories for championing the communities we serve. These resources are essential to advancing economic opportunity in low-income, rural, and urban areas. Read the letter here:https://xmrrwallet.com/cmx.plnkd.in/eJXVAUxc