A Treasury fund ignites community development — don't just abolish it
Revitalizing American communities and industries has been a core priority for the Trump administration. Congress and federal agencies are pursuing policies aimed at increasing financial resilience and spurring economic growth with this priority in mind, while also providing relief to millions of Americans and Main Streets across the country.
In my former role as president of America’s Credit Unions, I saw a program with a proven track record of success accomplish this goal. It is the Treasury’s Community Development Financial Institutions Fund, which provides federal grants for projects that drive business development, job creation, affordable housing and financial literacy.
Across the country, 1,400-plus institutions in this program provide more than $300 billion in financial services each year, serving communities that struggle with these issues, from rural and Native American communities to low-income neighborhoods across the country.
Unfortunately, as part of the ongoing government shutdown and resulting reduction-in-force plans, the entire staff of the fund........





















Toi Staff
Sabine Sterk
Gideon Levy
Penny S. Tee
Mark Travers Ph.d
Gilles Touboul
John Nosta
Daniel Orenstein