WASHINGTON—America’s Credit Unions, in collaboration with Inclusiv and more than 200 credit union organizations, sent a letter to Senators and Treasury Department officials urging them to work together to ensure that the CDFI Fund obligates and deploys all Congressionally appropriated FY2025 CDFI funding in advance of Sept. 30, 2025.
The letter comes after President Trump’s FY26 Discretionary Budget Request disclosed an intent to withhold more than $200 million in Congressionally appropriated funds for the CDFI Fund for FY25.
America’s Credit Unions said it continues to urge Congress and the Treasury Department to keep the CDFI Fund active and appropriately funded through FY26.