WASHINGTON--The House voted 341-79 late Wednesday to move the Financial Services and General Government and National Security, Department of State, and Related Programs Appropriations Act, 2026 (H. 7006) forward, America's Credit Unions reported.
The bill funds both the Community Development Financial Institutions (CDFI) Fund and the Community Development Revolving Loan Fund (CDRLF) at the same amount in FY26 as FY25.
The CDFI Fund awards grants to assist affordable housing, homeownership, small business growth, and more through certified CDFIs. The NCUA administers the CDRLF, which provides grants to credit unions serving low-income communities to stimulate economic activities and operate more efficiently, ACU noted.
The Senate’s Financial Services and General Government bill contains $324 million for the CDFI Fund.
America’s Credit Unions noted it will continue to engage with House and Senate appropriators as bills are constructed to fund the federal government past Jan. 30.