vasiloff at cdfi.org
02-13-2003, 02:36 PM
The US Congress is poised to vote on an omnibus funding bill for Fiscal Year (FY) 2003 later today or tomorrow.* $75 million for the CDFI Fund for the fiscal year already 4 months underway (FY 2003) is included in this legislation.
This funding level represents a compromise between the House committee-passed level of $80 million and the Senate committee-passed level of $73 million.* The FY 2003 funding level of $75 million is a $5 million drop from the FY 2002 funding level of $80 million.
The CDFI Coalition is urging Congress to restore funding to the CDFI Fund to at least $80 million in Fiscal Year 2004.* Please visit our website www.cdfi.org (http://www.cdfi.org) to learn more and TAKE ACTION to tell your Senators and Representative about the importance of the CDFI Fund to low-wealth communities.*
Sign up to join the CDFI Coalition’s Action Network (www.capwiz.com/cdfi/mlm/ (http://www.capwiz.com/cdfi/mlm/)) to receive regular updates on the CDFI Fund.*
Jennifer A. Vasiloff
Coalition of Community Development Financial Institutions
1601 N. Kent Street, Suite 803
Arlington, VA 22209
703-894-0475 voice
703-841-7748 fax
*Visit the CDFI Coalition's re-vamped website at www.cdfi.org (http://www.cdfi.org/) and sign up to join the CDFI Coalition's Action Network!
*
The Coalition of Community Development Financial Institutions is the lead national organization in the United States promoting the work of community development financial institutions. CDFIs bring capital, credit and financial services to low-wealth communities across the nation. The CDFI Coalition coordinates industry wide initiatives and conducts a variety of public education programs to introduce key audiences to the valuable work performed daily by CDFIs.
This post transferred from the cdb-l mailing list
This funding level represents a compromise between the House committee-passed level of $80 million and the Senate committee-passed level of $73 million.* The FY 2003 funding level of $75 million is a $5 million drop from the FY 2002 funding level of $80 million.
The CDFI Coalition is urging Congress to restore funding to the CDFI Fund to at least $80 million in Fiscal Year 2004.* Please visit our website www.cdfi.org (http://www.cdfi.org) to learn more and TAKE ACTION to tell your Senators and Representative about the importance of the CDFI Fund to low-wealth communities.*
Sign up to join the CDFI Coalition’s Action Network (www.capwiz.com/cdfi/mlm/ (http://www.capwiz.com/cdfi/mlm/)) to receive regular updates on the CDFI Fund.*
Jennifer A. Vasiloff
Coalition of Community Development Financial Institutions
1601 N. Kent Street, Suite 803
Arlington, VA 22209
703-894-0475 voice
703-841-7748 fax
*Visit the CDFI Coalition's re-vamped website at www.cdfi.org (http://www.cdfi.org/) and sign up to join the CDFI Coalition's Action Network!
*
The Coalition of Community Development Financial Institutions is the lead national organization in the United States promoting the work of community development financial institutions. CDFIs bring capital, credit and financial services to low-wealth communities across the nation. The CDFI Coalition coordinates industry wide initiatives and conducts a variety of public education programs to introduce key audiences to the valuable work performed daily by CDFIs.
This post transferred from the cdb-l mailing list