Jason Battista, president of the Mercy Loan Fund, makes the case for the Community Development Financial Institutions (CDFI) Fund, which looks to be hard hit when the Trump administration unveils its budget.
If we “all but eliminate” the Fund, we “all but eliminate” countless opportunities for people living in poverty, writes Battista.
Without the Fund, CDFIs across the country will lose a valuable source of funding. Communities nationwide will lose the affordable homes CDFIs provide, the jobs they create, and the businesses they help flourish.
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