House-Proposed FY26 CDFI Fund Appropriation Higher than President’s Budget Request, Decrease from Current Funding Level
Summary by Opportunity Finance Network
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House-Proposed FY26 CDFI Fund Appropriation Higher than President’s Budget Request, Decrease from Current Funding Level
While the House bill continues to fund CDFI Fund programs on par with the committee’s FY25 proposed appropriation, it remains below OFN’s FY26 goal of level funding at $324 million. Read time: 1 minute On July 20, the House Financial Services and General Government (FSGG) Subcommittee released its Fiscal Year 2026 appropriations bill, proposing a 7.9% cut from spending levels enacted in FY25. While the allocated $276.6 million for the CDFI Fund …
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