US EditionPublished • loading... • Updated
Michigan lenders brace for fallout as CDFI Fund layoffs halt support
Summary by crainsgrandrapids.com
2 Articles
2 Articles
Amid the federal government shutdown, President Donald Trump's administration began laying off staff from the Community Development Financial Institutions Fund (CDFI Fund), a program that benefits more than 80 cooperatives on the island.
Michigan lenders brace for fallout as CDFI Fund layoffs halt support
The future of a key funding mechanism for real estate development and small business lending remains in question as the Trump administration fired its entire 100-person staff. Russell Vought, the director of the Office of Management and Budget, issued so-called “RIFs,” or reduction-in-force notices, terminating all staff members of the Community... Please login to read all 1014 words.
·Grand Rapids, United States
Read Full ArticleCoverage Details
Total News Sources2
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
Factuality
To view factuality data please Upgrade to Premium
