The House Appropriations Subcommittee on Financial Services and General Government announced a FY-2012 spending bill this week that includes $183 million for the CDFI Fund, with $12 million set aside for the Native American CDFI initiative and $22.9 million set aside for administration. This funding level is $44 million below current funding and the President’s budget request. The bill will be marked up and considered by the full Appropriations Committee next week.
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