President Trump Releases Detailed FY 2026 Budget Proposal; Treasury Budget Eliminates NACA Program

Over the weekend, most federal agencies released detailed FY 2026 budget justifications pursuant to the basic parameters President Trump included in his Discretionary Budget Request overview in early May. As expected, the U.S. Department of the Treasury’s Congressional Justification features a 90% reduction in funding for the CDFI Fund from its FY 2025 funding level of $324 million to just $33 million for FY 2026.

NCN Delivers Letter to Congress Urging Protection of NACA Program Funding in the FY 2026 Appropriations Process

Today, the Native CDFI Network (NCN) and 66 Native CDFIs and other key partners delivered a powerful message to Capitol Hill, calling on Congress to reject the proposed defunding of the Native American CDFI Assistance (NACA) Program in President Trump’s FY 2026 Discretionary Budget Request.

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