Senator Mark Warner Champions CDFIs in Senate Confirmation Hearings

This week, Senator Mark Warner (D-VA) took the opportunity during the confirmation hearings for the Secretaries of Treasury and Housing and Urban Development to repeatedly uplift the role and many positive impacts that community development financial institutions (CDFIs) make across the country, particularly in low-income and rural communities.

Protecting Approved Purchased/Referred Care Program Patients from Improper Bills

The Consumer Financial Protection Bureau (CFPB) and the Indian Health Service (IHS) remind you of your responsibilities to protect IHS-approved purchased/referred care (PRC) program patients from improper bills and collection on improper bills under the Indian Health Care Improvement Act (IHCIA), the Fair Debt Collection Practices Act (FDCPA), and the Fair Credit Reporting Act (FCRA).

$10 Billion will Become Available in the Upcoming New Market Tax Credit Program Allocation Round

As previously announced, the next round of the New Markets Tax Credit Program (NMTC Program) will make $10 billion in Allocation Authority available, and the round will span calendar years (CYs) 2024 and 2025. The CDFI Fund is tentatively planning to open the CY 2024-2025 NMTC Program Allocation Application round this fall.