CDBA Letter to CDFI Fund Requesting Extensions and Program Adjustments in Response to COVID-19 Crisis - March 30, 2020

CDBA CEO Jeannine Jacokes wrote to Jodie Harris, Director of the Community Development Financial Institutions (CDFI) Fund, requesting that the CDFI Fund undertake considerable relief measures to support CDFIs as they face unprecedented challenges through the course of the COVID-19 health and economic crisis. The letter's requests include: extending deadlines without adverse consequence for CDFI banks submitting reporting and performance requirements, extending application deadlines, and allowing extended use periods and flexibility in how awarded funds are used.

Monday, March 30, 2020
Press Release: