The Community Development Bankers Association and Inclusiv, the national trade associations for the CDFI bank and credit union sectors, respectively, sent a letter to the U.S. Senate Committee on Banking, Housing, and Urban Affairs last week signalling their strong support for the Jobs and Neighborhood Investment Act (S. 4255). The bill redirects $17.9 billion of $500 billion in funding already appropriated by Congress under the CARES Act for the U.S. Treasury to support emergency economic relief to CDFIs and MDIs.