ABA Banking Journal Hidden

Congress budgets $342M for CDFI Fund in 2026

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Operational Brief

The Community Development Institutions Fund will receive $324 million in 2026, maintaining current funding levels; no explicit mention of Texas or Texas-specific entities.

Why It Matters for Texas Credit Unions

The article does not explicitly mention Texas, TCUD, or any Texas-specific credit unions. The information pertains to a federal fund and applies nationwide.

Who this most likely affects

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Original Source Material

Lawmakers have agreed to budget $324 million for the Community Development Institutions Fund in fiscal year 2026, which would maintain the program’s funding at current levels, according to a conference report released by the Senate Appropriations Committee. The post Congress budgets $342M for CDFI Fund in 2026 appeared first on ABA Banking Journal .