WASHINGTON, March 10 -- Sen. Mike Crapo issued the following news release:
U.S. Senator Mike Crapo (R-Idaho), co-chair of the Community Development Finance (CDF) Caucus, joined Senators Steve Daines (R-Montana) and Mark Warner (D-Virginia), also co-chair of the CDF Caucus, to introduce the bipartisan Access to Fair Financing for Opportunity and Resilient Development (AFFORD) Act. The AFFORD Act would provide added transparency over Community Development Financial Institutions (CDFI) Fund operations and strengthen its role in improving capital access and economic development in rural, tribal and other underserved communities in Idaho and across the country.
The bill would also extend and enhance the CDFI Bond Guarantee Program to enable pa...