WASHINGTON, Feb. 26 -- Sen. Steve Daines issued the following press release:
U.S. Senators Steve Daines (R-Mont.) and Mark Warner (D-Va.) today introduced the bipartisan "Access to Fair Financing for Opportunity and Resilient Development (AFFORD) Act." The AFFORD Act will provide added transparency over CDFI Fund operations and strengthen its role in improving capital access and economic development in rural, tribal, and other underserved communities in Montana, Virginia, and across the country. Additionally, the bill would extend and enhance the CDFI Bond Guarantee Program to enable participation by smaller CDFIs, reauthorizes the CDFI liquidity enhancement program to increase CDFI lending capacity and reach more communities, and bolsters...