WASHINGTON, June 30 -- Sen. Cindy Hyde-Smith issued the following news release:
U.S. Senator Cindy Hyde-Smith (R-Miss.) today expressed hope that Community Development Financial Institutions (CDFI (https://www.hydesmith.senate.gov/sites/default/files/2026-06/060826%20Letter%20to%20OMB%20re.%20BEA%20and%20SDL.pdf)) banks in Mississippi will be able to successfully apply for federal grant and loan funding following months-long delays by the Office of Management and Budget (OMB) in releasing key application details.
The OMB on Tuesday released Notices of Funding Availability (NOFAs) and Bank Enterprise Award (BEA) Program and the Small Dollar Loan (SDL) Program application materials following the receipt of an early June letter (https://www....