CDFI Fund Support Letter from Republican Legislators to Treasury, OMB

More than 100 Republican members of the U.S. Senate and House signed this October 23, 2025, letter to Treasury Secretary Scott Bessent and Office of Management and Budget Director Russell Vought urging the Trump Administration to maintain and fully execute the statutory responsibilities of the Community Development Financial Institutions (CDFI) Fund, emphasizing its critical role in driving economic opportunity, supporting small businesses, and increasing affordable housing, particularly in rural, tribal, and underserved communities. The letter highlights the significant federal investments made through the CDFI Fund and stresses the importance of continuing its programs, which are vital to housing production and affordability efforts.