Our preliminary analysis of the president’s FY 2018 Skinny Budget suggests a cut of $4.31 billion or nearly 37 percent to community and regional development outlays (subfunctions 451 and 452 in the federal budget). Most noteworthy, the proposal would eliminate the Economic Development Administration, cut $210 million from the CDFI Fund by eliminating all grant

The two maps below show how CDFI coverage has grown over the past decade, particularly in rural areas. CDFI program award recipients, loans and investments, 2004-2009 CDFI program award recipients, loans and investments, 2010-2004