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Tag: cdfi

Daines, Warner, Colleagues Introduce Bill to Increase Economic Prosperity, Strengthen CDFI Fund

February 26, 2026

WASHINGTON, D.C. – 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 the role of Native CDFIs by expanding a

Daines Lauds Pay Raise for Military Personnel in Defense Authorization Bill

October 10, 2025

Daines’ Bill to Increase Economic Prosperity for Rural Businesses Also Passes Senate U.S. SENATE – U.S. Senator Steve Daines released the below statement after the Senate passed a military pay raise and his bill to increase economic prosperity for rural businesses as part of the National Defense Authorization Act for Fiscal Year 2026: “We owe our servicemen and women and their families a debt of gratitude that is impossible to repay, so the least we can do is give them a pay raise. In addition, my bill to increase economic prosperity for rural communities was included, which will have an enormous impact