ACU Urges Senate To Add CDFI Transparency Amendment To Housing Bill
By CU Today Staff —
WASHINGTON--As the Senate considers the 21st Century Renewing Opportunity in the American Dream (ROAD) to Housing Act, America’s Credit Unions Senior Vice President of Advocacy Greg Mesack wrote to Senate leaders to urge the adoption of an amendment to improve Community Development Financial Institution (CDFI) Fund transparency.
The amendment would add the America’s Credit Unions’ backed Access to Fair Financing for Opportunity and Resilient Development (AFFORD) Act to the bill. The AFFORD Act was introduced by a bipartisan group of 30 senators last month, and includes:
The Senate is still considering amendments to the 21st Century ROAD to Housing Act, with a a final floor vote likely this week or next. ACU noted.
Originally reported by CU Today.