Trump Order on CDFI Fund Risks Aid for Small Businesses, Housing Credit unions, banks and nonprofits are alarmed by an executive order targeting Community Development Financial Institutions, which support projects in low-income areas.

A CRA for California would allow for greater access to capital to CDFIs, organizations that fund affordable housing and small businesses across the state. #CACRA #AB801 www.bloomberg.com/news/article...

Asm. Bonta Introduces AB 801, the California Community Reinvestment Act | Rise Economy

" #AB801 not only holds financial institutions accountable, it will also drive billions of dollars into areas that need it most, creating jobs, expanding affordable housing, supporting homeownership and fostering economic equity.” - @paugonzalez510.bsky.social rise-economy.org/assemblymemb... #CACRA