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Treasury launches review of certified Community Development Financial Institutions

May 1, 2026

On April 27, Treasury announced that it has initiated a review of certified Community Development Financial Institutions (CDFIs) to identify potential violations of applicable law or CDFI requirements and to ensure that CDFIs receiving federal assistance act as “proper stewards” of taxpayer funds. Treasury stated it is assessing whether CDFIs are complying with applicable legal requirements and the terms of CDFI Fund assistance agreements, and will take action where appropriate.