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Community Development Federal Funding Trump Administration

Brownstein Hyatt Farber Schreck

CDFIs Under Threat in New Executive Order

On March 14, President Trump issued an executive order (EO) titled “Continuing the Reduction of the Federal Bureaucracy,” which limits the Community Development Financial Institutions (CDFI) Fund to the minimum statutory...more

Foley & Lardner LLP

President Trump Signs Executive Order Promoting Opportunity Zones

Foley & Lardner LLP on

President Trump signed an executive order yesterday that allotted additional federal resources toward the Opportunity Zone program. Specifically, the Order establishes the White House Opportunity and Revitalization Council,...more

Pillsbury Winthrop Shaw Pittman LLP

Impacts of the Omnibus Spending Plan on the Affordable Housing Industry

Trump’s Omnibus Spending Plan adopts two key provisions from the proposed Affordable Housing Credit Improvement Act that will strengthen and expand low-income housing credit. 2018 spending plan increases housing credit...more

Ballard Spahr LLP

Trump Administration Releases FY 2019 Budget Proposing 18.3% Reduction in HUD Funding

Ballard Spahr LLP on

This week, the Trump administration released its proposed budget for the 2019 fiscal year. Overall, the budget proposes an $8.8 billion (18.3%) reduction in the HUD budget from the 2017 enacted level, a more drastic cut than...more

Best Best & Krieger LLP

Local Government in the Crosshairs

While Washington’s promise of a trillion dollar infrastructure program is providing a distraction, a closer examination reveals localities and local infrastructure are under attack across the board. The assault on local...more

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