On the recordJuly 18, 2018
Mr. Chairman, I rise in support of this amendment. I was disappointed that this bill originally cut CDFI by $59 million and was very supportive of the full committee amendment that Mr. Palazzo offered to add $25 million to the program, which passed with bipartisan support. This amendment simply allocates that increase among the various worthy programs in CDFI. I am particularly pleased to note that the Bank Enterprise Award Program and Healthy Food Financing Initiative received some of the funding, although I would like to point out that this increase alone does not bring any of the individual programs to their enacted levels and still leaves CDFI $34 million, or 14 percent, below the current level. I urge support of the amendment and hope that we will be able to work towards getting the CDFI the additional increases it needs in conference. Mr. Chair, I yield back the balance of my time.





