CDFI Fund just got nuked.
They give money to niggers for being niggers and give money to rent seekers to nigger bomb White areas with section 8 housing.
(
L |
A)
Reports indicate that the Treasury RIF has eliminated all CDFI Fund staff.
...
Treasury said elimination of positions in the fund were “necessary to implement the abolishment of the CDFI, which is based upon the Department of the Treasury determination that its programs, projects, and activities do not align with the President’s priorities,” according to a letter sent by Treasury Department Associate Chief Human Capital Officer Michael Wenzler to CDFI Fund employees and obtained by POLITICO, the news outlet said.
Cathie Mahon, Inclusiv president and CEO, emphasized that the CDFI Fund’s more than 30-year track record partnering with CDFI-certified credit unions, as well as certified loan funds, banks and venture funds, is "unmatched" in delivering vital, high-impact capital to spur economic development in low-income communities across the country.
"Catalyzing at least $8 in private funding for every federal dollar, the CDFI Fund has earned strong bipartisan support for its effective use of federal funds," Mahon stated. "Despite these achievements, the Trump administration has used the shutdown as a pretext to shut down the Fund, as Reduction In Force notices have been issued to all Fund staff. This is not only improper, as the Fund has a statutory mandate to fulfill, it is also incredibly shortsighted and harmful economic policy. It will reduce community lenders’ ability to provide the safe and affordable capital and financial services people and small businesses need during times of economic uncertainty and mounting financial distress.
"CDFI credit unions have played a vital role in supporting economic well-being in low-income, rural, urban and reservation-based communities, and the CDFI Fund must be allowed to continue its vital work to certify lenders and disburse Congressionally appropriated funding," Mahon said.
