
Black businesses face delay as $289 million in CDFI funds remains held up
A Sept. 29 report said nearly $300 million in congressionally approved CDFI funding was still being withheld amid legal disputes. The stalled money matters…
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Topic: policy

A Sept. 29 report said nearly $300 million in congressionally approved CDFI funding was still being withheld amid legal disputes. The stalled money matters…
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Congresswoman Ayanna Pressley testified before the House Financial Services Committee on May 1, 2026, warning against the Trump Administration's proposed…
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Black businesses are caught in limbo as a legal fight delays the release of $289 million in congressionally approved funding for community development…
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The administration proposed rescinding $10 million from the Minority Business Development Agency, which supports minority-owned businesses. The move would…
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South Africa has proposed new public procurement regulations that would set aside part of government purchasing for designated groups, including black-owned…
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A final SBA rule revised the 8(a) program so individually owned applicants no longer receive a race-based presumption of social disadvantage. Applicants now…
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Black tech founders report a 40% drop in venture capital access since the election, with average deal sizes falling to $1.2 million from $2.5 million.…
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