Treasury Eyes Easier Paperwork for Community Loan Providers
Published Date: 2/28/2025
Notice
Summary
The Treasury Department wants your thoughts on new paperwork rules for Community Development Financial Institutions (CDFIs), which help fund local projects and small businesses. They’re aiming to make forms easier and less time-consuming for these groups, with no extra costs expected. If you’re involved with CDFIs or just curious, now’s the time to speak up before the deadline!
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Paperwork Reduction for CDFIs
If you work at or with a Community Development Financial Institution (CDFI), the Treasury Department is asking for public comments on proposed information collections that aim to make forms easier and less time-consuming for CDFIs. The notice says these changes are expected to reduce respondent burden and are not expected to impose any additional costs.
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