Search Results for keywords:"Small Dollar Loan Program"

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Search Results: keywords:"Small Dollar Loan Program"

  • Type:Notice
    Citation:90 FR 16592
    Reading Time:about 4 minutes

    The Department of the Treasury is seeking feedback on proposed information collections related to community financial programs, as part of its effort to lessen paperwork and reporting burdens. This includes the Capital Magnet Fund (CMF), which supports affordable housing, and the Small Dollar Loan Program (SDL), which provides financial assistance to improve access to financial services. Public comments are invited until May 19, 2025. Additional details can be found on reginfo.gov.

    Simple Explanation

    The Treasury Department is asking people to share their thoughts on some plans to help with money and housing, to make sure everything works better and needs less paperwork. They want everyone to say what they think by May 19, 2025.

  • Type:Notice
    Citation:89 FR 97167
    Reading Time:about 6 minutes

    The U.S. Department of the Treasury is inviting public comments on the Small Dollar Loan Program (SDL Program) Application. This program, managed by the Community Development Financial Institutions (CDFI) Fund, provides financial assistance to help institutions offer small, affordable loans and to promote financial inclusion. The Treasury seeks input on various aspects of the application process, including the appropriateness of grant sizes, transparency of required data, and adequacy of information requested to demonstrate the need for financial support. Comments must be submitted by February 4, 2025.

    Simple Explanation

    The government wants to hear from people about a special program that helps banks provide small loans to those who need them. They are asking for ideas on how to make it better, and people should send their thoughts before February 4, 2025.