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Sen. Peters Issues Statement on Participation of Community Development Financial Institutions in Paycheck Protection Program
May 30, 2020
DETROIT, Michigan, May 30 -- Sen. Gary Peters, D-Michigan, issued the following statement after the Treasury Department and Small Business Administration announced they will set aside $10 billion for Community Development Financial Institutions to participate in the Paycheck Protection Program:

This announcement comes after Peters successfully secured $60 billion in dedicated funding for small community-based lenders, including CDFIs and Minority Depository Institutions (MDIs), that . . .

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