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Director Gambrell Tours Community Development Progress in New Orleans

Meets with local CDFIs, CDEs, small businesses, non-profits, entrepreneurs, and affordable housing developers supporting the recovery efforts. Washington, DC - June 10, 2009 - (RealEstateRama) — The U.S. Treasury Department's Community Development Financial Institutions (CDFI) Fund Director Donna J. Gambrell traveled to New Orleans, Louisiana this week on a two-day trip to highlight how the CDFI Program and New Markets Tax Credit (NMTC) Program have provided needed resources to support the revitalization and rebuilding efforts following Hurricane Katrina.

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T & I Committee Passes Graves’ Legislation to Improve Disaster Recovery

The House Committee on Transportation and Infrastructure advanced a slate of bills today, including a bipartisan disaster relief bill authored by Reps. Garret Graves (LA-6) and Stacey Plaskett (D-V.I.). The legislation, H.R. 1311 is designed to help communities recover from disasters and increase disaster program transparency and oversight