This page provides links to statements of the Barack Obama Administration on issues discussed in The NEXT American Opportunity. These links are provided for information only.

The White House website explicitly mentions community development financial institutions (CDFIs) at least three times:

http://www.whitehouse.gov/agenda/poverty/
Ensure Community-Based Investment Resources in Every Urban Community: Obama and Biden will work with community and business leaders to identify and address the unique economic development barriers of every major metropolitan area. Obama and Biden will provide additional resources to the federal Community Development Financial Institution Fund, the Small Business Administration and other federal agencies, especially to their local branch offices, to address community needs.

http://www.whitehouse.gov/agenda/urban_policy/
Increase Access to Capital for Underserved Businesses: President Obama and Vice President Biden will strengthen Small Business Administration programs that provide capital to women and minority-owned businesses, support outreach programs that help business owners apply for loans, and work to encourage the growth and capacity of these firms. They will also strengthen Community Development Financial Institutions (CDFIs), which are engaged in innovative methods to provide capital to urban businesses; and

Encourage Responsible Lending Institutions to Make Small Consumer Loans: Some mainstream, responsible lending institutions are beginning to enter the short-term lending market to provide many Americans with fair alternatives to predatory lending institutions. President Obama and Vice President Biden will work with his Secretary of the Treasury and the Federal Deposit Insurance Corporation to encourage banks, credit unions and Community Development Financial Institutions to provide affordable short-term and small dollar loans — and to drive the sharks out of business.

Federal Funding Innovations

Does not address specifically; see http://www.whitehouse.gov/agenda/poverty/; and for general information about the role of the federal government as a catalyst to the economy, http://www.whitehouse.gov/agenda/economy/

Small Business & Entrepreneurship

See job creation discussions at http://www.whitehouse.gov/agenda/urban_policy/; and “Stimulate Economic Prosperity in Our Metropolitan Regions” at http://www.whitehouse.gov/agenda/urban_policy/.

Nonprofits, Community Facilities, & Services

See http://www.whitehouse.gov/agenda/service/, “Invest in the Nonprofit Sector;” http://www.whitehouse.gov/agenda/education on “Early Childhood Education” and “Support High-Quality Schools and Close Low-Performing Charter Schools.”

Homes in America

See “Housing” at http://www.whitehouse.gov/agenda/urban_policy/; and “Increase the Supply of Affordable Housing” at http://www.whitehouse.gov/agenda/poverty/.

The Environment

See the discussion of alternative energy and energy efficiency in http://www.whitehouse.gov/agenda/economy/; and http://www.whitehouse.gov/agenda/energy_and_environment/

Asset Accumulation & Protection

See “Strengthen Retirement Savings” in http://www.whitehouse.gov/agenda/seniors_and_social_security/.