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Press Release: Cramer, Crapo, and Warner Urge OMB to Release CDFI Funds in Bipartisan Letter

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Senators Cramer, Crapo, and Warner urge OMB to expedite $324 million in CDFI funding for underserved communities.

Quiver AI Summary

A bipartisan group of senators, including Kevin Cramer, Mike Crapo, and Mark Warner, has urged the Office of Management and Budget (OMB) to swiftly release $324 million in appropriated funds for Community Development Financial Institutions (CDFIs). They emphasized the importance of these funds for promoting economic growth and financial inclusion in underserved areas.

The funds, part of the Fiscal Year 2025 appropriations, are crucial for over 1,400 certified CDFIs, with significant delays in disbursement causing uncertainty. The letter highlights that timely funding is essential for supporting projects in areas such as affordable housing and small businesses.

The senators assert that delays hinder projects and prevent necessary capital from reaching communities in need. The CDFI Fund is yet to announce awards for several programs, despite the closure of application periods months ago.

Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.

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Kevin Cramer Net Worth

Quiver Quantitative estimates that Kevin Cramer is worth $896.0K, as of August 1st, 2025. This is the 305th highest net worth in Congress, per our live estimates.

Cramer has approximately $0 invested in publicly traded assets which Quiver is able to track live.

You can track Kevin Cramer's net worth on Quiver Quantitative's politician page for Cramer.

Kevin Cramer Bill Proposals

Here are some bills which have recently been proposed by Kevin Cramer:

  • S.2326: Payment Choice Act of 2025
  • S.2268: Agricultural Risk Review Act of 2025
  • S.1868: Critical Access for Veterans Care Act
  • S.1828: Safe Routes Improvement Act
  • S.1733: Highway Funding Transferability Improvement Act
  • S.1716: Vision Lab Choice Act of 2025

You can track bills proposed by Kevin Cramer on Quiver Quantitative's politician page for Cramer.

Kevin Cramer Fundraising

Kevin Cramer recently disclosed $0 of fundraising in a Q2 FEC disclosure filed on July 12th, 2025. This was the 1171st most from all Q2 reports we have seen this year. nan% came from individual donors.

Cramer disclosed $780.0 of spending. This was the 1288th most from all Q2 reports we have seen from politicians so far this year.

Cramer disclosed $330.9K of cash on hand at the end of the filing period. This was the 558th most from all Q2 reports we have seen this year.

You can see the disclosure here, or track Kevin Cramer's fundraising on Quiver Quantitative.

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