United Kingdom · Question · Written question
UIN 15366
Community Development Finance Institutions
Introduced
22 February 2024
Last action
27 February 2024 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
27 February 2024
Summary
To ask the Chancellor of the Exchequer, whether they plan to amend the £2.5 million lending cap for wholesale Community Development Finance Institutions lending to retail Community Development Finance Institutions using the Community Investment Tax Relief
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Timeline
22 February 2024
Written question
To ask the Chancellor of the Exchequer, whether they plan to amend the £2.5 million lending cap for wholesale Community Development Finance Institutions lending to retail Community Development Finance Institutions using the Community Investment Tax Relief
Source: Commons
27 February 2024
Answer
At Spring Budget 2023, the government increased the amounts that Community Development Finance Institutions (CDFIs) can raise through the Community Investment Tax Relief (CITR) from £20 million to £100 million for wholesale CDFIs, and £10 million to £25 m...
Source: Written answer
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- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2024-02-22/15366
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1691143
- uk · wq-1691143 · source updated 27 February 2024