Today the Obama Administration detailed revised terms for a program designed to foster lending to small businesses in underserved communities through the Troubled Asset Relief Program (TARP). Originally announced in October 2009, the program provided lower-cost capital to Community Development Financial Institutions (CDFIs), such as community banks, thrifts and credit unions, which then provide loans to small businesses in underserved communities. The newly announced rules increase the amount of capital available to CDFIs, from 2 percent of risk weighted assets to 5 percent, and expands the number of institutions who qualify as a CDFI.

Click here for the Department of Treasury's key terms and enhancements to the TARP initiative.