A joint committee yesterday agreed to fully appropriate the Social Innovation Fund to match the $50 million authorization level and President Obama's budget request. The full funding bill will now go to both the House and Senate for final approval. The text of the Omnibus bill under the section funding the Corporation for National and Community Service reads:

Within the total provided for Innovation, Assistance, and Other Activities, the conference agreement includes $50,000,000 for the Social Innovation Fund as proposed by the Senate instead of $35,000,000 as proposed by the House. Within the total provided for Innovation, Assistance, and Other Activities, the conference agreement includes $1,000,000 for the nonprofit capacity,building program instead of $2,000,000 as proposed by the Senate. The House did not propose funding for this program.

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