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​​​​​​​​​​​​​Investing
for the Future

Empowering America's ECONOMICALLY Distressed Communities

What does the CDFI Fund Do?

The Community Development Financial Institutions Fund (CDFI Fund) plays an important role in generating economic growth and opportunity in some of our nation’s most distressed communities. By offering tailored resources and innovative programs that invest federal dollars alongside private sector capital, the CDFI Fund serves mission-driven financial institutions that take a market-based approach to supporting economically disadvantaged communities. These mission-driven organizations are encouraged to apply for CDFI Certification and participate in CDFI Fund programs that inject new sources of capital into neighborhoods that lack access to financing.

Each business financed, each job created, and each home built represents a critical step in the transformation of a life, a family, and a community. This is real change. This is the CDFI Fund. Discover More >


 

 

Bank Enterprise Award Programhttps://www.cdfifund.gov/Lists/CDFI Program Areas/DispForm.aspx?ID=1Bank Enterprise Award ProgramThe BEA Program provides awards to FDIC-insured institutions for eligible investments. The BEA Program provides awards to FDIC-insured institutions for eligible investments. /programs-training/Programs/bank_enterprise_award/Pages/default.aspx
CDFI Bond Guarantee Programhttps://www.cdfifund.gov/Lists/CDFI Program Areas/DispForm.aspx?ID=5CDFI Bond Guarantee Program The CDFI Bond Guarantee Program is a source of long-term, patient capital for CDFIs. The CDFI Bond Guarantee Program is a source of long-term, patient capital for CDFIs. /programs-training/Programs/cdfi-bond/Pages/default.aspx
CDFI Programhttps://www.cdfifund.gov/Lists/CDFI Program Areas/DispForm.aspx?ID=6CDFI ProgramThe CDFI Program provides Financial and Technical Assistance awards to CDFIs./programs-training/Programs/cdfi-program/Pages/default.aspx
Capacity Building Initiativehttps://www.cdfifund.gov/Lists/CDFI Program Areas/DispForm.aspx?ID=2Capacity Building Initiative The Capacity Building Initiative is a source of training and technical assistance for CDFIs. The Capacity Building Initiative is a source of training and technical assistance for CDFIs. /programs-training/training-ta/Pages/default.aspx
Capital Magnet Fundhttps://www.cdfifund.gov/Lists/CDFI Program Areas/DispForm.aspx?ID=3Capital Magnet FundThe Capital Magnet Fund encourages the development of affordable housing in low-income communities.The Capital Magnet Fund encourages the development of affordable housing in low-income communities./programs-training/Programs/cmf/Pages/default.aspx
Native Initiativeshttps://www.cdfifund.gov/Lists/CDFI Program Areas/DispForm.aspx?ID=7Native InitiativesThe Native Initiatives provides awards, training, and technical assistance to CDFIs serving Native Communities.The Native Initiatives provides awards, training, and technical assistance to CDFIs serving Native Communities./programs-training/Programs/native-initiatives/Pages/default.aspx
New Markets Tax Credit Programhttps://www.cdfifund.gov/Lists/CDFI Program Areas/DispForm.aspx?ID=8New Markets Tax Credit Program The New Markets Tax Credit encourages economic and community development in low-income communities. The New Markets Tax Credit encourages economic and community development in low-income communities. /programs-training/Programs/new-markets-tax-credit/Pages/default.aspx

Impact We Make

The vision of the Community Development Financial Institutions Fund (the CDFI Fund) is to economically empower America’s underserved and distressed communities.

View the CDFI Fund's Blog

 Announcements

 

 

Application Reminders and Updates for FY 2020 Capital Magnet Fund Applicantshttps://www.cdfifund.gov/Lists/CDFI News/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=383Application Reminders and Updates for FY 2020 Capital Magnet Fund Applicants<p>As a reminder for fiscal year (FY) 2020 Capital Magnet Fund applicants, the deadline for online submission of the SF-424 Mandatory through Grants.gov for this year's funding round is <strong>June 26, 2020</strong> at 11:59 p.m. Eastern Time (ET). The deadline for online submission of the rest of the application materials through the CDFI Fund's Awards Management Information System (AMIS) is <strong>July 27, 2020</strong> at 5:00 p.m. ET. Please review the Notice of Funding Availability (NOFA) for more detailed information. </p><p> <strong>Webinar and Guidance Information</strong></p><p>The CDFI Fund is conducting a webinar on June 23, 2020 to provide a walkthrough of the AMIS application. Please view the <a href="/programs-training/Programs/cmf/Pages/apply-step.aspx">Step 2: Apply</a> page of the Capital Magnet Fund website for the webinar access information. Advance registration is not required to participate.</p><p>The recordings of two previous application webinars, for Financing Entity and Affordable Housing Developer/Manager applicants, and all of the guidance and  application materials for the FY 2020 application round, are also available on the CDFI Fund's website at <a href="http://www.cdfifund.gov/cmf">www.cdfifund.gov/cmf</a> under <a href="/programs-training/Programs/cmf/Pages/apply-step.aspx#step2"> <strong>How to Apply Step 2: Apply</strong></a>. </p><p>The CDFI Fund will continue to update the Application Materials section of the Capital Magnet Fund webpage. Keep an eye on the CDFI Fund's website for updates.</p><p> <strong>Application Questions</strong></p><p>The CDFI Fund will answer questions about the FY 2020 application until 5:00 p.m. ET on <strong>July 23, 2020</strong>.  Contact the CDFI Fund's Help Desk by submitting a Service Request through your AMIS account; by e-mail to <a href="mailto:cdfihelp@cdfi.treas.gov">cdfihelp@cdfi.treas.gov</a>; or by phone to (202) 653-0421 (please note this is not a toll free number). </p><p>To learn more about the CDFI Fund and its programs, please visit <a href="https://urldefense.proofpoint.com/v2/url?u=http-3A__www.cdfifund.gov_&d=DwMFaQ&c=Tuerg-yNTgVjZ4qfQI_XUAo-m_1Vz9aewAZbk-XJGzU&r=B0nfcGTYMJiyCp3IkClHGBM6C4FH2RrjMrB1JRKGJsM&m=Z9YqKLgLMwBrA4R_x945IpXlK3YrgXQYQk78KWuBzrA&s=ZnUi5N36SItdcNust1ky9uVxll1J5JNq1NWUROrmW_I&e=">www.cdfifund.gov</a>. </p><p> <br> </p>2020-06-22T04:00:00ZUpdates383
CDFI Fund Releases Application Demand for FY 2020 Round of CDFI Program and NACA Programhttps://www.cdfifund.gov/Lists/CDFI News/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=382CDFI Fund Releases Application Demand for FY 2020 Round of CDFI Program and NACA Program<p>The fiscal year (FY) 2020 application round for the Community Development Financial Institutions Fund's (CDFI Fund) Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) closed on April 30, 2020. 588 organizations from across the country requested a total of $535.4 million in awards.</p><p>Specifically:*</p><ul><li><p>337 organizations requested $337.9 million in CDFI Program Base-Financial Assistance (Base-FA) awards. </p></li><li><p>153 organizations requested $19.1 million in CDFI Program Technical Assistance (TA) awards.</p></li><li><p>30 organizations requested $23.5 million in NACA Program Base-FA awards.</p></li><li><p>28 organizations requested $4.1 million in NACA Program TA awards.</p></li><li><p>191 organizations requested $55.9 million in Persistent Poverty County-Financial Assistance (PPC-FA) awards (CDFI Program and NACA Program combined).</p></li><li><p>24 organizations requested $10.4 million in Disability Funds-Financial Assistance (DF-FA) awards (CDFI Program and NACA Program combined).</p></li><li><p>28 organizations requested $84.6 million in Healthy Food Financing Initiative- Financial Assistance (HFFI-FA) awards (CDFI Program and NACA Program combined).</p></li></ul><p>Pursuant to the Consolidated Appropriations Act, 2020 (PL 116-93), Congress appropriated $199.5 million for the CDFI Fund to support the following programs:</p><ul> <li><p>$140.9 million in CDFI Program Base-FA and TA awards. </p></li><li><p>$14 million in NACA Program Base-FA and TA awards. </p></li><li><p>$19.6 million in PPC-FA awards (CDFI Program and NACA Program combined).</p></li><li><p>$3 million for DF-FA awards (CDFI Program and NACA Program combined).</p></li><li><p>$22 million for HFFI-FA awards (CDFI Program and NACA Program combined).</p></li></ul><p>Nationwide, the FY 2020 CDFI Program and NACA Program applicants are headquartered in 48 states and the District of Columbia. In addition, the CDFI Program received 38 applications from organizations headquartered in the U.S. Territory of Puerto Rico.</p><p></p><p>For more information about these programs, please visit the CDFI Fund’s website at www.cdfifund.gov/cdfi or www.cdfifund.gov/native.</p> <br> <p>* Since organizations may apply for more than one type of award, the number of applications by program exceeds the total number of applicants.</p> <br>2020-06-11T04:00:00ZUpdates382
CDFI Fund Seeks Comments on CDFI Equity Investment Award Policyhttps://www.cdfifund.gov/Lists/CDFI News/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=381CDFI Fund Seeks Comments on CDFI Equity Investment Award Policy<p>​The Treasury Department's Community Development Financial Institutions Fund (CDFI Fund) requests comments from the public to gain a better understanding of how Community Development Financial Institutions (CDFIs) treat equity investments in their organizations to help inform policy decisions regarding the CDFI Fund's management and oversight of its investment portfolio.</p><p>Through the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program), the CDFI Fund provides Financial Assistance (FA) awards in variety of forms, including equity investments. The CDFI Fund is working to provide more context and clarity regarding policies and procedures related to equity investments it provides in two specific areas: compliance remedies and cure periods for CDFIs noncompliant with the CDFI Fund's existing control restrictions and the adoption of an exit strategy for new equity investment awards.<br></p><p>Though this Request for Information (RFI), the CDFI Fund is seeking feedback on specific questions related to the CDFI Fund's general control restrictions, investment exit strategy, as well as general questions on CDFI equity.<br></p><p>In order to be considered, all comments must be submitted in writing by 30 days after the date of publication of the Federal Register notice to Tanya McInnis, Certification, Compliance Monitoring and Evaluation (CCME) Program Manager, CDFI Fund, at <a href="mailto:cdfihelp@cdfi.treas.gov">cdfihelp@cdfi.treas.gov</a>. <br></p><p><strong>Related Materials:</strong></p><p><a href="https://www.federalregister.gov/documents/2020/06/08/2020-12339/community-development-financial-institutions-fund-request-for-information">Federal Register Notice</a><br></p>2020-06-08T04:00:00ZUpdates381

 Upcoming Events

 

 

CDFI Certification Conference Callhttps://www.cdfifund.gov/Lists/CDFI Events/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI Events/DispForm.aspx?ID=60CDFI Certification Conference Call2020-07-16T19:00:00Z2020-07-16T20:00:00ZConference Call0x01020041E1D5678A3CED4385147CFE255D18170057406B2C3550AF449B8352847FBB5E5460
CDFI Certification Conference Callhttps://www.cdfifund.gov/Lists/CDFI Events/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI Events/DispForm.aspx?ID=61CDFI Certification Conference Call2020-08-20T19:00:00Z2020-08-20T20:00:00ZConference Call0x01020041E1D5678A3CED4385147CFE255D18170057406B2C3550AF449B8352847FBB5E5461
CDFI Certification Conference Callhttps://www.cdfifund.gov/Lists/CDFI Events/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI Events/DispForm.aspx?ID=62CDFI Certification Conference Call2020-09-17T19:00:00Z2020-09-17T20:00:00ZConference Call0x01020041E1D5678A3CED4385147CFE255D18170057406B2C3550AF449B8352847FBB5E5462

 

 

Strategic Planhttps://www.cdfifund.gov/Lists/CDFI Tools Resources/DispForm.aspx?ID=11Strategic PlanFY 2017 - FY 2022<img alt="" src="/SiteCollectionImages/PublicationImages/Final%20Strategic%20Plan%20Cover%20102716%20highlight.jpg" style="BORDER:0px solid;" />/Pages/next-five-years.aspx

 

 

Request a Speakerhttps://www.cdfifund.gov/Lists/CDFI Tools Resources/DispForm.aspx?ID=5Request a SpeakerSchedule a Speaker for your next event<img alt="" height="319" src="/SiteCollectionImages/Stock%20Images/shutterstock_109496642.jpg" width="425" style="BORDER:0px solid;" />/Pages/speaker-request.aspx

CDFI Fund Tools & Resources

Access Tools and Resources

Access the CDFI Fund's database systems below. Use the Awards Database search to find CDFI Fund awardees by state for all of the CDFI Fund's programs. AMIS is the CDFI Fund's Awards Management Information System, which has replaced the Community Investment Impact System and myCDFIFund.

 

 

Compliance and Performance Reporting Resourceshttps://www.cdfifund.gov/Lists/CDFI Tools Resources/DispForm.aspx?ID=1Compliance and Performance Reporting Resourcesicon-checkmarkHome;#0x0100178F0095A2AE7A4FBED67E33256F670E0400E5EE0B704BCEE64CA003554D82DE23E21/Pages/amisreporting.aspx
CIMS Mapping Toolhttps://www.cdfifund.gov/Lists/CDFI Tools Resources/DispForm.aspx?ID=2CIMS Mapping Toolicon-mapHome;#0x0100178F0095A2AE7A4FBED67E33256F670E0400E5EE0B704BCEE64CA003554D82DE23E22/Pages/mapping-system.aspx
AMIShttps://www.cdfifund.gov/Lists/CDFI Tools Resources/DispForm.aspx?ID=3AMISicon-communityHome;#0x0100178F0095A2AE7A4FBED67E33256F670E0400E5EE0B704BCEE64CA003554D82DE23E23http://amis.cdfifund.gov

Awards Database

Find CDFIs in your community