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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 >

Are you an individual or business seeking a loan?

Click here to learn how to find CDFIs and CDEs that are providing services in your community.

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Click here to find information and resources about Opportunity Zones.

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Scammers have been contacting individuals claiming to be from the CDFI Fund. Click here to learn 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

 

 

Thinking About 2020: CDFI and NACA Program Pre-Application Webinarhttps://www.cdfifund.gov/Lists/CDFI News/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=363Thinking About 2020: CDFI and NACA Program Pre-Application Webinar<p>As 2019 comes to a close, now is a great time to start thinking about preparing your organization for a fiscal year (FY) 2020 Community Development Financial Institutions Program (CDFI Program) or Native American CDFI Assistance Program (NACA Program) Application. The Community Development Financial Institutions Fund (CDFI Fund) is tentatively planning to open the FY 2020 Financial Assistance and Technical Assistance application round in early 2020. </p><p>There are steps your organization can take now to get ready to apply. Join CDFI Fund staff for an informational pre-application webinar on Wednesday, December 18, 2019, to learn more. Topics covered will include setting up your critical SAM.gov and Grants.gov accounts, adjusting your organizational profile in the Awards Management Information System (AMIS), and other ways your organization can prepare in advance for the FY 2020 application round. </p><p> <b>CDFI and NACA Program Pre-Application Webinar</b></p><p>Advance registration is not required to participate in the webinar. Please access the webinar, using the link provided below, at least five minutes prior to the beginning of the webinar. Requests for reasonable accommodations under section 504 of the Rehabilitation Act should be directed to Jay Santiago at the CDFI Fund at 202-653-0300.<br></p><p>Viewing this webinar requires the use of WebEx. To download the Webex Meetings Desktop Application, please see the instructions on the <a href="https://www.mymeetings.com/netconferencing/WBS33.6.4_Plug-Ins_11-27-2018.php" target="_blank">WebEx Downloads webpage</a>.<br></p><p> <b>Date:</b> Wednesday, December 18, 2019</p><p> <b>Time:</b> 2:00 p.m. – 4:00 p.m. Eastern Time</p><p> <b>Access Details:</b><br> </p><ul><li>Call-In: 1-888-390-2955</li><li>Webinar Access: <a href="https://www.mymeetings.com/nc/join/" target="_blank">https://www.mymeetings.com/nc/join/</a>  </li><li>Conference Number: PWXW9724499</li><li>Audience Passcode: 3578890<br></li></ul><p></p><p>To learn more about the CDFI Program, visit <a href="/cdfi" target="_blank">www.cdfifund.gov/cdfi</a>. More information about the NACA Program can be found at <a href="/native" target="_blank">www.cdfifund.gov/native</a>.  <br></p>2019-11-21T05:00:00ZUpdates363
U.S. Treasury Awards More Than $188 Million to Support CDFI Investment in Low-Income and Distressed Communitieshttps://www.cdfifund.gov/Lists/CDFI News/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=362U.S. Treasury Awards More Than $188 Million to Support CDFI Investment in Low-Income and Distressed Communities<p>​<strong>Washington </strong>- The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded 284 Community Development Financial Institutions (CDFIs) $188.7 million in Financial Assistance (FA) awards today. The awards, through the fiscal year (FY) 2019 round of the Community Development Financial Institutions Program (CDFI Program) and the Native American CDFI Assistance Program (NACA Program), will enable CDFIs to increase lending and investment activity in low-income and economically distressed communities across the nation.</p><p>"I am proud to announce the FY 2019 CDFI Program and NACA Program awards," said CDFI Fund Director Jodie Harris. "I am especially pleased that almost half of the awarded organizations have chosen to provide services in areas of persistent poverty, which will lead to significant impact for residents in some of the most distressed communities nationwide."    </p><p>FA awards include the Base Financial Assistance (Base-FA) award and the following awards that are provided as a supplement to the Base-FA award: Healthy Food Financing Initiative-Financial Assistance (HFFI-FA), Persistent Poverty Counties-Financial Assistance (PPC-FA), and Disability Funds-Financial Assistance (DF-FA).</p><p> <strong>CDFI Program Financial Assistance Awards</strong></p><p>The CDFI Program invests in and builds the capacity of CDFIs to serve low-income people and underserved communities lacking adequate access to affordable financial products and services. For the FY 2019 CDFI Program round, the CDFI Fund awarded $132 million in Base-FA awards to 261 organizations in 45 states, the District of Columbia, and Puerto Rico. The CDFI Fund also awarded $18.2 million in PPC-FA awards to 125 CDFIs specifically to serve Persistent Poverty Counties nationwide.</p><p>In addition, the CDFI Fund awarded $22 million in HFFI-FA awards to 14 CDFIs. The Healthy Food Financing Initiative is a supplemental program designed to encourage investments in businesses that provide healthy food options for communities. The CDFI Fund also awarded $3 million in DF-FA awards to 16 CDFIs; DF-FA is a supplemental program designed to help CDFIs finance projects and services to assist individuals with disabilities.<br></p><p> <strong>NACA Program Financial Assistance Awards</strong></p><p>The NACA Program facilitates the creation and advancement of Native CDFIs. Organizations funded through the NACA Program serve a wide range of Native American, Alaska Native, and Native Hawaiian communities, and reflect a diversity of institutions in various stages of development, including: organizations in the early planning stages of CDFI formation; tribal entities working to certify an existing lending program; and established Native CDFIs in need of further capacity building assistance.</p><p>The CDFI Fund awarded $12 million in FY 2019 NACA Program Base-FA awards to 23 organizations in 11 states. Eleven Native CDFIs also received $1.5 million in PPC-FA awards. </p><p>The CDFI Fund also provides Technical Assistance awards to CDFIs and emerging CDFIs through the CDFI Program and NACA Program. The FY 2019 Technical Assistance Awards <a href="/news-events/news/Pages/news-detail.aspx?NewsID=356&Category=Press%20Releases">were announced on September 19, 2019</a>. View more information about all of the FY 2019 CDFI Program and NACA Program awards below.   </p><p> <strong>FY 2019 CDFI Program and NACA Program Award Resources </strong></p><ul><li><a href="/Documents/Final%202019%20CDFI%20FA%20TA%20Award%20Book%20111319.pdf" target="_blank">FY 2019 CDFI Program Award Book</a><br></li><li><a href="/Documents/Final%202019%20NACA%20Award%20Book%20111319.pdf" target="_blank">FY 2019 NACA Program Award Book </a><br></li><li><a href="/Documents/Base%20Financial%20Assistance%20(Base-FA)%20Application%20Evaluation%20Process_111919.pdf" target="_blank">CDFI Program and NACA Program Financial Assistance Application Evaluation Process</a><br></li><li><a href="/Documents/FY%202019%20Technical%20Assistance%20Application%20Evaluation%20Process.pdf" target="_blank">CDFI Program and NACA Program Technical Assistance Application Evaluation Process</a><br></li></ul><p> <strong>About the CDFI Fund </strong></p><p>Since its creation in 1994, the CDFI Fund has awarded more than $2.4 billion to CDFIs, community development organizations, and financial institutions through the Community Development Financial Institutions Program, the Native American CDFI Assistance Program, and the Bank Enterprise Award Program. In addition, the CDFI Fund has allocated $57.5 billion in tax credit allocation authority to Community Development Entities through the New Markets Tax Credit Program, guaranteed $1.61 billion in bonds through the CDFI Bond Guarantee Program, and awarded more than $434 million through the Capital Magnet Fund. To learn more about the CDFI Fund and its programs, please visit the CDFI Fund's website at <a href="http://www.cdfifund.gov/">www.cdfifund.gov</a>.<br></p>2019-11-19T05:00:00ZPress Releases362
Request for Public Comment: Uses of Award Report Form for BEA Program, CDFI Program and NACA Program Award Recipientshttps://www.cdfifund.gov/Lists/CDFI News/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=361Request for Public Comment: Uses of Award Report Form for BEA Program, CDFI Program and NACA Program Award Recipients<p>The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed information collections, as required by the Paperwork Reduction Act of 1995, Pub. L. No. 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently, the Community Development Financial Institutions Fund (the CDFI Fund), the Department of the Treasury, is soliciting comments concerning the Uses of Awards Report Form, which is completed by the Bank Enterprise Award Program (<a href="/bea" target="_blank">BEA Program</a>) Recipients and the Community Development Financial Institutions Program (<a href="/cdfi" target="_blank">CDFI Program</a>) and Native American CDFI Assistance Program (<a href="/native" target="_blank">NACA Program</a>) Recipients.</p><p>The CDFI Fund is seeking to revise its Uses of Award Report Form to validate investments made in Persistent Poverty Counties (PPCs) by BEA Program award Recipients in compliance with the PPC Congressional Mandate. The CDFI Fund’s appropriation in the Consolidated Appropriations Act, 2019 (Public Law Number 116-6), enacted February 15, 2019, requires that at least 10 percent of BEA Program funds be used for Awards that support investments that serve populations living in PPCs. In order to meet this requirement, Applicants are required to indicate the minimum and maximum percentage of the Estimated BEA Program Award the Applicant will commit to deploying in PPCs.</p><p>A Persistent Poverty County is any county that has had 20 percent or more of its population living in poverty over the past 30 years, as measured by the 1990 and 2000 decennial census, and the 2011-2015 5-year data series available from the American Community Survey from the Census Bureau. A Recipient that made commitments to serve Persistent Poverty Counties is required to identify the portion of the total award amount used for BEA Qualified Activities in Persistent Poverty Counties.</p><p>A full list of specific questions can be found in the <a href="/Documents/Use%20of%20Award%20Report%20FR%202019-22574%20101719.pdf" target="_blank">Federal Register notice</a>. </p><p>Comments must be submitted in writing by 60 days after the date of publication of the Federal Register notice via e-mail to Mia Sowell, Associate Program Manager, CDFI Fund, at <a href="mailto:cdfihelp@cdfi.treas.gov" target="_blank">cdfihelp@cdfi.treas.gov</a>; or via (202) 508-0083.</p><p><strong>Related Materials</strong>:</p><ul><li><p><a href="/Documents/Use%20of%20Award%20Report%20FR%202019-22574%20101719.pdf" target="_blank">Federal Register Notice</a><br></p></li><li><p><a href="/Documents/Uses%20of%20Award%20Report%20Form%20for%20Comment.pdf" target="_blank">Uses of Award Report Form (Existing Format)</a></p></li><li><p><a href="/Documents/Use%20of%20Award%20Report%20(BEA_CDFI_NACA)%20-%20Revise.pdf" target="_blank">For Comment: Uses of Award Report Form</a></p></li></ul>2019-10-17T04:00:00ZUpdates361

 Upcoming Events

 

 

CDFI Certification Conference Callhttps://www.cdfifund.gov/Lists/CDFI Events/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI Events/DispForm.aspx?ID=43CDFI Certification Conference Call2019-11-21T20:00:00Z2019-11-21T21:00:00ZConference Call0x01020041E1D5678A3CED4385147CFE255D18170057406B2C3550AF449B8352847FBB5E5443
FY 2020 CDFI Program and NACA Program Pre-Application Webinarhttps://www.cdfifund.gov/Lists/CDFI Events/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI Events/DispForm.aspx?ID=55FY 2020 CDFI Program and NACA Program Pre-Application Webinar2019-12-18T19:00:00Z2019-12-18T21:00:00ZWebinar0x01020041E1D5678A3CED4385147CFE255D18170057406B2C3550AF449B8352847FBB5E5455
CDFI Certification Conference Callhttps://www.cdfifund.gov/Lists/CDFI Events/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI Events/DispForm.aspx?ID=44CDFI Certification Conference Call2019-12-19T20:00:00Z2019-12-19T21:00:00ZConference Call0x01020041E1D5678A3CED4385147CFE255D18170057406B2C3550AF449B8352847FBB5E5444

 

 

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