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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 >

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

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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

 

 

CDFI Fund Requests Public Comment on CDFI Program and NACA Program Disability Funds Financial Assistance Applicationhttps://www.cdfifund.gov/Lists/CDFI News/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=302CDFI Fund Requests Public Comment on CDFI Program and NACA Program Disability Funds Financial Assistance Application<p>The 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 and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). Currently, the Community Development Financial Institutions Fund (CDFI Fund), U.S. Department of the Treasury, is soliciting comments concerning the Community Development Financial Institution CDFI Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) Disability Funds-Financial Assistance Application (DF-FA). </p><p>The Consolidated Appropriations Act of 2017 (Act; P.L. 115-31) provided the CDFI Fund up to $3 million to provide “technical and financial assistance to CDFIs that fund projects to help individuals with disabilities.” The CDFI Fund created the Disability Funds-Financial Assistance (DF-FA) Application in response to this Congressional directive. Applicants selected to receive DF-FA awards will have a demonstrated track record of serving individuals with disabilities, specifically by providing financial products and services and/or development services that have a primary purpose of benefiting individuals with disabilities. The CDFI Fund will administer DF-FA awards in conjunction with the annual CDFI Program and NACA Program application process.</p><p>Comments are invited on all aspects of the information collections, but commentators may wish to focus particular attention on: (a) the cost for CDFIs to operate and maintain the services/systems required to provide the required information; (b) ways to enhance the quality, utility, and clarity of the information to be collected; (c) whether the collection of information is necessary for the proper evaluation of the effectiveness and impact of the CDFI Fund’s programs, including whether the information has practical utility; (d) the accuracy of the CDFI Fund’s estimate of the burden of the collection of information, and; (e) ways to minimize the burden of the collection of information including through the use of technology. </p><p>Written comments must be submitted by July 24, 2018 via e-mail to Amber Bell, Program Manager for the CDFI Program and Native Initiatives, CDFI Fund, in order to be considered. For more information, please review the applicable Federal Register notice below. </p><p><b>Related Materials</b></p><ul><li><p><a href="https://www.federalregister.gov/documents/2018/05/25/2018-11304/notice-of-information-collection-and-request-for-public-comment" target="_blank">Federal Register Notice</a></p></li><li><p><a href="/Documents/Disability%20Funds%20%20Financial%20Assistance%20Application%20for%20Public%20Comment.pdf" target="_blank">Disability Funds-Financial Assistance Application (For Comment)</a></p></li></ul> 2018-05-25T04:00:00ZUpdates302
2018 NMTC Program Electronic Application Now Available in AMIShttps://www.cdfifund.gov/Lists/CDFI News/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=3002018 NMTC Program Electronic Application Now Available in AMIS<p>​The electronic application for the calendar year (CY) 2018 round of the New Markets Tax Credit Program (NMTC Program) is now available in the Community Development Financial Institutions Fund's (CDFI Fund) <a href="https://amis.cdfifund.gov/s/AMISHome">Awards Management Information System (AMIS)</a>.</p><p>The CDFI Fund published the Notice of Allocation Availability (NOAA) for the CY 2018 round in the Federal Register on May 11, 2018.  Community Development Entities (CDE) interested in applying for New Markets Tax Credit allocation authority under the CY 2018 round have until 5:00 pm Eastern Daylight Time (EDT), on June 28, 2018, to submit their electronic application through AMIS. </p><p>Electronic application instructions, including how to navigate through AMIS, may be found on the NMTC Program webpage at <a href="http://www.cdfifund.gov/nmtc">www.cdfifund.gov/nmtc</a> under <a href="/programs-training/Programs/new-markets-tax-credit/Pages/apply-step.aspx#step2">How to Apply Step 2: Apply</a>.  In addition, the CDFI Fund anticipates posting a pre-recorded webinar by May 24, 2018 to demonstrate the electronic application submission in AMIS.  Links to the pre-recorded AMIS webinar will also be available on the NMTC Program webpage under <a href="/programs-training/Programs/new-markets-tax-credit/Pages/apply-step.aspx#step2">How to Apply Step 2: Apply</a>.</p><p>All applicants should closely review instructions, application materials and application timelines.  The CDFI Fund <strong>strongly recommends</strong> that applicants give themselves adequate time to submit their applications through AMIS. Only electronic applications submitted through AMIS will be considered. </p><p><strong>Reminder about Important Deadlines </strong></p><p>Per the CY 2018 NOAA, the deadlines for the NMTC Program are as follows: </p><ul><li>Submission of CDE Certification Application: May 24, 2018</li><li>Online Submission of Electronic Allocation Application: June 28, 2018</li><li>Online Submission of Electronic Allocation Application Attachments: June 28, 2018</li><li>Date by which prior Allocatees record QEIs in CDFI Fund Systems: September 24, 2018 </li></ul><p><strong>Application Materials</strong></p><p>All application materials, including frequently asked questions and application presentations, may be found on the NMTC Program webpage at <a href="http://www.cdfifund.gov/nmtc">www.cdfifund.gov/nmtc</a> under <a href="/programs-training/Programs/new-markets-tax-credit/Pages/apply-step.aspx#step2">How to Apply Step 2: Apply</a>.  </p><p><strong>Questions</strong></p><p>Applicants should be aware that the CDFI Fund will not respond to questions about the electronic application after 5:00 p.m. EDT on June 26, 2018.  If you have questions, please contact the CDFI Fund through the Service Request feature in AMIS or by reaching out to our Help Desk at (202) 653-0421 or <a href="mailto:cdfihelp@cdfi.treas.gov">cdfihelp@cdfi.treas.gov</a>.</p>2018-05-25T04:00:00ZUpdates300
CDFI Fund Releases Application Demand for FY 2018 Round of CDFI Program and NACA Programhttps://www.cdfifund.gov/Lists/CDFI News/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=301CDFI Fund Releases Application Demand for FY 2018 Round of CDFI Program and NACA Program<p>The fiscal year (FY) 2018 application round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) closed on April 4, 2018. The Community Development Financial Institutions Fund (CDFI Fund) received 538 applications from 485 organizations across the country requesting a total of $504.5 million. </p><p>Specifically<sup>1</sup>: </p><ul><li><p>432 organizations requested $334.9 million in CDFI Program Financial Assistance (FA) and Technical Assistance (TA) awards</p></li><li><p>53 organizations requested $33.7 million in NACA Program FA and TA awards</p></li><li><p>20 organizations requested $75.3 million in Healthy Food Financing Initiative-Financial Assistance (HFFI-FA) awards</p></li><li><p>33 organizations requested $15.2 million in Disability Funds-Financial Assistance (DF-FA) awards</p></li><li><p>162 organizations requested $45.4 million to serve Persistent Poverty Counties</p></li></ul><p>Pursuant to the Consolidated Appropriations Act, 2018 (PL 115-141), Congress appropriated $198 million for the CDFI Fund to support the following programs:</p><ul><li><p>$160 million in CDFI Program FA and TA awards</p></li><li><p>$16 million in NACA Program FA and TA awards</p></li><li><p>$22 million in HFFI-FA awards</p></li></ul><p>A minimum of 10 percent of the appropriations must support investments in rural and urban Persistent Poverty Counties. </p><p>In addition, the CDFI Fund will combine FY 2017 and FY 2018 appropriated funds of up to $6 million to provide Disability Funds-Financial Assistance (DF-FA) funding for the FY 2018 award round. 33 applicants that applied for FA awards submitted supplemental applications requesting $15.2 million in DF-FA funding for projects and services that will assist individuals with disabilities. Combining the appropriated funds will allow the CDFI Fund to fund the maximum number of highly qualified applicants.</p><p>This year’s applicant pool is one of the most geographically diverse groups of applicants to apply for the CDFI Program or the NACA Program. Nationwide, the applicants are headquartered in 47 states and the District of Columbia. In addition, the CDFI Program received eight applications from organizations headquartered in the U.S. Territory of Puerto Rico. </p><p>The CDFI Fund anticipates finalizing the FY 2018 CDFI Program and NACA Program awards in early Fall 2018. For more information about these programs, please visit the CDFI Fund’s website at <a href="http://www.cdfifund.gov/cdfi" target="_blank">www.cdfifund.gov/cdfi</a> or <a href="http://www.cdfifund.gov/native" target="_blank">www.cdfifund.gov/native</a>. </p><p> </p><hr /><p><sup>1 </sup><span style="font-size:11px;">Since organizations may apply for more than one type of award, the number of applications by program exceeds the total number of applicants. </span></p>2018-05-24T04:00:00ZUpdates301

 Upcoming Events

 

 

About the Capital Magnet Fund Information Sessionhttps://www.cdfifund.gov/Lists/CDFI Events/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI Events/DispForm.aspx?ID=21About the Capital Magnet Fund Information Session2018-05-30T17:00:00Z2018-05-30T18:00:00ZWebinar0x01020041E1D5678A3CED4385147CFE255D18170057406B2C3550AF449B8352847FBB5E5421
About the Capital Magnet Fund Information Sessionhttps://www.cdfifund.gov/Lists/CDFI Events/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI Events/DispForm.aspx?ID=22About the Capital Magnet Fund Information Session2018-06-07T20:00:00Z2018-06-07T21:00:00ZWebinar0x01020041E1D5678A3CED4385147CFE255D18170057406B2C3550AF449B8352847FBB5E5422
CDFI Certification Conference Callhttps://www.cdfifund.gov/Lists/CDFI Events/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI Events/DispForm.aspx?ID=6CDFI Certification Conference Call2018-06-21T19:00:00Z2018-06-21T20:00:00ZConference Call0x01020041E1D5678A3CED4385147CFE255D18170057406B2C3550AF449B8352847FBB5E546

 

 

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="" src="/Style%20Library/cdfi/pic-highlight1.jpg?s=F3BB8F79FA7B0B4E2E89F19CE8111068BA762963" 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 new Awards Management Information System, which will replace myCDFIFund.

 

 

Community Investment Impact Systemhttps://www.cdfifund.gov/Lists/CDFI Tools Resources/DispForm.aspx?ID=1Community Investment Impact Systemicon-checkmarkHome;#0x0100178F0095A2AE7A4FBED67E33256F670E0400E5EE0B704BCEE64CA003554D82DE23E21/Pages/ciis.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