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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 >

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.



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




Upcoming Webinar: AEO’s Innovation Challenge Solutionhttps://www.cdfifund.gov/Lists/CDFI News/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=226Upcoming Webinar: AEO’s Innovation Challenge Solution<p>The Association for Enterprise Opportunity (AEO) will host a webinar on September 8, 2016 to provide additional insight into its winning <a href="/news-events/news/Pages/news-detail.aspx?NewsID=185&Category=Updates" target="_blank">2015 CDFI Fund Innovation Challenge solution</a>. </p><p>AEO’s proposed solution is a screening and assessment tool that will match small business owners who have been declined by traditional lenders with CDFIs that may be able to assist them. In this special webinar opportunity, AEO’s team will provide more details on how their technology solution will work, as well as insights they have learned along the way as they designed and developed the solution. CDFI Fund Director Annie Donovan will provide introductory remarks.</p><p><b>2015 Innovation Challenge Update Webinar</b></p><p>Thursday, September 8, 2016<br> 1:00 p.m. EDT</p><p><a href="https://attendee.gotowebinar.com/register/2974869823258833667" target="_blank">Register to attend the webinar here. </a></p><p>Registration may be completed up to the start time of the webinar on September 8. </p><p>Learn more about AEO’s recent work by reading their <a href="http://www.aeoworks.org/index.php/site/page/category/blog/" target="_blank">blog series</a>. Visit <a href="http://www.cdfifund.gov/" target="_blank">www.cdfifund.gov</a> to learn more about the CDFI Fund and its programs.</p> 2016-08-24T04:00:00ZUpdates226
CDFI Fund Releases Public Data for NMTC Program for 2003-2014https://www.cdfifund.gov/Lists/CDFI News/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=225CDFI Fund Releases Public Data for NMTC Program for 2003-2014<p>The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today released data collected on New Markets Tax Credit (NMTC) investments across the nation through fiscal year (FY) 2014. The CDFI Fund requires all Community Development Entities (CDEs) that have been awarded NMTC allocations to submit an annual report detailing how they invested Qualified Equity Investment (QEI) proceeds in low-income communities. These reports must be submitted to the CDFI Fund by the CDEs, along with their audited financial statements, within six months after the end of their fiscal year.</p><p>The NMTC Program enables economically distressed communities to leverage private investment capital by providing investors with a federal tax credit. All NMTC investments must meet statutory qualifications for their investors to be able to claim the tax credit. The vast majority of NMTC investments are made within statutorily defined “Low-Income Communities.” Low-Income Communities are census tracts with a poverty rate of 20 percent or greater, or a median family income at or below 80 percent of the applicable area median family income. In addition to investments located in Low-Income Communities, investments can qualify for NMTCs by using other statutory provisions designed to target certain areas or populations, including provisions for High-Migration Rural Counties, and Low-Income Targeted Populations.</p><p>Through the first 12 application rounds of the NMTC Program, the CDFI Fund has made 912 awards, allocating a total of $43.5 billion in tax credit authority to CDEs through a competitive application process. This $43.5 billion includes $3 billion in Recovery Act allocations and $1 billion of special allocation authority to be used for the recovery and redevelopment of the Gulf Opportunity Zone.</p><p>View a summary report and the full public data release below. For more information about the New Markets Tax Credit Program, please visit <a href="http://www.cdfifund.gov/nmtc">www.cdfifund.gov/nmtc</a>. </p><ul><li><p><a href="/Documents/New%20Markets%20Tax%20Credit%20Public%20Data%20Release_final%20081016.pdf" target="_blank">New Markets Tax Credit Program Public Data Release: 2003-2014 Summary Report</a></p></li><li><p><a href="/Documents/FY%202014%20NMTC%20Public%20Data%20Release.xlsx" target="_blank">Full FY 2014 New Markets Tax Credit Program Public Data Release</a></p></li> </ul> 2016-08-11T04:00:00ZUpdates225
Request for Public Comment: Bank Enterprise Award Program Applicationhttps://www.cdfifund.gov/Lists/CDFI News/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=223Request for Public Comment: Bank Enterprise Award Program Application<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 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 Bank Enterprise Award Program (BEA Program) Application.</p><p>The purpose of the Bank Enterprise Award Program (BEA Program) is to provide an incentive to FDIC-insured depository institutions to increase their activities in the form of loans, investments, services, and technical assistance, within distressed communities and provide financial assistance to community development financial institutions through grants, stock purchases, loans, deposits, and other forms of financial and technical assistance. The CDFI Fund will make awards through the BEA Program to FDIC-insured depository institutions, based upon such institutions’ completion of certain qualified activities, as reported in the application.</p><p>The application will solicit information concerning: applicants’ eligibility to participate in the BEA Program; the quantity (value) of applicants’ activities, and the extent to which such activities may be qualified activities; and appropriate supporting documentation. The questions that the application contains, and the information generated thereby, will enable the CDFI Fund to evaluate applicants’ activities and determine the extent of applicants’ eligibility for BEA Program awards.</p><p>The CDFI Fund invites comments on: (a) whether the collection of information is necessary for the proper performance of the functions of the CDFI Fund, including whether the information shall have practical utility; (b) the accuracy of the CDFI Fund’s estimate of the burden of the collection of information; (c) ways to enhance the quality, utility, and clarity of the information to be collected; (d) ways to minimize the burden of the collection of information on respondents, including through the use of technology; and (e) estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services to provide information.</p><p>Comments must be submitted in writing on or before October 11, 2016 to Bob Ibanez, BEA Program Manager, CDFI Fund, U.S. Department of the Treasury, at <a href="mailto:bea@cdfi.treas.gov" target="_blank">bea@cdfi.treas.gov</a>, or 1500 Pennsylvania Avenue, NW, Washington, D.C., 20020. </p><p><b>Related Materials</b></p><ul><li><p><a href="/Documents/BEA%20App%20PRA%20FR%202016-18559.pdf">Federal Register Notice</a></p></li><li><p><a href="/Documents/2016%20BEA%20Application-for%2060-day%20Comment.pdf">For Comment: BEA Program Application</a></p></li></ul> 2016-08-10T04:00:00ZUpdates223

 Upcoming Events



CDFI Certification Conference Callhttps://www.cdfifund.gov/Lists/CDFI Events/DispForm.aspx?ID=37CDFI Certification Conference Call2016-08-18T19:00:00Z2016-08-18T20:00:00ZConference Call0x01020041E1D5678A3CED4385147CFE255D181700355905A9067BF24DA9A2A59A2925ED6637
CDFI Certification Conference Callhttps://www.cdfifund.gov/Lists/CDFI Events/DispForm.aspx?ID=38CDFI Certification Conference Call2016-09-15T19:00:00Z2016-09-15T20:00:00ZConference Call0x01020041E1D5678A3CED4385147CFE255D181700355905A9067BF24DA9A2A59A2925ED6638
CDFI Certification Conference Callhttps://www.cdfifund.gov/Lists/CDFI Events/DispForm.aspx?ID=39CDFI Certification Conference Call2016-10-20T19:00:00Z2016-10-20T20:00:00ZConference Call0x01020041E1D5678A3CED4385147CFE255D181700355905A9067BF24DA9A2A59A2925ED6639



Framework for the Futurehttps://www.cdfifund.gov/Lists/CDFI Tools Resources/DispForm.aspx?ID=11Framework for the FutureGuiding Principles and Strategic Plan<img alt="" src="/SiteCollectionImages/pic-highlight1.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.



AMIShttps://www.cdfifund.gov/Lists/CDFI Tools Resources/DispForm.aspx?ID=3AMISicon-communityHome;#0x0100178F0095A2AE7A4FBED67E33256F670E0400E5EE0B704BCEE64CA003554D82DE23E23http://amis.cdfifund.gov
CIMS Mapping Toolhttps://www.cdfifund.gov/Lists/CDFI Tools Resources/DispForm.aspx?ID=2CIMS Mapping Toolicon-mapHome;#0x0100178F0095A2AE7A4FBED67E33256F670E0400E5EE0B704BCEE64CA003554D82DE23E22/Pages/mapping-system.aspx
Community Investment Impact Systemhttps://www.cdfifund.gov/Lists/CDFI Tools Resources/DispForm.aspx?ID=1Community Investment Impact Systemicon-checkmarkHome;#0x0100178F0095A2AE7A4FBED67E33256F670E0400E5EE0B704BCEE64CA003554D82DE23E21/Pages/ciis.aspx

Awards Database

Find CDFIs in your community