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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.

 

 

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

 

 

“Access to Capital and Credit in Native Communities” Report Releasedhttps://www.cdfifund.gov/Lists/CDFI News/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=214“Access to Capital and Credit in Native Communities” Report Released<h3>New report focuses on changes over the last 15 years and opportunities moving forward</h3><p> <b>May 23, 2016</b></p><p>A new independent report on access to capital and credit in American Indian, Alaska Native, and Native Hawaiian communities (Native Communities) was released today by the Native Nations Institute. The Access to Capital and Credit in Native Communities Report (the Report), commissioned by the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund), examines recent successes in the effort to improve access to capital and credit in Native Communities as well as what can be done to build on that success. The CDFI Fund commissioned the Report as a follow-up to its 2001 Native American Lending Study, which analyzed access to capital and financial services in Native Communities, identified barriers to access, and provided options to address the barriers. </p><p>“The lack of access to capital and credit has been a significant constraint on economic development in Native Communities,” said Annie Donovan, Director of the CDFI Fund. “While the Native American Lending Study focused on status of and barriers to accessing capital, the Access to Capital and Credit in Native Communities Report focuses on what has changed over the last 15 years, and on what opportunities exist to increase the provision of financial services and access to capital in Native Communities.”</p><p>One of the successes examined in the Report is the critical role of Community Development Financial Institutions that serve Native Communities (Native CDFIs), and how, thanks to the growth and reach of Native CDFIs, many Native Community residents who want to buy a home, start a business, or take control of their finances have better options today than they did when the CDFI Fund first examined the issue in 2001. It also discusses the role of the CDFI Fund’s programs for Native CDFIs, which have been a critical source of technical assistance and training in addition to capital. </p><p>The Report also examines:</p><ul><li><p>The growth and success in financial education programs, especially with Native-specific curriculums;</p></li><li><p>The need to expand Native entrepreneurship to help Native Communities’ economies flourish;</p></li><li><p>The current housing situation in Native Communities, the flow of housing finance and other systemic factors;</p></li><li><p>The need for capital and credit for tribal governments and tribal enterprises for development of basic infrastructure and other community amenities such as health care centers; </p></li><li><p>The impact tribal legal infrastructure has on business and economic development in Native Communities; and </p></li><li><p>Strategies Native Communities can adopt to improve access to capital and credit.</p></li></ul><p>In addition, the Native Nations Institute will soon release a companion to the Report – the Selected Review of Existing Data (the Data Review). The Data Review helped set the stage for the larger Report by collecting data regarding access to capital and credit in Native Communities – something that historically has been very difficult to obtain and verify – and presenting it to the public in a singular document. The Data Review will be made available on the CDFI Fund’s Native Initiatives webpage later this month.</p><p>The Report was published by the Native Nations Institute at The University of Arizona. It was funded by the U.S. Department of Treasury’s CDFI Fund, with additional support provided by the Morris K. and Stewart L. Udall Foundation.</p><p> <strong>Related Links</strong>: </p><ul><li><p> <a href="http://nni.arizona.edu/publications-resources/publications/papers/2016/access-capital-and-credit-native-communities" target="_blank">Access to Capital and Credit in Native Communities Report</a></p></li><li><p> <a href="/native" target="_blank">CDFI Fund's Native Initiatives</a></p></li></ul><p>For more information about the CDFI Fund and its programs, please visit www.cdfifund.gov.</p><p> <b>About the CDFI Fund</b></p><p>Since its creation in 1994, the CDFI Fund has awarded more than $2.3 billion to CDFIs, community development organizations, and financial institutions through the CDFI Program, the Bank Enterprise Award Program, the Capital Magnet Fund, the Financial Education and Counseling Pilot Program, and the Native American CDFI Assistance Program. In addition, the CDFI Fund has allocated $43.5 billion in tax credit allocation authority to Community Development Entities through the New Markets Tax Credit Program, and $852 million has been guaranteed in bonds through the CDFI Bond Guarantee Program. </p><p> <b>About the Native Nations Institute at The University of Arizona</b></p><p>The <a href="http://nni.arizona.edu/" target="_blank">Native Nations Institute </a>for Leadership, Management, and Policy (NNI) was founded in 2001 by The University of Arizona and the <a href="http://udallcenter.arizona.edu/" target="_blank">Morris K. Udall and Stewart L. Udall Foundation </a>as a self-determination, self-governance, and development resource for Native nations. NNI is the leading research, service, and outreach organization supporting nation-rebuilding efforts of Indigenous peoples in North America, and increasingly, around the world. NNI provides critical research and policy analysis information to Native nations, tribal citizens, Native organizations, and state and federal governments. NNI has worked with 43 percent of the Native nations in the continental United States—a total of 145 tribes in 22 of the 33 states where federally recognized tribes are located—providing education and tools that help them identify their priorities, assess their governing institutions, and strengthen their governments. </p>2016-05-23T04:00:00ZPress Releases214
CDFI Fund Seeks Public Comment on FY 2016 CDFI Prize Competition https://www.cdfifund.gov/Lists/CDFI News/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=213CDFI Fund Seeks Public Comment on FY 2016 CDFI Prize Competition <p>The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) invites Community Development Financial Institutions (CDFIs), community development practitioners, and the general public to take this opportunity to comment on a proposed CDFI Prize Competition. The Request for Information for the competition, as required by the America COMPETES Reauthorization Act of 2010 (15 U.S.C. 3719), is expected to be published in the Federal Register this week. </p><p>Like last year’s CDFI Fund Innovation Challenge, the FY 2016 CDFI Prize Competition is designed to encourage innovative approaches to building the capacity of CDFIs. Specifically, the prize competition will reward selected applicants with monetary prizes for proposing innovative ideas and approaches to increasing CDFI investment and access to capital in underserved rural areas. The CDFI Fund expects that it will award no less than $1 million of FY 2016 appropriated funds through the prize competition authority granted by the America COMPETES Act. </p><p>Please note that the purpose of the proposed prize competition is to stimulate and reward innovative ideas: since the proposed prize competition is not a grant or contract program, the prize funds are to reward ideas and proposals that may build the capacity of CDFIs to expand their impact in underserved areas.</p><p>An overview and details of the proposed competition and the public feedback requested is available in the Federal Register Notice below. In general, the CDFI Fund is seeking feedback from the public regarding:</p><ul><li><p>The topic and potential effectiveness of the prize competition;</p></li><li><p>The proposed eligibility, application requirements, and timeline for the competition; </p></li><li><p>The proposed prize amounts for the competition; </p></li><li><p>The proposed evaluation criteria for the competition; and </p></li><li><p>Any other suggestions or comments for how to improve the topic, eligibility and submission requirements, and evaluation criteria for the proposed FY 2016 CDFI Prize Competition. </p></li></ul><p> <b>Prize Competition Information Conference Call</b></p><p>The CDFI Fund has scheduled a conference call for May 19, 2016, at 12:00 p.m. EDT, to provide an additional opportunity for public input on the proposed FY 2016 CDFI Prize Competition. Advance registration is not required to participate. Requests for reasonable accommodations under section 504 of the Rehabilitation Act should be directed to Michael Jones at 202-653-0300. </p><p>Thursday, May 19, 2016<br> 12:00 p.m. - 1:00 p.m. EDT<br> Dial-in: 1-888-391-6803, Passcode: 3779041</p><p> <b>Written Comments</b></p> <p>Written comments must be received by 11:59 p.m. on May 25, 2016, to be assured of consideration. Comments should be submitted via e-mail to William Girardo, Portfolio Manager, CDFI Fund at <a href="mailto:CDFIchallenge@cdfi.treas.gov" target="_blank">CDFIchallenge@cdfi.treas.gov</a>.</p><p>For more information about the CDFI Fund, please visit <a href="http://www.cdfifund.gov/" target="_blank">www.cdfifund.gov</a>.   </p><p> <b>Related Documents </b></p><ul><li><p> <a href="/Documents/Prize%20FR%202016-11099.pdf" target="_blank">View Related Federal Register Notice</a></p></li></ul>2016-05-10T04:00:00ZUpdates213
CDFI Fund’s Lisa Jones Named As Finalist for Prestigious Service to America Medalhttps://www.cdfifund.gov/Lists/CDFI News/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=212CDFI Fund’s Lisa Jones Named As Finalist for Prestigious Service to America Medal<p>To coincide with Public Servant Recognition Week, the Partnership for Public Service today announced the 32 finalists for the <a title="http://servicetoamericamedals.org/" href="http://servicetoamericamedals.org/" target="_blank">Samuel J. Heyman Service to America Medals</a> which highlight excellence in the federal workforce. </p><p>The CDFI Fund is proud that <a title="http://servicetoamericamedals.org/honorees/view_profile.php?profile=452" href="http://servicetoamericamedals.org/honorees/view_profile.php?profile=452" target="_blank">Lisa M. Jones</a>, its CDFI Bond Guarantee Program Manager, is among the 32 exceptional federal employees named for her efforts to stand-up and direct this federal program. The <a title="/programs-training/Programs/cdfi-bond/Pages/default.aspx" href="/programs-training/Programs/cdfi-bond/Pages/default.aspx" target="_blank">CDFI Bond Guarantee Program</a> is a government innovation that is making long-term capital available to Community Development Financial Institutions (CDFIs) for the first time, and injecting new and substantial investment into our nation’s most distressed low-income communities. </p><p>In its fifteenth year, the Service to America Medals – also known as “the Sammies” – are highly respected awards with a vigorous selection process. Often called the “Oscars” of government service, the Sammies are known as some of the most prestigious awards to honor public servants. </p><p>The 32 finalists will compete for eight medals, one for each of seven categories in addition to the Federal Employee of the Year medal. There is also a People’s Choice Award. Medal categories include Science and Environment; Homeland Security and Law Enforcement; National Security and International Affairs; Citizen Services; and Management Excellence. Ms. Jones is a finalist in the Citizen Services category. </p><p>The 2016 Finalists will be honored tomorrow, May 3, 2016, at a reception on Capitol Hill. The medal recipients will be announced on September 20, 2016 at an event in Washington, D.C. </p><p>Related Links: </p><p> <a title="http://ourpublicservice.org/publications/viewcontentdetails.php?id=1043" href="http://ourpublicservice.org/publications/viewcontentdetails.php?id=1043" target="_blank">Partnership for Public Service’s press release</a></p><p> <a title="http://servicetoamericamedals.org/" href="http://servicetoamericamedals.org/" target="_blank">Samuel J. Heyman Service to America Medals website</a></p><p> <a title="http://servicetoamericamedals.org/honorees/view_profile.php?profile=452" href="http://servicetoamericamedals.org/honorees/view_profile.php?profile=452" target="_blank">Lisa M. Jones’ Sammie profile</a></p><p> <a title="/programs-training/Programs/cdfi-bond/Pages/default.aspx" href="/programs-training/Programs/cdfi-bond/Pages/default.aspx" target="_blank">CDFI Bond Guarantee Program webpage</a></p> <a title="http://publicservicerecognitionweek.org/" href="http://publicservicerecognitionweek.org/" target="_blank">Public Service Recognition Week website</a>2016-05-03T04:00:00ZPress Releases212

 Upcoming Events

 

 

Public Engagements: Advisory Board Meetinghttps://www.cdfifund.gov/Lists/CDFI Events/DispForm.aspx?ID=64Public Engagements: Advisory Board Meeting2016-05-17T13:00:00Z2016-05-17T20:00:00ZWashington, DC0x01020041E1D5678A3CED4385147CFE255D181700355905A9067BF24DA9A2A59A2925ED6664
CDFI Certification Conference Callhttps://www.cdfifund.gov/Lists/CDFI Events/DispForm.aspx?ID=34CDFI Certification Conference Call2016-05-19T19:00:00Z2016-05-19T20:00:00ZConference Call0x01020041E1D5678A3CED4385147CFE255D181700355905A9067BF24DA9A2A59A2925ED6634
Public Engagements: AEO Conferencehttps://www.cdfifund.gov/Lists/CDFI Events/DispForm.aspx?ID=65Public Engagements: AEO Conference2016-05-19T20:30:00Z2016-05-19T21:30:00ZWashington, DC0x01020041E1D5678A3CED4385147CFE255D181700355905A9067BF24DA9A2A59A2925ED6665

 

 

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.

 

 

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
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