Wednesday, May 6, 2020
Request for Public Comment on CDFI Certification Application and Reporting Tools
At the Community Development Financial Institutions Fund (CDFI Fund), we value the important work that Certified Community Development Financial Institutions (CDFIs) do. We know that CDFIs are being asked to do more than ever before in delivering capital and credit to families, businesses and communities across the nation. And we want to continue to support CDFIs the best way that we can, evolving our policies where possible to meet the modern needs of CDFIs.
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released today the application data for the fiscal year (FY) 2021 round of its Small Dollar Loan Program (SDL Program).
The fiscal year (FY) 2021 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 May 3, 2021.
At this time, it is expected that the Technical Assistance (TA) awards and Financial Assistance (FA) awards will be announced separately. The CDFI Fund anticipates announcing the FY 2021 TA awards before September 30, 2021 and the FA awards before December 31, 2021.
Announcement Made By Vice President Harris Alongside Treasury Secretary Janet Yellen, U.S. Senator Mark Warner, and U.S. Representative Maxine Waters
Washington – The U.S. Department of the Treasury today awarded $1.25 billion in COVID-19 relief funds to 863 community development financial institutions (CDFIs). The awards were announced today by Vice President Kamala Harris at the White House with Treasury Secretary Janet L. Yellen.