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Monday, Mar 11, 2024
Welcoming the Next Director of the CDFI Fund
Today, Pravina Raghavan began her tenure as the next Director of the CDFI Fund. Noel Poyo, Deputy Assistant Secretary (DAS) for Community and Economic Development said, “I am proud to introduce Ms. Raghavan to the CDFI Fund team and the broader community finance field. She is a seasoned leader in community and economic development with an impressive track record of overseeing billions of dollars in mission-oriented federal investments.“
Announcements
: Updates
Over $390 million in Increased Investments, Lending and Services in Highly Distressed Communities and to CDFIs
: Updates
The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) today released a summary report and data collected on all New Markets Tax Credit (NMTC) investments across the nation from fiscal year (FY) 2003 to FY 2022. 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.
: Requests for Comments, Updates
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) is soliciting public comment on changes to the Capital Magnet Fund (CMF) Performance Report.
Upcoming Events
Message from the Director
Message from CDFI Fund Director Pravina Raghavan
As I close on my first four months as the Director of the CDFI Fund, I wanted to provide an update on our programs and highlight a few key announcements.
Requests for Comments