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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
Reminder: Next CDFI Certification Webinar is January 16
: Updates
The Community Development Financial Institutions Fund (CDFI Fund) has posted on its website an updated calendar year (CY) 2024-2025 New Markets Tax Credit Program (NMTC Program) Allocation Application Frequently Asked Questions (FAQs) document.
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The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today opened the fiscal year (FY) 2025 application period for the CDFI Bond Guarantee Program. A total of up to $500 million in bond guarantee authority is estimated to be available for Eligible Community Development Financial Institutions (Eligible CDFIs) in FY 2025, pending final Congressional appropriations.
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