Featured Story
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
Are you the Authorized Representative of either a Certified Community Development Financial Institution (CDFI) or an organization that has received a Community Development Financial Institutions Fund (CDFI Fund) Award and/or Allocation? If so, to maintain your organization’s CDFI Certification status, you must submit the Annual Certification and Data Collection Report (ACR). Additionally, to ensure compliance with your Award, Assistance and/or Allocation Agreement(s) you must complete and submit the annual report(s) specified in these agreement(s).
: Updates
The application period for the fiscal year (FY) 2024 funding 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 February 15, 2024. In total, 948 organizations from across the country requested a combined level of approximately $1.55 billion in awards, which is more than three times the amount of available funding and clearly demonstrates the need to deploy capital into economically underserved communities nationwide.
: Updates
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) and Office of Civil Rights and Equal Employment Opportunity (OCRE) will conduct a live webinar to assist organizations in understanding the requirements of the CDFI Fund’s Title VI Compliance Worksheet (Worksheet). This webinar will be held to discuss the elements of the Worksheet, including Civil Rights Complaints, Notice of Rights, Language Assistance Plan, Sub-Recipient Communication and Board Composition.
Requests for Comments