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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
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 all Certified CDFIs still must submit an 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).
: CDFI Certification, Updates
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released a revised Community Development Financial Institution (CDFI) Certification Application Frequently Asked Questions (FAQs) document, Pre-Approved Target Market Assessment Methodology guidance, and an adjusted CDFI Certification Application timeline today.
The FAQs and guidance supersede those published December 07, 2023, by adding, revising, or updating select questions from the earlier editions. Noteworthy updates cover:
: Community Development Advisory Board, Updates
WASHINGTON – Today, President Joe Biden announced the private citizens who will serve on the Community Development Advisory Board (the Advisory Board), a 15-person federal advisory committee to the U.S.
Requests for Comments