News & Events

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Update for 2017 CDFI Bond Guarantee Program Applicants: Application Workshop and Deadlineshttps://www.cdfifund.gov/Lists/CDFI News/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=242Update for 2017 CDFI Bond Guarantee Program Applicants: Application Workshop and Deadlines<p>To prepare potential applicants for the fiscal year (FY) 2017 round of the CDFI Bond Guarantee Program, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has announced that it will conduct one (1) two-day workshop for potential applicants on February 22 & 23, 2017 at the Office of the Comptroller of the Currency, 400 7th Street, SW, Washington, DC 20219. </p><p>The workshop will expand the CDFI industry’s knowledge of the CDFI Bond Guarantee Program and will provide information about the application process, including the review and evaluation of applications. It will cover the following topics: Introduction to the CDFI Bond Guarantee Program, General Recourse-Secured Structure, Case Study, and Applications Overview. In addition, certification, capitalization, and structuring requirements for Qualified Issuers that wish to use an alternative financing structure during the FY 2017 round of the program will be covered. Specifically, the workshop will include an in-depth discussion of the financial structure of the program, including: </p><ul><li>Roles of the Qualified Issuer, Program Administrator, and Servicer; </li><li>Certification, capitalization, and structuring requirements of the Alternative Financing Structure;</li><li>Capital Distribution Plan requirements;</li><li>Eligible CDFI and Secondary Loan Requirements;</li><li>Costs of the CDFI Bond Guarantee Program;</li><li>Review processes for the Qualified Issuer and Guarantee Applications;</li><li>Reporting; and</li><li>Compliance-related activities. </li></ul><p>Attendees of the workshop will have the opportunity to ask the CDFI Fund staff questions and receive clarification about the topics covered in the workshop.</p><p>Prospective program participants and certified CDFIs are strongly encouraged to attend the workshops. In addition, the CDFI Fund encourages the participation of community development trade groups and associations, and others interested in community economic development finance.</p><p><b>Registration</b></p><p>As the workshop will be held in a secure federal building, registration is required. The workshops are free of charge; however, due to limited space, registration will be honored on a first come, first served basis. Up to fifty (50) potential applicants may attend. The CDFI Fund will release information on how to register for the workshop by January 24, 2017. </p><p>For interested parties unable to attend the in-person application workshop, the presentation materials will be posted to the CDFI Fund’s website, <a href="http://www.cdfifund.gov/bond" target="_blank">www.cdfifund.gov/bond</a>.  </p><p><b>Questions</b></p><p>Questions about the workshops can be directed to the CDFI Fund’s CDFI Bond Guarantee Program Help Desk at <a href="mailto:bgp@cdfi.treas.gov">bgp@cdfi.treas.gov</a> or (202) 653-0421, option 5. Learn more about the CDFI Bond Guarantee Program at <a href="http://www.cdfifund.gov/bond" target="_blank">www.cdfifund.gov/bond</a> or by viewing the program’s <a href="/Documents/CDFI7205_FS_BOND_updatedJan2016.pdf" target="_blank">fact sheet</a>.</p> 2017-01-18T05:00:00ZUpdates242
Preparing for the FY 2017 CDFI Program and NACA Program Application Roundhttps://www.cdfifund.gov/Lists/CDFI News/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=241Preparing for the FY 2017 CDFI Program and NACA Program Application Round<p>The Community Development Financial Institutions Fund (CDFI Fund) is tentatively planning to open the fiscal year (FY) 2017 round of the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) in mid-February, 2017. </p><p>There are significant changes to the FY 2017 application from last year. To help potential applicants prepare as much as possible in advance of the publication of the Notice of Funding Availability (NOFA) in the Federal Register, the CDFI Fund has posted <a href="/programs-training/Programs/cdfi-program/Pages/apply-step.aspx#step2" target="_blank">draft versions of the FY 2017 applications to its website</a>. These versions are similar to the applications<a href="/news-events/news/Pages/news-detail.aspx?NewsID=220" target="_blank"> released for public comment </a>in 2016. Applicants should note that additional changes may still be made to the applications, and that a final version will be made available when the NOFAs are released. Applicants should not use the draft applications to complete their final application submission. <strong> The CDFI Fund will not review any draft application materials that are included in an applicant’s final application submission.</strong></p><p> <b>Save the Date: Application Workshops</b></p><p>The CDFI Fund will provide FY 2017 CDFI Program and NACA Program Application Workshops at its offices in Washington, DC on February 27, 2017, and March 1, 2017. The schedule for the Washington, DC trainings is below:</p><ul><li><p>February 27, 2017, 9:00 a.m. – 12:00 p.m. ET: Financial Assistance Workshop</p></li><li><p>February 27, 2017, 9:00 a.m. – 12:00 p.m. ET: Technical Assistance Workshop</p></li><li><p>February 27, 2017, 2:00 p.m. – 5:00 p.m. ET: Financial Assistance Workshop</p></li><li><p>February 27, 2017, 2:00 p.m. – 5:00 p.m. ET: Technical Assistance Workshop</p></li><li><p>March 1, 2017, 2:00 p.m. – 5:00 p.m. ET: Financial Assistance and Technical Assistance Joint Workshop</p></li></ul><p> <i>*The CDFI Fund may combine the Financial Assistance and Technical Assistance workshops held on February 27, 2017 if attendance does not support separate sessions.</i></p><p>The CDFI Fund may host additional in-person application workshops later in March 2017. More information about all of the workshops, including registration information, will be provided when the NOFA is released. </p><p> <b>Reminder: AMIS, Grants.gov, and SAM.gov Accounts</b></p><p>It is recommended that applicants take available time before the application period opens to confirm that their required accounts are all up-to-date. </p><ul><li><p> <b>AMIS:</b> The CDFI Fund’s Awards Management Information System (AMIS) is an enterprise-wide business system developed to replace a number of legacy systems and to serve as a modern platform to eventually support all CDFI Fund programs through each phase of the programs’ life cycle.</p><p>All Applicants must use AMIS to create, complete, and submit applications materials for the CDFI Program and NACA Program this year. First-time AMIS users may want to create an AMIS account in preparation for the application release. The <a href="https://amis.cdfifund.gov/s/CDFIFundAMIS-QuickStartGuide.pdf?v=1" target="_blank">AMIS Quick Start Guide </a>provides guidance for first-time users on how to create an AMIS account. Please see the NOFAs when they are released for more information on submitting the CDFI Program and NACA Program applications.</p></li><li><p> <b>Grants.gov:</b> In addition to the application materials submitted through AMIS, all Applicants are required to submit a SF-424 electronically through Grants.gov. The SF-424 will be found in Grants.gov under the funding opportunity number for each program when the NOFA is released. </p><p> <b>Applicants that do not submit an SF-424 electronically through Grants.gov by the stated deadline will not be eligible to submit application materials in AMIS.</b></p></li><li><p> <b>SAM.gov: </b>In order to submit the necessary SF-424 form via Grants.gov, Applicants must have an active System for Awards Management (SAM) account. Each Applicant is advised to first make sure its SAM.gov account is active and valid before beginning its preparation of the other Application materials in Grants.gov or AMIS. First time Applicants may need to create SAM.gov or Grant.gov accounts. Applicants with existing SAM.gov accounts should check to make sure their accounts are active and up-to-date as these accounts may expire. Applicants should allow ample time to complete the entire registration and submission process well in advance of the application deadline. The SAM.gov website is <a href="http://www.sam.gov/" target="_blank">www.SAM.gov</a>.  </p></li></ul><p>To learn more about the CDFI Program and NACA Program, visit <a href="http://www.cdfifund.gov/cdfi" target="_blank">www.cdfifund.gov/cdfi</a> and <a href="http://www.cdfifund.gov/native" target="_blank">www.cdfifund.gov/native</a>. Any questions can be directed to the Help Desk at <a href="mailto:cdfihelp@cdfi.treas.gov">cdfihelp@cdfi.treas.gov</a> or by calling (202) 653-0421.</p>2017-01-17T05:00:00ZUpdates241
A Public Meeting of the CDFI Fund's Advisory Board will be Held on January 30, 2017 Via Telephonehttps://www.cdfifund.gov/Lists/CDFI News/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=240A Public Meeting of the CDFI Fund's Advisory Board will be Held on January 30, 2017 Via Telephone<p>The next meeting of the Community Development Advisory Board (the Advisory Board), which provides advice to the Director of the Community Development Financial Institutions Fund (CDFI Fund), will be from 2:00 to 3:00 p.m. Eastern Standard Time on Monday, January 30, 2017. The meeting will be conducted via telephone.</p><p>The Advisory Board meeting will include (i) a presentation to the Advisory Board by an Advisory Board subcommittee on a plan to promote the knowledge and utilization of the Access to Capital and Credit in Native Communities report and (ii) deliberation on the recommendations therein. Public participation will be limited to 50 individual phone lines. Notification of intent to attend the meeting must be made via email to advisoryboard@cdfi.treas.gov. The CDFI Fund will send confirmation of attendance and instructions on accessing the meeting to the first 50 individuals who submit notifications of intent.</p><p>Participation in the discussions at the meeting will be limited to Advisory Board members and Department of the Treasury staff. Anyone who would like to have the Advisory Board consider a written statement must submit it by 5:00 p.m. Eastern Standard Time on Monday, January 23, 2017. Send paper statements to Bill Luecht, Senior Advisor, Office of Legislative and External Affairs, CDFI Fund, 1500 Pennsylvania Avenue, NW, Washington, DC 20220. Send electronic statements to <a href="mailto:advisoryboard@cdfi.treas.gov">advisoryboard@cdfi.treas.gov</a>. </p><p>For further information, contact Bill Luecht by email at <a href="mailto:advisoryboard@cdfi.treas.gov">advisoryboard@cdfi.treas.gov</a> or by calling (202) 653-0322 (this is not a toll free number).</p> <b>Related Links:</b> <ul><li><p><a href="https://s3.amazonaws.com/public-inspection.federalregister.gov/2017-00649.pdf" target="_blank">Meeting Notice</a></p></li></ul> 2017-01-12T05:00:00ZUpdates240

 Upcoming Events

 

 

CDFI Certitification Conference Callhttps://www.cdfifund.gov/Lists/CDFI Events/DispForm.aspx?ID=40CDFI Certitification Conference Call2017-01-19T20:00:00Z2017-01-19T21:00:00ZConference Call0x01020041E1D5678A3CED4385147CFE255D181700355905A9067BF24DA9A2A59A2925ED6640
CDFI Certification Conference Callhttps://www.cdfifund.gov/Lists/CDFI Events/DispForm.aspx?ID=41CDFI Certification Conference Call2017-02-16T20:00:00Z2017-02-16T21:00:00ZConference Call0x01020041E1D5678A3CED4385147CFE255D181700355905A9067BF24DA9A2A59A2925ED6641
CDFI Certification Conference Callhttps://www.cdfifund.gov/Lists/CDFI Events/DispForm.aspx?ID=73CDFI Certification Conference Call2017-03-16T19:00:00Z2017-03-16T20:00:00ZConference Call0x01020041E1D5678A3CED4385147CFE255D181700355905A9067BF24DA9A2A59A2925ED6673

 Message from the Director

 

 

Impact and Excellence for the Next Five Yearshttps://www.cdfifund.gov/Lists/CDFI Director Message/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI Director Message/DispForm.aspx?ID=23Impact and Excellence for the Next Five YearsI’m very pleased to release the CDFI Fund’s new five-year Strategic Plan: Impact and Excellence. You can read it here. As you’ll see, the strategic plan is concise—just 12 pages. However, it’s the product of an intensive process of reflection and discussion that has spanned more than 18 months.2016-10-27T04:00:00Z0x0100178F0095A2AE7A4FBED67E33256F670E09005004FBF960B69843845A526DE49ACC0223

Media ResourcesMembers of the media seeking information about the CDFI Fund including images, quotes, or interviews, should contact Bill Luecht at (202) 653-0300.

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 Publications

 

 

2015-2016 New Markets Tax Credits Award Bookhttps://www.cdfifund.gov/Documents/Forms/AllItems.aspxFINAL 2015 2016 NMTC Award Book Nov2016.pdf2015-2016 New Markets Tax Credits Award Book0x010100ED4B65E0AC657946A816EE9BBFD5AE1202007DB144602AC1DA428E702BE31425F1391387
CDFI Fund Strategic Plan FY 2017-2022https://www.cdfifund.gov/Documents/Forms/AllItems.aspxFinal Strategic Plan 102516.pdfCDFI Fund Strategic Plan FY 2017-2022<img alt="" src="/SiteCollectionImages/PublicationImages/Final%20Strategic%20Plan%20Cover%20102516.jpg" style="BORDER:0px solid;" />0x010100ED4B65E0AC657946A816EE9BBFD5AE1202007DB144602AC1DA428E702BE31425F1391332

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 Speeches & Testimony

 

 

Keynote Address by Director Annie Donovan at the 2016 Opportunity Finance Networkhttps://www.cdfifund.gov/Lists/CDFI Speeches Testimony/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI Speeches Testimony/DispForm.aspx?ID=48Keynote Address by Director Annie Donovan at the 2016 Opportunity Finance Network2016-10-26T04:00:00Z0x0100178F0095A2AE7A4FBED67E33256F670E0600A0AE5DBD132CE64193041DB75588FD6248
Keynote Address by Director Annie Donovan at the 2016 CDFI Coalition Institutehttps://www.cdfifund.gov/Lists/CDFI Speeches Testimony/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI Speeches Testimony/DispForm.aspx?ID=47Keynote Address by Director Annie Donovan at the 2016 CDFI Coalition Institute2016-03-09T05:00:00Z0x0100178F0095A2AE7A4FBED67E33256F670E0600A0AE5DBD132CE64193041DB75588FD6247