CDFI News

 

 

CDFI Fund Releases Summary Report and Public Data for NMTC Program for FYs 2003-2016https://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=332CDFI Fund Releases Summary Report and Public Data for NMTC Program for FYs 2003-2016<p>The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today released a Summary Report and data collected on New Markets Tax Credit (NMTC) investments across the nation through fiscal year (FY) 2016. 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. These reports must be submitted to the CDFI Fund by the CDEs, along with their audited financial statements, within six months after the end of their fiscal year.</p><p>The Summary Report categorizes all investments utilizing the North American Industry Classification System (NAICS), which is the standard used by Federal statistical agencies to classify businesses. Analysis of NAICS data shows that nearly 69 percent of NMTC investments made through 2016 have been concentrated in single/mixed-use real estate, health care and social assistance, manufacturing, and educational services (see slides 8-12).</p><p>Further, the Summary Report documents: the broad geographic distribution of NMTC investments by region (slides 13-16); the extent that CDEs go beyond the minimum statutory distress requirements of the NMTC Program by committing to serve areas of higher distress, rural areas or targeted populations (slides 17-20); and that CDEs leverage the NMTC to offer financing with flexible or non-traditional rates and terms (slides 21-22). </p><p><b>Related Links:</b></p><ul><li><p><a href="/Documents/NMTC%20Public%20Data%20Release%20112818.pdf" target="_blank">NMTC Public Data Release: 2003-2016 Summary Report</a></p></li><li><p><a href="/Documents/FY%202018%20NMTC%20Public%20Data%20Release.xlsx" target="_blank">NMTC Public Data Release: 2003-2016 Data File</a></p></li></ul><p><b>About the NMTC Program</b></p><p>The NMTC Program enables economically distressed communities to leverage private investment capital by providing investors with a federal tax credit. All NMTC investments must meet statutory qualifications for their investors to be able to claim the tax credit. The vast majority of NMTC investments are made within statutorily defined “Low-Income Communities.” Low-Income Communities are census tracts with a poverty rate of 20 percent or greater, or a median family income at or below 80 percent of the applicable area median family income. In addition to investments located in Low-Income Communities, investments can qualify for NMTCs by using other statutory provisions designed to target certain areas or populations, including provisions for Rural Counties, and Low-Income Targeted Populations.</p><p>Through the first 14 application rounds of the NMTC Program, the CDFI Fund has made 1,105 awards, allocating a total of $54 billion in tax credit authority to CDEs through a competitive application process. This $54 billion includes $3 billion in Recovery Act allocations and $1 billion of special allocation authority to be used for the recovery and redevelopment of the Gulf Opportunity Zone.</p><p>To learn more about the NMTC Program, please view the Fact Sheet or visit the NMTC Program webpage on the CDFI Fund’s website at www.cdfifund.gov/nmtc. </p> 2018-12-18T05:00:00ZUpdates332
CDFI Fund Revises ACR Reporting Deadlineshttps://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=333CDFI Fund Revises ACR Reporting Deadlines<p><i>​​Annual Certification and Data Collection Reports now Due 90 Days after Organizational Fiscal Year-end </i></p><p>The U.S. Treasury Department’s Community Development Financial Institutions Fund (CDFI Fund) is revising the due dates for certified community development financial institutions (CDFIs) to submit their required Annual Certification and Data Collection Reports (ACRs).</p><p>Certified CDFIs are required to submit ACRs on an annual basis. CDFIs will now be required to submit their ACR within 90 days of the end of their organization’s fiscal year. Effective immediately for: </p><ul><li><p><b>CDFIs with a fiscal year-end date between September 30, 2018 and January 31, 2019:</b> ACRs will be due to the CDFI Fund no later than March 30, 2019; and</p></li><li><p><b>CDFIs with a fiscal year-end that occurs after January 31, 2019:</b> ACRs will be due 90 days from the date of their fiscal year-end (<em>i.e. CDFIs with a fiscal year that ends on February 28, 2019 must submit their ACR no later than May 29, 2019</em>). </p></li></ul><p>ACRs must be submitted in the CDFI Fund’s Awards Management Information System (AMIS). The CDFI Fund is currently in the process of revising the ACR submission form in AMIS and it will be available for use January 31, 2019. The CDFI Fund will send an additional notification and updated guidance information once the ACR is available for submission in AMIS.</p><p>Those organizations certified during fiscal year 2019 will not be required to submit the ACR until the 2020 reporting cycle.</p><p>Questions regarding CDFI Certification may be directed to the CDFI Fund by e-mail to <a href="mailto:ccme@cdfi.treas.gov">ccme@cdfi.treas.gov</a>; via an AMIS Service Request; or by phone to (202) 653-0423. </p>2018-12-18T05:00:00ZUpdates333
CDFI Fund Releases Application Demand for FY 2018 Round of Capital Magnet Fundhttps://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=331CDFI Fund Releases Application Demand for FY 2018 Round of Capital Magnet Fund<p>The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released today the application data for the fiscal year (FY) 2018 round of its Capital Magnet Fund program. A total of 116 organizations submitted eligible applications requesting more than $570 million in funding. The applicants propose to serve 49 states, the District of Columbia, and Puerto Rico. 57 percent of the applicants are certified Community Development Financial Institutions (CDFIs), and the remaining 43 percent of the applicants are non-profit affordable housing organizations. </p><p>Through the Capital Magnet Fund, the CDFI Fund competitively awards funds to CDFIs and qualified non-profit housing organizations. These awards can be used to finance affordable housing activities, as well as related economic development activities and community service facilities. The Capital Magnet Fund aims to attract private capital to economically distressed communities, including underserved rural areas. Funding for the Capital Magnet Fund comes from allocations made by the Government-Sponsored Enterprises Fannie Mae and Freddie Mac and varies from year to year. Approximately $143 million is available for awards for the FY 2018 round.</p><p>The FY 2018 application period closed on September 17, 2018. The CDFI Fund currently expects to announce the awards in early 2019. For more information about the Capital Magnet Fund, visit the CDFI Fund’s website at <a href="http://www.cdfifund.gov/cmf" target="_blank">www.cdfifund.gov/cmf</a>. </p> 2018-11-27T05:00:00ZUpdates331
Update for FY 2019 CDFI Bond Guarantee Program Applicants: Applications Now Available in AMIShttps://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=330Update for FY 2019 CDFI Bond Guarantee Program Applicants: Applications Now Available in AMIS<p>The electronic applications for the fiscal year (FY) 2019 round of the CDFI Bond Guarantee Program are now available in the Community Development Financial Institutions Fund’s (CDFI Fund’s) Awards Management Information System (AMIS). </p><p>In addition, the CDFI Fund has posted a PDF version of the Qualified Issuer and Guarantee applications along with an AMIS Bond Guarantee Program User Guide to its website. Links to the PDF applications and guide can be found on the CDFI Bond Guarantee Program webpage (www.cdfifund.gov/bond) under the ‘How To Apply’ section by clicking on <a href="/programs-training/Programs/cdfi-bond/Pages/apply-step.aspx#step2">Step 2: Apply</a>. Please note that the PDF applications are for reference only. Organizations must use the AMIS Bond Guarantee interface to submit Qualified Issuer and Guarantee Applications, using guidance provided in the above mentioned documents.</p><p> <b>Reminder about Deadlines</b></p><p>Please refer to the NOGA and application instructions for detailed information regarding the following application deadlines.</p><ul><li><p>CDFI Certification Applications must be submitted through AMIS by 11:59 p.m. EST on December 3, 2018. </p></li><li><p>Qualified Issuer Applications must be submitted through AMIS by 11:59 p.m. EST on February 19, 2019.</p></li><li><p>Guarantee Applications must be submitted through AMIS by 11:59 p.m. EST on February 26, 2019.</p></li><li><p>The last day the CDFI Fund will accept questions regarding the FY 2019 application period for the CDFI Bond Guarantee Program is February 12, 2019, at 11:59 p.m. EST. All questions must be submitted electronically to the program office at bgp@cdfi.treas.gov.</p></li></ul><p> <b>Reminder about Conference Calls</b></p><p>To provide a forum for applicants of the CDFI Bond Guarantee Program to ask questions, the CDFI Fund will conduct two one-hour conference calls in December. The calls are not application workshops or trainings, and no presentations will be given during the calls; only questions from potential applicants will be addressed. Advance registration is not required to attend.</p><p> <i>Dates and Times:</i><br> Tuesday, December 11, 2018 from 3:00 to 4:00 p.m. EST<br> Thursday, December 13, 2018 from 10:00 to 11:00 a.m. EST</p><p> <i>Call-In Number:</i><br> 1-866-556-1099</p><p><i>Participant Passcode:</i><br> 2598147</p><p>The call-in phone number and passcode are the same for both conference calls.</p><p> <b>Questions</b></p><p>For more information about the CDFI Bond Guarantee Program, please visit www.cdfifund.gov/bond, or email the CDFI Fund’s Help Desk at <a href="mailto:bgp@cdfi.treas.gov">bgp@cdfi.treas.gov</a>. </p>2018-11-19T05:00:00ZUpdates330
Annual CIIS Public Data Release on CDFI Program Recipient Reporting https://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=329Annual CIIS Public Data Release on CDFI Program Recipient Reporting <p>​​The Community Development Financial Institutions Fund (CDFI Fund) released today an additional year of data provided by Community Development Financial Institutions (CDFIs) through its data collection system, known as the Community Investment Impact System (CIIS) , representing 14 years of data. The data collected covers fiscal years (FYs) 2003 through 2016. </p><p>The release contains Institution Level Report (ILR) data on 855 CDFIs that have reported to CIIS. In general, these CDFIs have provided information on their operation, financial status, and impact in their communities. A previous data release in 2017 consisted of ILR data on 823 CDFIs that had reported to CIIS from FYs 2003 through 2015.</p><p>Additionally, the CDFI Fund released Transaction Level Report (TLR) data to the public detailing how CDFIs provide loans and investments in low-income communities. The data file includes the features and location of over 500,000 individual loans and investments totaling more than $39 billion made by 461 CDFIs. A previous data release in 2017 consisted of TLR data on 433 CDFIs that had reported to CIIS from FY 2003 through 2015.</p><p><b>Data Background</b></p><p>As part of compliance requirements, award recipients under the Community Development Financial Institutions Program (CDFI Program) are required to submit information through CIIS within six months after the close of their fiscal year. This includes the Institution Level Report (ILR) and the Transaction Level Report (TLR). The ILR release includes a total of 203 variables and 4,115 observations describing CDFIs’ profiles such as the ethnic and geographic areas that a CDFI had served, staffing levels, financial status, and services and training provided. </p><p>The TLR release includes a total of 50 variables and 513,705 observations detailing CDFIs’ financing activities in an area, including loan or investment structure and location. Documentation of the data is provided in several reports detailing the CIIS CDFI Program data. All ILR and TLR data released to the public are masked to protect the identity of individual CDFIs.</p><p><b>2018 CDFI Program CIIS Data Release (Data Reported Through FY 2016):</b></p><ul><li><p><a href="/Documents/CDFI%20Performance%20Data-10-15-18%20FINAL%20508%20compliant.pdf" target="_blank">2018 CDFI Program and NACA Program Data Release Snapshot Presentation</a></p></li><li><p><a href="/Documents/FY%202016%20Data,%20Documentation,%20Instructions.zip" target="_blank">2018 CDFI Program and NACA Program Data Release Data, Documentation and Instructions (.zip)</a></p></li><p> </p></ul>2018-11-08T05:00:00ZUpdates329
FY 2019 CDFI Bond Guarantee Program Application Period Now Openhttps://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=328FY 2019 CDFI Bond Guarantee Program Application Period Now Open<p>The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today opened the fiscal year (FY) 2019 application period for the CDFI Bond Guarantee Program. </p><p>The CDFI Bond Guarantee Program responds to the critical market demand for long-term, low-cost capital that can be used to spur economic growth in low-income communities.</p><p>Through the CDFI Bond Guarantee Program, the CDFI Fund enables Qualified Issuers to issue bonds that have maturity dates of up to 29.5 years and are fully guaranteed by the federal government. The Qualified Issuer then sells the bonds to the Federal Financing Bank, a division of the Treasury Department, and uses the bond proceeds to make long-term loans at affordable rates to community development financial institutions (CDFIs). </p><p>The CDFIs then finance or refinance new or existing community development projects such as the development of small businesses, commercial real estate, housing units, charter schools, daycare or healthcare centers, and municipal infrastructure. In addition, CDFIs may use the capital to extend credit to other community development borrowers or to refinance existing loans at affordable interest rates. </p><p>A total of up to $500 million in bond guarantee authority is available to eligible CDFIs in FY 2019, pending Congressional authorization. Bond issues have a minimum size of $100 million each, up to an aggregate total of $500 million. Multiple CDFIs may pool together in a single $100 million bond issuance provided that each eligible CDFI participates at a minimum of $10 million. </p><p><b>Application Materials </b></p><p>The FY 2019 Notice of Guarantee Availability (NOGA), which was published in the Federal Register today, in addition to some of the required application materials are available on the CDFI Fund’s website at <a href="http://www.cdfifund.gov/bond">www.cdfifund.gov/bond</a> under the ‘How To Apply’ section by clicking <a href="/programs-training/Programs/cdfi-bond/Pages/apply-step.aspx#step2" target="_blank">Step 2: Apply</a>. </p><p>By November 19, 2018, the CDFI Bond Guarantee Application and Application Instructions will be made available through the CDFI Fund’s Award Management Information System (AMIS). </p><p>Please note that there have been no significant changes to the application materials, aside from changing deadlines, since the FY 2018 round.</p><p><b>Deadlines</b></p><p>Please refer to the NOGA and application instructions for detailed information regarding the following application deadlines.</p><ul><li><p>CDFI Certification Applications must be submitted through AMIS by 11:59 p.m. EST on December 3, 2018.</p></li><li><p>Qualified Issuer Applications must be submitted through AMIS by 11:59 p.m. EST on February 19, 2019.</p></li><li><p>Guarantee Applications must be submitted through AMIS by 11:59 p.m. EST on February 26, 2019.</p></li><li><p>The last day the CDFI Fund will accept questions regarding the FY 2019 application period for the CDFI Bond Guarantee Program is February 12, 2019, at 11:59 p.m. EST. All questions must be submitted electronically to the program office at <a href="mailto:bgp@cdfi.treas.gov" target="_blank">bgp@cdfi.treas.gov</a>.  </p></li></ul><p>Qualified Issuer Applications and Guarantee Applications received in FY 2018 that were neither withdrawn nor declined in FY 2018 will be considered under the FY 2019 authority. </p><p><b>Learn About Applying to the CDFI Bond Guarantee Program </b></p><p>Also available on the CDFI Fund’s website are prerecorded presentations from previous rounds of the CDFI Bond Guarantee Program. These presentations can be found on the CDFI Bond Guarantee webpage at <a href="http://www.cdfifund.gov/bond" target="_blank">www.cdfifund.gov/bond</a> under the ‘How To Apply’ section by clicking <a href="/programs-training/Programs/cdfi-bond/Pages/apply-step.aspx#step2" target="_blank">Step 2: Apply</a>. </p><p><i>Conference Call Details</i></p><p>To provide a forum for applicants of the CDFI Bond Guarantee Program to ask questions, the CDFI Fund will conduct two one-hour conference calls in December. The calls are not an application workshop or training and no presentation will be given during the calls; only questions from potential applicants will be addressed. Advance registration is not required to attend. </p><p><b>Dates and Times:</b><br> Tuesday, December 11, 2018 from 3:00 to 4:00 p.m. EST <br> Thursday, December 13, 2018 from 10:00 to 11:00 a.m. EST <br> <b>Call-In Number:</b> 1-866-556-1099 <br> <b>Participant Passcode:</b> 2598147</p><p>The call-in phone number and passcode are the same for both conference calls.</p><p><b>Application Workshop </b></p><p>The CDFI Fund will conduct a two-day application workshop for potential applicants regarding the FY 2019 Qualified Issuer and Guarantee Application requirements. Specifically, the workshop will include an in-depth discussion of the financial structure of the program, including:</p><ul><li><p>Roles of the Qualified Issuer, Program Administrator, and Servicer; </p></li><li><p>Certification, capitalization, and structuring requirements of the Alternative Financing Structure;</p></li><li><p>Capital Distribution Plan requirements;</p></li><li><p>Eligible CDFI and Secondary Loan Requirements;</p></li><li><p>Costs of the CDFI Bond Guarantee Program;</p></li><li><p>Review processes for the Qualified Issuer and Guarantee Applications;</p></li><li><p>Reporting; and</p></li><li><p>Compliance-related activities.</p></li></ul><p>The two-day application workshop will be held in January 2019 in Washington, DC. The CDFI Fund will release information on how to register for the workshop in the near future. </p><p><b>Questions </b></p><p>For more information about the CDFI Bond Guarantee Program, please visit <a href="http://www.cdfifund.gov/bond" target="_blank">www.cdfifund.gov/bond</a>, or email the CDFI Fund’s Help Desk at <a href="mailto:bgp@cdfi.treas.gov" target="_blank">bgp@cdfi.treas.gov</a>. </p> 2018-11-05T05:00:00ZUpdates328
CDFI Fund Releases Application Demand for FY 2018 Round of BEA Program https://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=327CDFI Fund Releases Application Demand for FY 2018 Round of BEA Program <h3>Nearly $941 Million in Increased Investments, Lending and Services in Highly Distressed Communities and to CDFIs</h3><br> <p>The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today the application data for the fiscal year (FY) 2018 round of its Bank Enterprise Award Program (BEA Program). A total of 124 applications were received requesting awards of nearly $218.1 million. A total of $25 million is available for this round. BEA Program applicants are headquartered in 24 states and the District of Columbia. </p><p>The BEA Program provides an incentive for FDIC-insured financial institutions to increase lending, investments and financial services (qualified activities) in the most severely economically distressed communities. Under the BEA Program, distressed communities are defined as census tracts where at least 30 percent of residents have incomes that are less than the national poverty level and where the unemployment rate is at least 1.5 times the national unemployment rate.</p><p>The BEA Program requires applicants to demonstrate an increase in qualified activities from one annual reporting period—known as the “baseline period”— to the next—known as the “assessment period”. BEA qualified activities are provided to Community Development Financial Institutions (CDFIs) or residents and businesses located in these economically distressed communities. Award amounts are calculated as a percentage of the increase in qualified activities.</p><p>During the one-year assessment period (January 1, 2017 – December 31, 2017), these 124 applicants collectively reported qualified activities totaling more than $2.1 billion, compared to the nearly $1.2 billion in qualified activities made during the baseline period (January 1, 2016 – December 31, 2016). This represents an overall increase of nearly $941 million in lending, investment and financial services.</p><p>In addition, of the 124 applicants, 89 have made commitments to deploy a portion of their award in Persistent Poverty Counties (PPC). PPCs are counties where 20 percent or more of the population has lived in poverty over the past 30 years, as measured by the U.S. Census Bureau.</p><p>Applications are currently under review and the CDFI Fund anticipates announcing awards this coming winter. </p><p>For more information about the BEA Program, please view the program <a href="/Documents/CDFI7205_FS_BEA_updatedFeb2018.pdf" target="_blank">Fact Sheet </a>or visit the CDFI Fund’s website at <a href="http://www.cdfifund.gov/bea" target="_blank">www.cdfifund.gov/bea</a>. </p>2018-11-02T04:00:00ZUpdates327
CDFI Certification Application Now Available in AMIShttps://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=326CDFI Certification Application Now Available in AMIS<p>In June, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) <a href="/news-events/news/Pages/news-detail.aspx?NewsID=304&Category=Updates" target="_blank">announced</a> that it would not accept new applications for certification as a Community Development Financial Institution (CDFI) for a 90-day period, beginning August 1, 2018. The CDFI Fund needed to temporarily halt the application submission process to implement critical systems changes and transition the CDFI Certification Application to the Awards Management Information System (AMIS). </p><p>Effective November 1, 2018, the CDFI Fund will resume accepting CDFI Certification applications through AMIS . The CDFI Fund has prepared guidance to help applicants become familiar with the new CDFI Certification application interface and guide them through the technical aspects of completion and submission in AMIS. The application and updated application guidance are available on the <a href="/programs-training/certification/cdfi/Pages/default.aspx" target="_blank">CDFI Certification webpage </a>under the ‘How to Apply’ section by clicking on <a href="/programs-training/certification/cdfi/Pages/apply-step.aspx#step1" target="_blank">Step 1: Apply</a>.</p><p>Any questions regarding CDFI Certification should be directed to the Certification, Compliance Monitoring and Evaluation Help Desk via an AMIS Service Request, via e-mail at <a href="mailto:ccme@cdfi.treas.gov" target="_blank">ccme@cdfi.treas.gov</a>, or phone at (202) 653-0421. More information and guidance can be found on the CDFI Fund’s website at <a href="http://www.cdfifund.gov/cdficert" target="_blank">www.cdfifund.gov/cdficert</a>.   </p> 2018-11-01T04:00:00ZUpdates326
Updated CDFI Program Investment Areas and Target Markets Based on 2011-2015 American Community Survey Census Datahttps://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=325Updated CDFI Program Investment Areas and Target Markets Based on 2011-2015 American Community Survey Census Data<p>The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has released updated Investment Areas for the Community Development Financial Institutions Program (CDFI Program). Investment Areas have been revised using the U.S. Census Bureau’s 2011-2015 American Community Survey (ACS) to provide more current socioeconomic and demographic data that reflect changes since the 2006-2010 ACS CDFI Investment Area data was posted.</p><p>The CDFI Fund is renewing the Investment Area data as part of a larger effort to ensure that the data used to determine the eligibility for CDFI Fund programs is current. The CDFI Fund revises program eligibility criteria to coincide with each subsequent full five-year ACS data release. </p><p>There will be a one-year transition period for the updated Investment Area data. New applicants for CDFI certification and those CDFIs reaffirming their Target Markets for the Annual Certification and Data Collection Report (ACR) may use either the 2006-2010 ACS data or 2011-2015 ACS data to identify their Investment Areas and Target Markets until October 1, 2019. After that date, CDFIs must use the 2011-2015 ACS data to identify their Investment Areas and Target Markets. Both sets of Investment Area data for identifying Target Markets are available in the CDFI Fund’s <a href="/Pages/mapping-system.aspx">Community Investment Mapping System (CIMS)</a>. </p><p>To assist CDFIs in this transition, the CDFI Fund has provided an FAQ document that contains information on the updated 2011-2015 ACS data for Investment Areas and Target Markets, as well as an Excel file containing a list of eligible CDFI Investment Area census tracts based on both the 2006-2010 and 2011-2015 ACS. The documents may be found on the CDFI Fund’s website at <a href="http://www.cdfifund.gov/research">www.cdfifund.gov/research</a>, under Program Eligibility Guidance. </p><p><b>Related Documents</b></p><ul><li><p><a href="/Documents/CDFI%20Investment%20Areas%20potential%20FAQs%20FINAL%20100118.pdf" target="_blank">CDFI Investment Area Transition FAQs</a></p></li><li><p><a href="/Documents/CDFI%20Investment%20Areas%20ACS%202011-2015.xlsb" target="_blank">Investment Area Eligibility ACS Data</a></p></li></ul> 2018-10-01T04:00:00ZUpdates325
CDFI Fund Improves CDE Certification Application Processhttps://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=323CDFI Fund Improves CDE Certification Application Process<p>Continuing the modernization of its processes and systems, the Community Development Financial Institutions Fund (CDFI Fund) has improved the Community Development Entity (CDE) Certification Application in its Awards Management Information System (AMIS). The updated application is available now.</p><p>The new user-friendly format of the application in AMIS will provide for ease of completion and submission. Applicants should note that CDE certification criteria and questions are unmodified from the previous application form. </p><p>The CDFI Fund has prepared guidance to help applicants become familiar with the application and guide them through the technical aspects of completion and submission in AMIS. Updated application guidance and a pre-recorded webinar are available on the <a href="/cde" target="_blank">CDE Certification webpage</a> under the ‘How to Apply’ section by clicking on <a href="/programs-training/certification/cde/Pages/apply-step.aspx#step1" target="_blank">Step 1: Apply</a>.</p><p>Any questions regarding CDE Certification should be directed to the Certification and Compliance Help Desk at <a href="mailto:ccme@cdfi.treas.gov" target="_blank">ccme@cdfi.treas.gov</a> or at (202) 653-0423.</p><p>Questions related to the AMIS system can be directed to the Information Technology Support Help Desk through: an AMIS service request; email at <a href="mailto:AMIS@cdfi.treas.gov" target="_blank">AMIS@cdfi.treas.gov</a>; or phone at (202) 653-0422.</p> 2018-09-21T04:00:00ZUpdates323

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