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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 31, 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><hr /><p><i style="font-size:11px;">This post was updated on February 14, 2019 to reflect the correct deadline for CDFIs with a fiscal year-end date between September 30, 2018 and January 31, 2019.</i></p>2018-12-18T05:00:00ZUpdates

 

 

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