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FY 2020 CDFI Bond Guarantee Program Application Workshop Registration Now Openhttps://www.cdfifund.gov/Lists/CDFI News/DispForm.aspx?ID=368FY 2020 CDFI Bond Guarantee Program Application Workshop Registration Now Open<p>In anticipation of the fiscal year (FY) 2020 round of the CDFI Bond Guarantee Program, which is expected to launch early this spring, the CDFI Fund and the Federal Reserve Bank of Chicago will co-sponsor one (1) two-day workshop for potential applicants on the Qualified Issuer and Guarantee Application requirements. This workshop will cover the basics of the program and is appropriate for groups considering applying this year as well as those considering applying to the program in the future. The presentations will include a review of the CDFI Bond Guarantee Program’s structure and in-depth discussions on the following topics:</p><ul><li><p>Roles of the Qualified Issuer, Program Administrator, and Servicer;</p></li><li><p>Program eligibility;<br></p></li><li><p>Certification, capitalization, and structuring requirements of the Alternative Financing Structure and the Approved Financing Entity;</p></li><li><p>Capital Distribution Plan requirements;</p></li><li><p>Secondary Loan Requirements;</p></li><li><p>Program costs;</p></li><li><p>Qualified Issuer and Guarantee Application review processes;</p></li><li><p>Rural Infrastructure;</p></li><li><p>Credit Enhancements;</p></li><li><p>Post-issuance reporting requirements; and</p></li><li><p>Compliance-related responsibilities and activities.</p></li></ul><p>Attendees will be provided ample opportunity to ask the CDFI Fund staff questions, and receive clarification about workshop material.</p><p>As the workshops will be held in a secure federal building, registration is required. The workshop is free of charge; however, due to limited space, registration will be honored on a first come, first served basis. Up to sixty (60) participants may attend.</p><p> <b>WHAT: </b> Qualified Issuer and Guarantee Application Workshop</p><p> <b>WHEN: </b> March 26 & 27, 2020</p><p>The first day of the workshop will include: Introduction to the CDFI Bond Guarantee Program, Program Requirements, Structure, and Participants, Qualified Issuer Application and Evaluation Process, Guarantee Application and Evaluation Process, Application and Closing Timelines, and Program Reporting Requirements. The second day will include: CDFI Bond Guarantee Program General Recourse Secured Structure Discussions, including Approved Financing Entity and Alternative Financing Structure Application Overviews; Financing in Rural Communities and use of the Rural Infrastructure Lending Asset Class as well as a discussion of the Post-Issuance Requisition Process.</p><p> <b>TIME: </b> 9:00 a.m. to 5:00 p.m. on Thursday, March 26th and 9:00 a.m. to 3:00 p.m. on Friday, March 27th. There is a 60-minute break each day for lunch, which is not provided.</p><p> <b>WHERE: </b> Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604</p><p> <b>REGISTER: </b> Registration for the application workshop <a href="http://www.cvent.com/d/1nql97" target="_blank">is available here</a>.</p><p>For interested parties unable to attend the in-person application workshops, the presentation materials will be posted to the CDFI Fund’s website, <a href="/bond" target="_blank">www.cdfifund.gov/bond</a>, following the workshop.</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 Help Desk at bgp@cdfi.treas.gov. </p><p> <b>Reasonable Accommodations</b></p><p>Requests for reasonable accommodations under Section 504 of the Rehabilitation Act should be directed to Jay Santiago at the CDFI Fund at (202) 653-0300.<br></p> <br> <p><i>This release was updated on February 19, 2020 to clarify that the Federal Reserve Bank of Chicago is a co-sponsor of the workshop.</i></p>2020-02-12T05:00:00ZUpdates

 

 

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