CDFI Publish Date

Washington, DC-Today, the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) announced awards totaling nearly $18 million to 59 FDIC-insured depository institutions for serving economically distressed communities across the nation.

Building upon its commitment to provide extensive trainings and reference materials for Community Development Financial Institutions, the Community Development Financial Institutions Fund added a new Capacity Building Initiative Resource Bank to its website today.

To Our Subscribers:

Earlier today, CDFI Fund Director Donna J. Gambrell sent the following message to CDFIs headquartered in the areas affected by Superstorm Sandy. The CDFI Fund would like to invite all CDFIs and CDEs that have affected communities in their service areas to send us your thoughts as well. Your time and assistance is appreciated.

Washington, DC - The Community Development Financial Institutions Fund (CDFI Fund) is pleased to invite Community Development Financial Institutions (CDFIs) to apply to participate in the Capacity Building Initiative training series Innovations in Small Business Lending.

Washington, DC - The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) announced today that it received a total of 282 applications under the 2012 round of the New Markets Tax Credit Program (NMTC Program).

The Community Development Financial Institutions Fund (CDFI Fund) announced today the launch of a new training and technical assistance series under its Capacity Building Initiative. The Strengthening Small and Emerging CDFIs series will provide specialized training and technical assistance to small and emerging Community Development Financial Institutions (CDFIs), especially

Changes will Promote Greater Investment in Operating Businesses

In an effort to encourage greater investment in non-real estate businesses located in low-income communities, the Internal Revenue Service (IRS) published final regulations for the New Markets Tax Credit Program (NMTC Program) in the Federal Register today, September 28, 2012.

The Community Development Financial Institutions Fund (CDFI Fund) is committed to making its Capacity Building Initiative a comprehensive source of trainings and reference materials for Community Development Financial Institutions (CDFIs). Building upon that commitment, the CDFI Fund has added a new Capacity Building Initiative Resource Bank to its website.

Washington, DC  "Last year I saw first-hand the persistent poverty that exists in many U.S. communities along the Mexico border, so I am very happy to join my partners at HUD and USDA to highlight how important it is to improve the living conditions in that area," said CDFI Fund Director Donna J. Gambrell.