The revised CDFI Certification Application is now available for submission in the Community Development Financial Institutions Fund’s Awards Management Information System (AMIS).
CDFI Fund Hosting Application Webinars on December 19 and 20, 2023
The Community Development Financial Institutions Fund (CDFI Fund) will host the following webinars in December for fiscal year (FY) 2024 Community Development Financial Institutions Program (CDFI Program) and Native CDFI Assistance (NACA Program) Round applicants:
Are you the Authorized Representative of either a Certified Community Development Financial Institution (CDFI) or an organization that has received a Community Development Financial Institutions Fund (CDFI Fund) Award and/or Allocation? If so, to maintain your organization’s CDFI Certification status, you must submit the Annual Certification and Data Collection Report (ACR).
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2024 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) today.
The virtual meeting of the Community Development Advisory Board scheduled for next Tuesday, November 28, 2023, at 2:00 p.m. Eastern Time is being postponed to a later date to be determined.
The meeting was announced in the Federal Register of November 13, 2023. A future meeting date will be announced in the Federal Register at least 15 days before the rescheduled meeting.
The Community Development Financial Institutions Fund (CDFI Fund) has provided an updated Compliance Frequently Asked Questions (FAQs) document for the New Markets Tax Credit Program (NMTC Program) on its website.
The Community Development Financial Institutions Fund (CDFI Fund) is convening a public meeting of the Community Development Advisory Board (the Advisory Board) from 2:00 to 4:00 p.m. Eastern Standard Time on Tuesday, November 28, 2023. This meeting will be conducted virtually.
$5 Billion in Allocation Authority Available
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2024 funding round for the Small Dollar Loan Program (SDL Program) today. SDL Program funding is intended to expand consumer access to financial institutions by providing alternatives to high-cost small dollar lending.
It’s not every day that hundreds of Community Development Financial Institutions (CDFIs) and mission-driven lenders gather in the CDFI Fund’s neighborhood! We would like to take this opportunity to connect with you at the conference.
The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded 52 organizations $321.2 million today for the development of affordable housing and community facilities serving low-income individuals, families, and communities.
Training manual and FAQs document on CDFI Fund website
Washington, DC - U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today that Treasury has agreed to issue three guarantees totaling $300 million under the Community Development Financial Institution (CDFI) Bond Guarantee Program.
As the Federal Audit Clearinghouse (FAC) moves from the U.S. Census Bureau (Census) to the General Services Administration (GSA), the FAC wants to ensure that auditees and auditors are fully updated on key information regarding this transition.
Awards will Spur Economic and Community Development in Low-Income Urban and Rural Communities Nationwide
Recipients Collectively Increased Lending and Services to Nation’s Most Distressed Areas by over $970 million
Are you the Authorized Representative of either a Certified Community Development Financial Institution (CDFI) or an organization that has received a Community Development Financial Institutions Fund (CDFI Fund) Award and/or Allocation?
FY 2023 Disbursement and active Award Recipients must submit the SF-425 by October 15, 2023
The SF-425 Federal Financial Report is now available for submission in the Community Development Financial Institutions Fund’s (CDFI Fund’s) Awards Management Information System (AMIS).
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released today updated Eligibility Data for the New Markets Tax Credit Program (NMTC Program).
Receive a disbursement from the CDFI Fund in FY 2023? Have an active CDFI Fund award in FY 2023?
The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) today released a summary report and data collected on all New Markets Tax Credit (NMTC) investments across the nation through the fiscal year (FY) 2021 reporting period.
Nearly $1.05 Billion in Increased Investments, Lending and Services in Highly Distressed Communities and to CDFIs
Award applicants required to complete a new Title VI Compliance Worksheet
The meeting of the Community Development Advisory Board (the Advisory Board) originally scheduled for July 7, 2023, has been rescheduled for Monday, July 31, 2023, at 2:00 p.m. Eastern Time. This meeting will be conducted virtually.
The recently established CDFI Certification Subcommittee will present its official recommendations during this public meeting.
The virtual meeting of the Community Development Advisory Board scheduled for this Friday, July 7, 2023 at 10:00 a.m. Eastern Time is being postponed to a later date to be determined.
The Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) requests public comments on how it can enhance and improve the impact of the Capital Magnet Fund (CMF), streamline or minimize the administrative burden on CMF Applicants and Award Recipients, as well as safeguard public funds.
The Community Development Financial Institutions Fund (CDFI Fund) is releasing fiscal year (FY) 2021 data, which was reported in FY 2022 by active Community Development Financial Institutions (CDFI) Program and Native American Community Assistance (NACA) Program Financial Assistance (FA) Recipients via the CDFI Fund’s data collection system, known as the Annual Compliance and Performance Report
Recognizing the importance of Certification as a Community Development Financial Institution (CDFI) and the Community Development Financial Institutions Fund’s (CDFI Fund’s) efforts to revise the CDFI Certification Application, the Chair of the Community Development Advisory Board recently established a subcommittee to provide current members of the Advisory Board an opportunity to remark on th
On June 15, 2023, the Community Development Financial Institutions Fund (CDFI Fund) released a Sources Sought Notice for a multi-year evaluation of the CDFI Fund’s CDFI Rapid Response Program (CDFI RRP), CDFI Equitable Recovery Program (CDFI ERP), and the U.S. Department of the Treasury’s (Treasury) Emergency Capital Investment Program (ECIP).
Are you the Authorized Representative of either a Certified Community Development Financial Institution (CDFI) or an organization that has received a Community Development Financial Institutions Fund (CDFI Fund) Award and/or Allocation?
The U.S. Department of Treasury (Treasury) is looking for exceptional leaders with the ability to a serve as Director of the Community Development Financial Institutions Fund (CDFI Fund).
The Community Development Financial Institutions Fund (CDFI Fund) will be conducting a Q&A webinar session on how to complete and submit Transaction Level Reports (TLRs) in the Awards Management Information System (AMIS). During this session, entities will have the opportunity to ask any TLR related questions ahead of the June 30, 2023 submission deadline.
On March 31, 2023, the Community Development Financial Institutions Fund (CDFI Fund) announced the publication of the Fiscal Year (FY) 2023 Bank Enterprise Award Program (BEA Program) Notice of Funds Availability (NOFA) with a deadline for submitting a FY 2023 BEA Program Application in the Awards Management Information System (AMIS), the CDFI Fund’s web-based portal, by 5:00 p.m.
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) 2023 round of its Capital Magnet Fund (CMF) program. A total of 144 organizations submitted applications requesting more than $1.1 billion in funding.
CDFI Fund expects to open the new CDFI Certification process in the Fall of 2023 after revising the CDFI Certification Application
The Community Development Financial Institutions Fund (CDFI Fund) has posted on its website a revised Supplemental Guidance and Frequently Asked Questions (FAQs) document and Application Guidance document related to the fiscal year (FY) 2023 Bank Enterprise Award Program (BEA Program) Application round. Revised information is highlighted in green in these documents.
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today opened the fiscal year (FY) 2023 application period for the CDFI Bond Guarantee Program. A total of up to $500 million in bond guarantee authority is available for Eligible Community Development Financial Institutions (Eligible CDFIs) in FY 2023.
Funding will aid those communities experiencing disproportional economic effects of the pandemic
Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2023 funding round for the Bank Enterprise Award Program (BEA Program).
In June 2022, the Community Development Financial Institutions Fund (CDFI Fund) announced a plan for releasing updated program eligibility information based upon Census Bureau data from the American Community Survey (ACS) 2016-2020 5-year data series.
The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently, the Community Development Financial Institutions Fund (CDFI Fund), U.S.
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today that it received 197 applications for the calendar year (CY) 2022 round of the New Markets Tax Credit Program (NMTC Program).
Are you the Authorized Representative of an organization that has received a Community Development Financial Institutions Fund Award (CDFI Fund) Award and/or Allocation? If so, don’t forget that in order to maintain compliance with your Assistance and/or Allocation Agreement(s) you must complete and submit the annual compliance report(s) as specified in your agreement(s).
As a reminder for fiscal year (FY) 2023 Capital Magnet Fund applicants, the deadline to submit the complete FY 2023 Capital Magnet Fund Application through the Awards Management Information System (AMIS) is March 21, 2023 at 11:59 p.m. Eastern Time (ET).
The Community Development Financial Institutions Fund (CDFI Fund) has released updated information for Certified Community Development Financial Institutions (CDFIs) regarding the 2023 reporting round for the Annual Certification and Data Collection Report (ACR).
Input Needed on Revised FY 2023-2025 Financial Assistance and Technical Assistance Applications
Washington, DC - The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 252 Community Development Financial Institutions (CDFIs) $194.1 million in Financial Assistance (FA) awards today.
The Community Development Financial Institutions Fund (CDFI Fund) has provided an updated Frequently Asked Questions (FAQ) page for the CDFI Certification Blackout Period on its website. It supersedes the FAQ page published July 2022 by adding, revising, or updating select questions from the earlier edition. Updates include:
As a reminder for fiscal year (FY) 2023 Capital Magnet Fund applicants, the deadline for online submission of the SF-424 Mandatory through Grants.gov is February 23, 2023 at 11:59 p.m. Eastern Time (ET). The deadline for online submission of the rest of the application materials through the CDFI Fund’s Awards Management Information System (AMIS) is March 21, 2023 at 11:59 p.m. ET.
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) is soliciting public comment on changes to the New Markets Tax Credit Program (NMTC Program) Transaction Level Report (TLR).
The Community Development Financial Institutions Fund (CDFI Fund) is convening a meeting of the Community Development Advisory Board (the Advisory Board) from 2:00 to 4:00 p.m. Eastern Time on Tuesday, February 28, 2023. This meeting will be conducted virtually.
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) 2022 round of its CDFI Equitable Recovery Program (CDFI ERP).
As part of its continuing effort to reduce paperwork and to increase speed of response, the Community Development Financial Institutions Fund (CDFI Fund) is providing updated contact information for the submission of Community Development Financial Institution (CDFI) audit confirmation requests.
Additional Time Needed for CDFI Fund to Consider Robust Response to Recent Application Revisions
Today the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2023 funding round for the Capital Magnet Fund.
CDFI Fund Website Services Outage Notification: CIMS4 Unavailable Beginning 10 a.m. ET on January 14, 2023
BEA Program Eligibility and CDFI Program Investment Areas Revised with Data Release
The revised CDFI Certification Application is now available for submission in the Community Development Financial Institutions Fund’s Awards Management Information System (AMIS).
CDFI Fund Hosting Application Webinars on December 19 and 20, 2023
The Community Development Financial Institutions Fund (CDFI Fund) will host the following webinars in December for fiscal year (FY) 2024 Community Development Financial Institutions Program (CDFI Program) and Native CDFI Assistance (NACA Program) Round applicants:
Are you the Authorized Representative of either a Certified Community Development Financial Institution (CDFI) or an organization that has received a Community Development Financial Institutions Fund (CDFI Fund) Award and/or Allocation? If so, to maintain your organization’s CDFI Certification status, you must submit the Annual Certification and Data Collection Report (ACR).
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2024 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) today.
The virtual meeting of the Community Development Advisory Board scheduled for next Tuesday, November 28, 2023, at 2:00 p.m. Eastern Time is being postponed to a later date to be determined.
The meeting was announced in the Federal Register of November 13, 2023. A future meeting date will be announced in the Federal Register at least 15 days before the rescheduled meeting.
The Community Development Financial Institutions Fund (CDFI Fund) has provided an updated Compliance Frequently Asked Questions (FAQs) document for the New Markets Tax Credit Program (NMTC Program) on its website.
The Community Development Financial Institutions Fund (CDFI Fund) is convening a public meeting of the Community Development Advisory Board (the Advisory Board) from 2:00 to 4:00 p.m. Eastern Standard Time on Tuesday, November 28, 2023. This meeting will be conducted virtually.
$5 Billion in Allocation Authority Available
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2024 funding round for the Small Dollar Loan Program (SDL Program) today. SDL Program funding is intended to expand consumer access to financial institutions by providing alternatives to high-cost small dollar lending.