News

CDFI Publish Date
CDFI Fund Opens Application Period for FY 2020 CDFI Bond Guarantee Program

Today, the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2020 application period for the CDFI Bond Guarantee Program. A total of up to $500 million in guarantee authority is available to Eligible Community Development Financial Institutions (Eligible CDFIs) in FY 2020.

FY 2020 CDFI Program and NACA Program Round Open for Applications

Today, the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2020 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program).

CDFI Fund Releases Application Demand for 2019 Round of NMTC Program

The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) announced today that it received a total of 206 applications under the 2019 round of the New Markets Tax Credit Program (NMTC Program).

U.S. Treasury Awards More Than $188 Million to Support CDFI Investment in Low-Income and Distressed Communities

Washington - The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded 284 Community Development Financial Institutions (CDFIs) $188.7 million in Financial Assistance (FA) awards today.

Treasury Guarantees $100 Million in CDFI Bond Funding

Over $1.6 Billion Guaranteed for Projects in Distressed Communities since Establishment of Program

CDFI Fund Releases Application Demand for FY 2019 Round of Capital Magnet Fund

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) 2019 round of its Capital Magnet Fund program. A total of 113 organizations submitted applications requesting more than $522 million in funding. The applicants propose to serve 49 states, the District of Columbia, and Puerto Rico.

U.S. Treasury Announces FY 2019 CDFI Program and NACA Program Technical Assistance Awards

Washington - The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded 73 organizations more than $9.16 million in awards today.

CDFI Fund Awards $25 Million to Banks that Increased Investments in Severely Distressed Communities

Over Half Billion Dollars has now been awarded through the Bank Enterprise Awards Program

CDFI Fund Opens CY 2019 Round of New Markets Tax Credit Program

The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) released today the Notice of Allocation Availability (NOAA) for the calendar year (CY) 2019 round of the New Markets Tax Credit Program (NMTC Program). The NOAA makes up to $3.5 billion in tax credit allocation authority available for the CY 2019 round.