News

CDFI Publish Date
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.

CDFI Fund Releases Application Demand for FY 2019 Round of CDFI Program and NACA Program

The fiscal year (FY) 2019 application round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) closed on June 6, 2019. The Community Development Financial Institutions Fund (CDFI Fund) received 546 applications from organizations across the country, requesting a total of $579.54 million.

CDFI Fund Releases Application Demand for FY 2019 Round of BEA Program

Over $428 Million in Increased Investments, Lending and Services in Highly Distressed Communities and to CDFIs

CDFI Fund Opens FY 2019 Capital Magnet Fund Funding Round

The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) opened today the fiscal year (FY) 2019 funding round for the Capital Magnet Fund. 

CDFI Fund Announces $3.5 Billion in New Markets Tax Credits

Awards will Spur Economic and Community Development Nationwide

FY 2019 Funding Round of BEA Program Now Open

The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) today opened the fiscal year (FY) 2019 application round for the Bank Enterprise Award Program (BEA Program).

Apply Now: FY 2019 Funding Round for CDFI Program and NACA Program Open

Today, the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2019 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program).

U.S. Treasury Announces $142.9 Million in Awards for Affordable Housing Nationwide

The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded 38 organizations $142.9 million today for the development of affordable housing and community facilities in low-income communities.

CDFI Fund Announces Nearly $25 Million in Bank Enterprise Awards for Increased Investments in Highly Distressed Communities

Washington, DC  Today, the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) announced nearly $25 million in awards to 119 banks for increasing investments benefiting economically distressed communities across the nation.

CDFI Fund Releases Application Demand for FY 2018 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) 2018 round of its Capital Magnet Fund program. A total of 116 organizations submitted eligible applications requesting more than $570 million in funding.