News

CDFI Publish Date

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 CDFI Fund’s quarterly Annual Certification and Data Collection Report (ACR) conference calls, which are intended to serve as a forum for Certified CDFIs and other ACR stakeholders to ask questions and discuss the ACR and its submission process, have been scheduled for calendar year 2024. The calls are open to the general public and do not require advance registration.

The Community Development Financial Institutions Fund (CDFI Fund) will pause the acceptance of new Capital Magnet Fund (CMF) Annual Performance Report(s) for related transaction submissions effective August 1, 2024, through January 31, 2025. 

The Community Development Financial Institutions Fund (CDFI Fund) is issuing a call for well-qualified persons to serve as application reviewers for the calendar year (CY) 2024-2025 round of the New Markets Tax Credit Program (NMTC Program).

WASHINGTON—Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced that 256 organizations received $76.32 million in Technical Assistance (TA) Awards to build their capacity to provide financial products and services to low-income and underserved people and communities across America.

Reminder: Next CDFI Certification Conference Call is November 21st

$10 Billion in Allocation Authority Available

Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) and the Federal Housing Finance Agency (FHFA) announced the establishment of a Working Group to increase capital for affordable housing lending from the Federal Home Loan Banks.

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has released a revised Community Development Financial Institution (CDFI) Certification Application Frequently Asked Questions (FAQs) document and recorded webinars. 

Awards will result in more than 26,400 affordable housing units across the country, including more than 25,600 rental units and more than 750 homeownership units.