News

CDFI Publish Date

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.

Learn About Completing the Material Events Form 

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.