News

CDFI Publish Date
Treasury Awards $90 Million in Recovery Act Funding for Community Development

At Event in the Bronx, Secretary Geithner Announces Awards for Community Development Financial Institutions

249 New Markets Tax Credit Applications Received Requesting $22.5 Billion

Additional $1.5 Billion Added Through American Recovery and
Reinvestment Act of 2009

CDFI Fund Awards $2.3 Million in Technical Assistance Grants Through the FY 2009 CDFI Program

Washington, DC - Community Development Financial Institutions (CDFI) Fund Director Donna J. Gambrell today announced that $2,363,917 in Technical Assistance grants are being awarded to 27 organizations working in economically distressed communities across the country. These awards are being made through the fiscal year (FY) 2009 round of the

CDFI Fund Awards $2.3 Million in Technical Assistance Grants Through the FY 2009 CDFI Program

Washington, DC - Community Development Financial Institutions (CDFI) Fund Director Donna J. Gambrell today announced that $2,363,917 in Technical Assistance grants are being awarded to 27 organizations working in economically distressed communities across the country.

CDFI Fund Receives 260 Applications Requesting More Than $237.7 Million Under The 2009 Round of the CDFI Program

Washington, DC - The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund announced today that it received a total of 260 applications for the fiscal year 2009 round of the CDFI Program, up 16 percent over last year's round (225 total applications).

Treasury Awards $3.5 Billion to Encourage Private Sector Investments in Distressed Communities

Washington, DC - U.S. Treasury Deputy Secretary Robert M. Kimmitt and Treasury's Community Development Financial Institutions (CDFI) Fund Director Donna J. Gambrell announced in Washington, DC, that 70 organizations were selected to receive $3.5 billion in tax credits for use in low-income communities.

U.S. Treasury Awards $20.1 Million in Awards to Banks for Work in Economically Distressed Communities Nationwide
2008 BEA Overview of Awardees 2008 BEA List of Awardees 2008 BEA Profiles of Awardees
U.S. Treasury Official Announces Over $8.2 Million to Benefit Economically Distressed Native American Communities

Scottsdale, AZ -- Today Director Donna J. Gambrell of the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund announced the twenty-nine organizations from across the nation that have been selected to receive over $8.2 million in awards under the 2008 round of the CDFI Fund's Native American CDFI Assistance (NACA) Program

Demand for New Markets Tax Credits Remains Strong 239 Applications Received Requesting Over $21.3 Billion

Washington, DC -- The U.S. Treasury Department's Community Development Financial Institutions (CDFI) Fund announced today that it received a total of 239 applications under the 2008 round of the New Markets Tax Credit (NMTC) Program. These applicants requested an aggregate total of $21,301,795,539 in NTMC allocation authority.