News

CDFI Publish Date
CDFI Fund Announces $104.8 Million in Awards for Local Financial Institutions Across Nation Serving Struggling Communities

New York, NY - Today, the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund announced $104.8 million in awards for 179 local financial institutions serving struggling communities in 44 states and the District of Columbia.

CDFI Fund Receives 230 Applications Requesting More Than $1 Billion

Over 49 States Represented in Capital Magnet Fund Applications

U.S. Treasury Awards $2 Million to Benefit Organizations Serving Prospective Homebuyers

Five Organizations to Receive Funding for Financial Education and Counseling Initiatives

Director Gambrell, Senator Bingaman Announce Over $10 Million In 2010 Native American CDFI Assistance Awards

Financial and Technical Assistance to Further Strengthen Expanding Native Community Development Financial Institutions

Demand for New Markets Tax Credits Remains Strong

250 Applications Received Requesting $23.5 Billion

Demand Increases 30 Percent for FY 2010 Native American CDFI Assistance Program

CDFI Fund Receives 61 Funding Applications Requesting $23.7 Million

Demand Up 97 Percent in FY 2010 Round of CDFI Program CDFI Fund Receives 408 Applications Requesting More Than $467 Million

Washington, DC - The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) announced today that it received a total of 408 applications for the fiscal year (FY) 2010 round of the CDFI Program, representing a significant increase in demand.

U.S. Treasury Awards $53 Million to Benefit Organizations Serving Economically Distressed Communities Nationwide

Milwaukee, Wisconsin - Director Donna J. Gambrell, of the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund, visited Milwaukee, Wisconsin today to announce awards totaling $52,715,000 to 62 organizations serving economically distressed communities across the nation.

Treasury Awards $4.4 Million for Native Communities in 2009 Round of the Native American CDFI Assistance Program

CDFI Fund Director Gambrell Highlights Long-Term Commitment to Native Communities

US Treasury Awards $22 Million to Institutions for Increasing Lending and Investment in Economically Distressed Communities

Washington, DC - The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund Director Donna J. Gambrell today announced awards totaling over $22 million to 55 depository institutions for serving economically distressed communities across the nation.