Washington, DC - The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund announced today that it received a total of 194 applications from 44 states, the District of Columbia, and Puerto Rico for the fiscal year (FY) 2009 supplemental round of the CDFI Program.
News
At Event on the Pine Ridge Indian Reservation, CDFI Fund Director Gambrell Announces Awards for Native Community Development Financial Institutions
At Event in the Bronx, Secretary Geithner Announces Awards for Community Development Financial Institutions
Meets with local CDFIs, CDEs, small businesses, non-profits, entrepreneurs, and affordable housing developers supporting the recovery efforts.
Awards Announced Under New Markets Tax Credit Program
Additional $1.5 Billion Added Through American Recovery and
Reinvestment Act of 2009
Washington, DC - Today, President Obama released the fiscal year (FY) 2010 budget titled A New Era of Responsibility Renewing America's Promise. The President's budget requests $243.6 million for the CDFI Fund a 127 percent increase over the $107 million appropriated for FY 2009.
New Markets Tax Credit Program Used to Preserve 27 Affordable Housing Units and Provide Flexible Child Care in Adams Morgan Neighborhood
In July 2007, the CDFI Fund launched a two-year research effort to fund research projects of relevance to the CDFI industry. In October 2007, a total of twelve research projects were selected from more than 40 proposals that were received in response to the CDFI Fund's Request for proposal.
Lansing, MI - The U.S. Treasury Department's Community Development Financial Institutions (CDFI) Fund Director Donna J. Gambrell traveled to Michigan this week on a two-day trip to highlight how the New Markets Tax Credit (NMTC) Program has provided needed jobs and revitalization to the Detroit and Lansing areas.