No. During the General Recertification Submission Deadline Windows, currently certified CDFIs have been assigned a designated submission window for their Section Zero Application. Once this submission window closes, a currently Certified CDFI cannot submit a Section Zero Application until after a determination has been made on its submitted CDFI Certification Application. Entities whose CDFI Certification is reaffirmed will be able to submit a Section Zero Application prior to the Annual Certification and Data Collection Report (ACR) submission.
Entities who have never been a certified CDFI or whose CDFI Certification was terminated, may submit a Section Zero Application at any point prior to their CDFI Certification Application submission. Once the CDFI Certification Application is submitted, these entities s cannot submit another Section Zero Application until after a decision is rendered on their CDFI Certification Application.
For the list of Section Zero Application submission deadlines for currently Certified CDFIs, see slide six (6) in the “Section Zero Review Process” presentation posted on the CDFI Fund’s public website.