Certification https://www.cdfifund.gov/programs-training/Programs/cmf/Lists/CDFI CMF Steps/DispForm.aspx?ID=5Certification Step 11CDFI Certification/programs-training/Programs/cmf/Pages/cdfi-certification-step.aspx#step1
Applyhttps://www.cdfifund.gov/programs-training/Programs/cmf/Lists/CDFI CMF Steps/DispForm.aspx?ID=1ApplyStep 22Timeline| Application Materials/programs-training/Programs/cmf/Pages/apply-step.aspx#step2
Award Announcementhttps://www.cdfifund.gov/programs-training/Programs/cmf/Lists/CDFI CMF Steps/DispForm.aspx?ID=2Award AnnouncementStep 33Award Announcement/programs-training/Programs/cmf/Pages/award-announcement-step.aspx#step3
Closing and Disbursementhttps://www.cdfifund.gov/programs-training/Programs/cmf/Lists/CDFI CMF Steps/DispForm.aspx?ID=3Closing and DisbursementStep 44Closing and Disbursement/programs-training/Programs/cmf/Pages/closing-disbursement-step.aspx#step4
Compliance and Reportinghttps://www.cdfifund.gov/programs-training/Programs/cmf/Lists/CDFI CMF Steps/DispForm.aspx?ID=4Compliance and ReportingStep 55Compliance and Reporting/programs-training/Programs/cmf/Pages/compliance-step.aspx#step5

​​​​​Step 2: Application Process

The Notice of Funds Availability (NOFA), instructions, and supplemental materials for the FY 2020 round of the Capital Magnet Fund (CMF) program are below. These materials are intended to help you understand how to apply for a Capital Magnet Fund Award. The application materials listed on this page and the requirements set forth in the NOFA are subject to change for future funding rounds.

Applicants for CMF are required to submit materials through Grants.gov (SF-424) and the CDFI Fund’s Award Management Information System (AMIS). Applicants are advised to review the NOFA, Application Instructions and related materials below. Applicants are also advised to submit their SF-424 in Grants.gov and create an organizational AMIS account, if they don’t have one already.

Please Note: The CDFI Fund is currently requesting Public Comment on the Capital Magnet Fund Application and the CMF Annual Performance Report. Please click here to learn more.

Capital Magnet Fund Overview Presentations

The Capital Magnet Fund team held an information session for the FY 2020 Capital Magnet Fund application round on May 13, 2020. The presentation and a recording of the session is available below.

Additionally, the following six modules provide an overview of various Capital Magnet Fund program topics:

FY 2020 Application Round Timeline

May 28, 2020
Opening of Application Round
June 26, 2020 (11:59 PM ET)Deadline for Online submission of SF-424 via Grants.gov
July 2, 2020 (11:59 PM ET)Deadline to Create Organizational Account in AMIS
July 23, 2020 (5:00 PM ET)Last Day to Contact the CDFI Fund with Application Questions
July 27, 2020 (5:00 PM ET)Deadline of Application Submission and all Attachments in AMIS
FY 2020 Capital Magnet Fund Awards Announced

FY 2020 Application Webinars

The CDFI Fund will conduct three webinars to answer applicant questions about the FY 2020 Capital Magnet Fund Application. More information about how to access the webinars is available below.

Advance registration is not required to participate in the webinars. Access the webinars by clicking the below links 5 minutes before the webinars begin. Viewing these webinars requires the use of WebEx. To download the WebEx Event Manager, see the instructions on Verizon's WebEx Downloads page.
Webinar TopicDate and TimeConferenceAccess Link
Application Webinar: Affordable Housing Developers/Managers
June 11, 2020
2:00-4:00 PM ET
Webinar Completed
Access Webinar Recording
View Presentation
Application Webinar: Financing Entities
June 16, 2020
2:00-4:00 PM ET
Webinar Completed
Access Webinar Recording
View Presentation
AMIS Application DemonstrationJune 23, 2020
2:00-3:30 PM ET
Webinar Completed Access Webinar Recording

FY 2020 Application Materials



1. FY 2020 CMF Notice of Funds Availability (NOFA)https://www.cdfifund.gov/Documents/Forms/AllItems.aspx1. CMF NOFA - 2020-11580.pdf1. FY 2020 CMF Notice of Funds Availability (NOFA)20202020-05-29T04:00:00Z2304
2. FY 2020 CMF Application Instructionshttps://www.cdfifund.gov/Documents/Forms/AllItems.aspx2. FY 2020 CMF Application Instructions - Updated 7-10 w Cover.pdf2. FY 2020 CMF Application Instructions20202020-07-10T04:00:00Z2319
3. FY 2020 CMF Application Frequently Asked Questionshttps://www.cdfifund.gov/Documents/Forms/AllItems.aspx3. FY 2020 CMF Application FAQs w Cover_Updated 6-18-2020.pdf3. FY 2020 CMF Application Frequently Asked Questions20202020-06-19T04:00:00Z2315
4. FY 2020 CMF Glossaryhttps://www.cdfifund.gov/Documents/Forms/AllItems.aspx4. FY 2020 CMF Glossary.pdf4. FY 2020 CMF Glossary20202020-05-28T04:00:00Z2300
5. FY 2020 Capital Magnet Fund Economic Distress Data Sethttps://www.cdfifund.gov/Documents/Forms/AllItems.aspx5. FY2020 CMF Areas of Economic Distress, Rural, and Low Income Area Dataset.xlsb5. FY 2020 Capital Magnet Fund Economic Distress Data Set20202020-05-28T04:00:00Z2299
6. FY 2020 CMF Application AMIS Use and Navigation Guidehttps://www.cdfifund.gov/Documents/Forms/AllItems.aspx6. FY 2020 CMF Application AMIS Use and Navigation Guide.pdf6. FY 2020 CMF Application AMIS Use and Navigation Guide20202020-05-28T04:00:00Z2289
Capital Magnet Fund Interim Rule (Amended February 8, 2016)https://www.cdfifund.gov/Documents/Forms/AllItems.aspxInterim Rule FR 2016-02132.pdfCapital Magnet Fund Interim Rule (Amended February 8, 2016)20202020-05-28T04:00:00Z1087



CMF Contact Informationhttps://www.cdfifund.gov/Lists/CDFI Call Out/AllItems.aspxhttps://www.cdfifund.gov/Lists/CDFI Call Out/DispForm.aspx?ID=2CMF Contact Information<h3>Questions? </h3> <p>Questions regarding ​Capital Magnet Fund ​Program may be directed to the CDFI Fund by e-mail to cdfihelp@cdfi.treas.gov; or by phone to (202) 653-0421. Please note this is not a toll free number. </p>