CDE Certification

​​​​​​​​​CDE Certification Benefits

A Community Development Entity (CDE) is a domestic corporation or partnership that is an intermediary vehicle for the provision of loans, investments, or financial counseling in low-income communities. Certification as a CDE allows organizations to participate either directly or indirectly in the New Markets Tax Credit Program.

  

Application Deadlines
There are no deadlines for CDE Certification except for when applying to the NMTC Program. Please see below for more information.


 

Overview

A CDE is a domestic corporation or partnership that is an intermediary vehicle for the provision of loans, investments, or financial counseling in Low-Income Communities (LICs). Benefits of being certified as a CDE include being able to apply to the CDFI Fund to receive a New Markets Tax Credit (NMTC) allocation to offer its investors in exchange for equity investments in the CDE and/or its subsidiaries; or to receive loans or investments from other CDEs that have received NMTC allocations.

Eligibility

To become certified as a CDE, an organization must submit a CDE Certification Application to the Fund for review. The application must demonstrate that the applicant meets each of the following requirements to become certified:

  • Be a legal entity at the time of application;
  • Have a primary mission of serving LICs; and
  • Maintain accountability to the residents of is targeted LICs.

CDE Certification Application Deadlines

CDE Certification Applications may be submitted at any time, except when there are specific deadlines applicable to an open application period for the New Markets Tax Credit Program. Please visit www.cdfifund.gov/nmtc to view relevant application deadlines for the New Markets Tax Credit Program.

Are you an individual or business seeking a loan?

Click here to learn how to find CDFIs and CDEs that are providing services in your community.

 

 

Applyhttps://www.cdfifund.gov/programs-training/certification/cde/Lists/CDFI CDE Steps/DispForm.aspx?ID=1ApplyStep 11Application Materials /programs-training/certification/cde/Pages/apply-step.aspx#step1
Reporting https://www.cdfifund.gov/programs-training/certification/cde/Lists/CDFI CDE Steps/DispForm.aspx?ID=2Reporting Step 22Reporting/programs-training/certification/cde/Pages/reporting-step.aspx#step2

CDE Contact Information

Have questions/concerns about CDE Certification?

Certification, Compliance Monitoring and Evaluation Help Desk

Phone:(202) 653-0423
E-mail:ccme@cdfi.treas.gov