Step 2: Reporting
In 2016, the Community Development Financial Institutions Fund (CDFI Fund) launched a new mandatory Annual Certification and Data Collection Report (ACR) for all Certified Community Development Financial Institutions (CDFIs). The ACR, which must be completed in the CDFI Fund’s Awards Management Information System (AMIS), allows the CDFI Fund to annually assess CDFIs’ compliance with Certification guidelines and collect data that provides insights into the CDFI industry.
CDFIs must submit an ACR within 90 days of the end of their organization’s fiscal year. Failure to file the required ACR may result in a loss of Certification status and may lead to additional sanctions for CDFIs that are program Recipients. CDFIs will use data from their last complete fiscal year to complete the ACR. Please note that CDFIs may report unaudited financial data in their ACR submissions. In addition, those organizations certified during the current fiscal year will not be required to submit the ACR until the following year.
In order to receive regular notifications on reporting guidance and deadlines, CDFIs should ensure that contact information in AMIS is updated on a routine basis.
Quarterly Conference Calls
The CDFI Fund conducts quarterly ACR Conference Calls which are intended to serve as a forum for Certified CDFIs and other ACR stakeholders to ask questions and discuss the ACR and its submission process.
The schedule for ACR question and answer conference calls are provided below. To access conference calls participants need to call the toll-free number (800) 593-8996 and dial in the numeric Participant Pass-code “2844470”. No prior registration is necessary. Requests for reasonable accommodations under section 504 of the Rehabilitation Act should be directed to Jay Santiago at (202) 653-0300 no later than 48 hours before the conference call begins.
ACR Conference Call Schedule
Thursday, February 4, 2021 – 3:00pm – 4:00pm Eastern
Thursday, June 10, 2021 – 3:00pm – 4:00pm Eastern
Thursday, September 20, 2021 – 3:00pm – 4:00pm Eastern
Thursday, December 9, 2021 – 3:00pm – 4:00pm Eastern
Questions regarding CDFI Certification may be directed to the CDFI Fund by e-mail to email@example.com; via an AMIS Service Request; or by phone to (202) 653-0423. Please note this is not a toll free number.