CDFI Fund: Contractor Selected for NMTC Program Workshop and Technical Assistance Training
The Community Development Financial Institutions Fund (CDFI Fund) has selected a contractor to provide group training and individual technical assistance to certified Community Development Entities (CDEs) that meet the CDFI Fund’s definition of a Minority CDE. The training will inform Minority CDEs on how they can participate in the New Markets Tax Credit Program (NMTC…
FDIC: Money Smart Program Updated for Individuals with Visual Disabilities
The Federal Deposit Insurance Corporation (FDIC) today announced two new resources tailored to meet the financial education needs of individuals with visual disabilities. The FDIC’s 11-module instructor-led Money Smart curriculum for adults is available in Braille and Large Print. Its format permits an instructor to use the printed version of the Instructor Guide, while the students can…
CDFI Fund: Treasury Guarantees $327 Million in Bond Funding to Low-Income Communities
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today that an additional nine bond loans, totaling $327 million, were guaranteed in fiscal year (FY) 2015, bringing the total guaranteed to date to $852 million. All of the bond proceeds, provided through the Community Development Financial Institutions Bond Guarantee Program…
CDFI Fund: AMIS Is Here!
The CDFI Fund’s Awards Management Information System (AMIS) is now available! AMIS is an enterprise-wide business system that will replace the myCDFIFund portal. AMIS is a modern platform that will eventually support all CDFI Fund programs through each phase of the programs’ life cycle, including certification, program awards and allocations, data analysis, and reporting. The…
CDFI Fund: “Expanding CDFI Coverage In Underserved Areas” Webinar Schedule Released
Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released the schedule of the first five free webinars that will be provided as part of the Capacity Building Initiative’s “Expanding CDFI Coverage in Underserved Areas” series. The webinars will be held between October 2015 and January 2016. The CDFI Fund…
CDFI Fund: $18 Million in Bank Enterprise Awards Announced
Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced $18.1 million in grant awards to 83 FDIC-insured financial institutions for serving economically distressed communities across the nation. These funds are awarded under the fiscal year (FY) 2015 round of the Bank Enterprise Award Program (BEA Program), and they will…
CDFI Fund: U.S. Treasury Awards More Than $200 Million To Spur Economic Growth In Low-Income Areas
Washington – The U.S. Treasury Department’s Community Development Financial Institutions Fund (CDFI Fund) awarded 195 Community Development Financial Institutions (CDFIs) $202 million in grants and loans today through the latest rounds of the Community Development Financial Institutions Program (CDFI Program) and the Native American CDFI Assistance Program (NACA Program). This announcement caps the 20th anniversary celebration…
ABA: Foundation Introduces New Campaign To Promote Safe Banking For Seniors
WASHINGTON — The American Bankers Association Foundation today announced a new campaign – Safe Banking for Seniors – to provide America’s seniors and their caregivers with tools to prevent financial fraud. Similar to the foundation’s popular financial literacy campaigns for children and teens, Safe Banking for Seniors will mobilize bankers across the country to educate…