CDFI Fund: Request for Public Comment Issued on Uses of Award Report
The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed information collections, as required by the Paperwork Reduction Act of 1995, Pub. L. No. 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently, the Community…
CDFI Fund: Request for Public Comment Issued on Peformance Progress Report and Financial Statement Audit Report
The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the public and other Federal agencies to take this opportunity to comment on proposed information collections, as required by the Paperwork Reduction Act of 1995, Pub. L. No. 104-13 (44 U.S.C. 3506(c) (2) (A)). Currently, the…
CDFI Fund: Six-Month CDFI Certification Blackout Period Begins October 1, 2022
As a reminder the CDFI Fund will pause acceptance of new CDFI Certification Applications and Target Market Modifications for six months beginning on October 1, 2022 [1] to prepare for the launch of the revised CDFI Certification Application and reporting requirements. During the blackout period, CDFIs will be required to remain in a state of good standing with respect to…
CDFI Fund: FY 2022 CDFI Equitable Recovery Program Applications Due by September 22nd
As a reminder for fiscal year (FY) 2022 CDFI Equitable Recovery Program (CDFI ERP) Applicants, the deadline for online submission of the Application through the CDFI Fund’s Awards Management Information System (AMIS) is September 22, 2022 at 11:59 PM ET. To ensure a successful Application submission, the CDFI Fund encourages all FY 2022 CDFI ERP Applicants to…
CDFI Fund: CDFI Cure Period Supplemental Guidance Information Now Available
The Community Development Financial Institutions Fund (CDFI Fund) recently announced that on October 1, 2022 it is implementing a blackout period for six months to prepare for the launch of the revised CDFI Certification Application and reporting requirements. During this time, Community Development Financials Institutions (CDFIs) are required to maintain a state of good standing with respect…
CDFI Fund: Application Demand Released for FY 2022 Round of Small Dollar Loan Program
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released today the application data for the fiscal year (FY) 2022 round of its Small Dollar Loan Program (SDL Program). The SDL Program is intended to expand consumer access to financial institutions by providing alternatives to high cost small dollar lending. Up…
CDFI Fund: CDFI Equitable Recovery Program Supplemental FAQs Webinar Scheduled for August 25th
The CDFI Fund will be conducting a live CDFI ERP Supplemental FAQs webinar to inform Applicants about the FY 2022 CDFI Equitable Recovery Program (CDFI ERP) Application. This webinar will be held to discuss updates to the Application FAQs, available new materials, and to take any additional questions. The CDFI ERP Supplemental FAQ’s are available now on…
CDFI Fund: Upcoming FY 2022 CDFI Equitable Recovery Program Deadlines Announced
As a reminder for FY 2022 CDFI Equitable Recovery Program (CDFI ERP) applicants, the deadline for online submission of the SF-424 through Grants.gov for this year’s CDFI ERP funding round is August 18, 2022 at 11:59 PM ET. Applicants must create an Awards Management Information System (AMIS) account and enter their Employer Identification Number (EIN)…
CDFI Fund: Request for Public Comment Issued Regarding Minority Lending Institution Designation Criteria
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) is soliciting public comment regarding the criteria to designate a certified Community Development Financial Institution (CDFI) as a Minority Lending Institution (MLI). Pursuant to Section 523 of Division N of the Consolidated Appropriations Act, 2021 (Act; Pub. L. 116-260), an MLI is…
CDFI Fund: Update on New CDFI Certification Application Process and Six-Month Blackout Period
CDFI Fund will pause acceptance of new CDFI Certification Applications and Target Market Modifications for six months to prepare for launch of the revised CDFI Certification Application and reporting requirements In May 2020, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) requested public comment on the application and reporting requirements for…