CDFI Fund: Public Data on CDFI Program Recipients Through 2020 Released
The Community Development Financial Institutions Fund (CDFI Fund) is releasing fiscal year (FY) 2020 data, which was reported in FY 2021 by Community Development Financial Institutions (CDFIs) via the CDFI Fund’s data collection system, known as the Annual Compliance and Performance Report (ACPR). The release contains public Transaction Level Report (TLR) data detailing how CDFIs…
CDFI Fund: FY 2022 Small Dollar Loan Program Application Deadlines Approaching
As a reminder for fiscal year (FY) 2022 Small Dollar Loan Program (SDL Program) applicants, the deadline for online submission of the SF-424 through Grants.gov for this year’s SDL Program funding round is June 15, 2022 at 11:59 PM ET. Applicants must also have created an Awards Management Information System (AMIS) account and entered their Employer Identification…
CDFI Fund: Application Demand for FY 2022 Round of CDFI Program and NACA Program Released
The fiscal year (FY) 2022 application round for the Community Development Financial Institutions Fund’s (CDFI Fund) Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) closed on April 12, 2022. In total, 719 organizations from across the country requested a combined level of $577.9 million in awards, which is…
CDFI Fund: Applications Open for the FY 2022 Small Dollar Loan Program Round
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2022 funding round for the Small Dollar Loan Program (SDL Program) today. SDL Program funding is intended to expand consumer access to financial institutions by providing alternatives to high cost small dollar lending. The SDL Program funding…
CDFI Fund: Request for Public Comment Issued on Collection of Qualitative Feedback on Agency Service Delivery
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 and/or continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently, the Community Development Financial Institutions Fund (CDFI…
CDFI Fund: $26 Million in BEA Funds Awarded to Banks that Increased Investments in Severely Distressed Communities
Recipients Collectively Increased Lending and Services to Nation’s Most Distressed Areas by over $1.1 billion The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today $26 million in awards to 158 FDIC-insured banks, through the fiscal year (FY) 2021 round of the Bank Enterprise Award Program (BEA Program), for increasing…
CDFI Fund: Application Demand for CY 2021 Round of NMTC Program Released
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today that it received 199 applications under the calendar year (CY) 2021 round of the New Markets Tax Credit Program (NMTC Program). The NMTC Program advances economic development in economically distressed communities by making tax credit allocations available to Community Development…
CDFI Fund: FY 2022 CDFI Bond Guarantee Program Application Period Opened
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today opened the fiscal year (FY) 2022 application period for the CDFI Bond Guarantee Program. A total of up to $500 million in bond guarantee authority is available for Eligible Community Development Financial Institutions (Eligible CDFIs) in FY 2022. Through the CDFI…
CDFI Fund: New System for Award Management Transitions DUNS to Unique Entity Identifier Beginning March 18, 2022
Effective March 18, 2022, the Community Development Financial Institutions Fund (CDFI Fund) will begin utilizing the new System for Award Management (SAM) issued Unique Entity Identifier (UEI) in its Awards Management Information System (AMIS). What is the UEI?Beginning April 4, 2022, the federal government will stop using the Dun & Bradstreet issued Data Universal Numbering…
CDFI Fund: FY 2022 CDFI Program and NACA Program Application Round Opened
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2022 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) today. The awards from these programs will support Community Development Financial Institutions (CDFIs) that provide affordable financing…