CDFI Fund: Application Demand for FY 2024 Round of CDFI Program and NACA Program Released
The application period for the fiscal year (FY) 2024 funding 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 February 15, 2024. In total, 948 organizations from across the country requested a combined level of approximately $1.55…
CDFI Fund: Public Comments Sought on NMTC Program Allocation Application
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 and/or continuing 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: CDFI Bond Guarantee Program Application Period for FY 2024 Now Open
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today opened the fiscal year (FY) 2024 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 2024. Through the CDFI…
CDFI Fund: Transition FAQs Released on the Census 2020 Island Areas Datasets and Updated 2016-2020 American Community Survey
CDFI Program, NACA Program, BEA Program, and NMTC Program updated Census transition documents and datasets. The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) recently released updated guidance and geographic eligibility data files for CDFI Certification, the Community Development Financial Institutions Program (CDFI Program), Native American CDFI Assistance Program (NACA Program),…
CDFI Fund: Capital Magnet Fund Funding Round for FY 2024 Opens
Today the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2024 funding round for the Capital Magnet Fund. Through the Capital Magnet Fund, the CDFI Fund competitively awards funds to Community Development Financial Institutions (CDFIs) and qualified non-profit housing organizations. These awards can be used to…
CDFI Fund: Beware of Fictitious CDFI Fund Social Media Accounts
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) would like to make the public aware of fraudulent social media profiles, email accounts, and phone numbers that attempt to impersonate or otherwise associate themselves with the CDFI Fund. Although the precise platforms and messages vary, these imposters provide false CDFI Fund…
CDFI Fund: Application Demand for CY 2023 Round of the NMTC Program Released
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today that it received 196 applications for the calendar year (CY) 2023 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: Application Demand for FY 2024 Round of Small Dollar Loan Program Released
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) 2024 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 to…
CDFI Fund: Webinar on Revised CDFI Certification Application Scheduled for January 31st
The Community Development Financial Institutions Fund (CDFI Fund) will conduct a live webinar to assist organizations in understanding the requirements of the revised CDFI Certification Application. This webinar will be held to discuss updates to the Application FAQs, available new materials, and to take any additional questions. Webinar Details Viewing this webinar requires the use…
CDFI Fund: Webinar Scheduled on CDFI Certification Changes to the Annual Certification and Data Collection Report and Transaction Level Report with Supplemental Guidance
The Community Development Financial Institutions Fund (CDFI Fund) will conduct a live webinar to walk organizations through the requirements of the revised Annual Certification and Data Collection Report (ACR) and Transaction Level Report (TLR) as part of the CDFI Fund’s revised Certification Application and policies. The webinar will not address questions on the revised CDFI…