CDFI

CDFI Fund: Upcoming Deadlines and Updates for FY 2018 Capital Magnet Fund Round Applicants

As a reminder for prospective fiscal year (FY) 2018 Capital Magnet Fund Applicants, the deadline for online CMF Application submission through the Awards Management Information System (AMIS) is September 17, 2018 at 5:00 p.m. Eastern Time (ET).  To ensure a successful Application submission, the Community Development Financial Institutions Fund (CDFI Fund) encourages all FY 2018…

CDFI Fund: Important Reminders for Capital Magnet Fund Applicants

As a reminder for prospective fiscal year (FY) 2018 Capital Magnet Fund applicants, the deadline for online submission of the SF-424 through Grants.gov for the FY 2018 Capital Magnet Fund round is August 20, 2018, at 11:59 p.m. Eastern Time (ET). The deadline for creating an organizational account in the CDFI Fund’s Awards Management Information…

CDFI Fund: New Certified CDFI Logo Debuts to Help Illustrate Impact

More than 400 representatives of Certified CDFIs voted on the image they liked best to represent themselves to their customers and the public. Nearly 64 percent of them chose this winning design, which beautifully evokes a sense of community. With the roll out of this new logo, it’s a good time to reflect on the…

CDFI Fund: Application Demand for 2018 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 a total of 214 applications under the 2018 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 2018 Round BEA Program Electronic Application Now Available

The electronic application for the fiscal year (FY) 2018 round of the Bank Enterprise Award Program (BEA Program) is now available in the Community Development Financial Institutions Fund’s (CDFI Fund’s) Awards Management Information System (AMIS). All applicants must be registered in SAM.gov, Grants.gov, and AMIS to apply for funding. Organizations should confirm that their accounts…

CDFI Fund: Public Meeting of CDFI Advisory Board Scheduled for August 23rd in Washington, DC

The Community Development Financial Institutions Fund (CDFI Fund) is convening a meeting of the Community Development Advisory Board (the Advisory Board) from 9:00 a.m. to 2:00 p.m. Eastern Time on Thursday, August 23, 2018. The Advisory Board meeting will be held in Media Rooms A & B at the U.S. Department of the Treasury located…

CDFI Fund: FY 2018 Funding Round of BEA Program Open

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today opened the fiscal year (FY) 2018 application round for the Bank Enterprise Award Program (BEA Program). Application materials are now available on the BEA Program page of the CDFI Fund’s website in anticipation of the publication of the FY 2018 Notice…

CDFI Fund: FY 2018 Funding Round for Capital Magnet Fund Open

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today opened the fiscal year (FY) 2018 funding round for the Capital Magnet Fund. Through the Capital Magnet Fund, the CDFI Fund competitively awards funds to CDFIs and qualified non-profit housing organizations. These awards can be used to finance affordable housing activities,…

CDFI Fund: Updated BEA Program Eligibility Criteria Based on 2011-2015 American Community Survey Census Data

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released today updated Eligibility Data for the Bank Enterprise Award Program (BEA Program).  The BEA Program Eligibility Data is being updated as part of a larger effort undertaken by the CDFI Fund to ensure that the data used to determine the eligibility…

CDFI Fund: Nearly $22.8 Million in Bank Enterprise Awards for Increased Investment in Highly Distressed Communities Announced

Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced nearly $22.8 million in awards to 113 banks for increasing investments benefiting economically distressed communities across the nation. The awards were made through the fiscal year (FY) 2017 round of the Bank Enterprise Award Program (BEA Program).  The BEA Program…