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…
FHFA: Public Comment Period Extended until November 16th for Proposed Enterprise Capital Requirements Rule
The Federal Housing Finance Agency (FHFA) today announced that it is extending the public comment period for the Agency’s proposed rule on Enterprise Capital Requirements by an additional 60 days. The previous deadline for comments was September 17, 2018. The new deadline will be November 16, 2018. FHFA is extending the public comment period due to…
HUD: $14 Million Awarded to Help Low-Income Public Housing Residents Secure Higher Paying Jobs
Jobs Plus grants to help families achieve financial self-sufficiency WASHINGTON – To help low-income public housing residents increase their income and move toward self-sufficiency, the U.S. Department of Housing and Urban Development (HUD) today awarded $14 million to seven Public Housing Authorities (PHAs). HUD’s Jobs Plus Initiative connects public housing residents with employment, education and…
HUD: $144 Million Awarded to Revitalize Five Severely Distressed Neighborhoods
Federal investments expected to generate more than $1 billion in neighborhood reinvestment U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced five communities across the country will receive a combined $144 million to redevelop severely distressed public or assisted housing and to revitalize surrounding neighborhoods. Provided through HUD’s Choice Neighborhoods Initiative, these grants,…
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,…
HUD: $43 Million Awarded to Help End Youth Homelessness
Grants to support innovative housing programs in 11 communities To help end youth homelessness, the U.S. Department of Housing and Urban Development (HUD) is awarding $43 million to 11 local communities, including five rural areas, through its Youth Homelessness Demonstration Program (YHDP). This program supports a wide range of housing interventions including rapid rehousing, permanent…
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…
CDFI Fund: CDFI 2018 Certification Reports Due by July 31st
Are you the Authorized Representative of a currently certified CDFI? If so, don’t forget that in order to maintain your organization’s certification status you must complete and submit the Annual Certification and Data Collection Report (ACR) for Report Year 2018. All Authorized Representatives for certified CDFIs should have received an e-mail notification from the CDFI…