CDFI Fund: U.S. Treasury Awards $185 Million for Community Development in Low-Income Communities
Funds Support CDFI Investment and Revitalization Activity in Distressed Urban, Rural and Native Communities Washington-The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 196 Community Development Financial Institutions (CDFIs) $185.7 million in grants and loans today. The awards, through the fiscal year (FY) 2016 rounds of the Community Development Financial…
CDFI Fund: US Treasury Announces Over $90 Million in Awards for Affordable Housing
Over $900 Million in Private Sector Investment to be Leveraged by Capital Magnet Awards The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 32 organizations nearly $91.5 million in grants today for the development of affordable housing and community facilities in low-income communities. These awards were made through the fiscal…
CDFI Fund: Public Data for NMTC Program for 2003-2014 Released
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today released data collected on New Markets Tax Credit (NMTC) investments across the nation through fiscal year (FY) 2014. The CDFI Fund requires all Community Development Entities (CDEs) that have been awarded NMTC allocations to submit an annual report detailing how they…
CDFI Fund: Public Data for NMTC Program for 2003-2014 Released
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today released data collected on New Markets Tax Credit (NMTC) investments across the nation through fiscal year (FY) 2014. The CDFI Fund requires all Community Development Entities (CDEs) that have been awarded NMTC allocations to submit an annual report detailing how they…
CDFI Fund: Request for Public Comment – Bank Enterprise Award Program Application
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, Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). Currently, the…
CDFI Fund: Request for Public Comment – Bank Enterprise Award Program Interim Rule
The U.S. Department of the Treasury invites the general public and other Federal agencies to take this opportunity to comment on its revised interim rule implementing the Bank Enterprise Award Program (BEA Program), administered by the Community Development Financial Institutions Fund (CDFI Fund). The purpose of the BEA Program is to provide an incentive to…
CDFI Fund: Annual CIIS Public Data on CDFI Program Recipient Reporting Released
The Community Development Financial Institutions Fund (CDFI Fund) released today twelve years of data provided by Community Development Financial Institutions (CDFIs) through its data collection system, known as the Community Investment Impact System (CIIS). The data collected covers fiscal years (FY) 2003 through 2014. The release contains Institution Level Report (ILR) data on 777 CDFIs…
CDFI Fund: Learn More About “Pay for Success” and CDFI’s
The Nonprofit Finance Fund (NFF), a certified Community Development Financial Institution (CDFI), will host a webinar on June 22, 2016 to explore the various roles that CDFIs have played in the first ten Pay for Success (PFS) projects to launch in the United States. The webinar will also address common questions that CDFIs have about…