CDFI Fund: Extension Requests Now Accepted for the CDFI Certification Reapplication Window 2 Submission Deadline of September 30, 2025
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) is now allowing currently Certified Community Development Financial Institutions (CDFIs) who have not yet submitted their revised CDFI Certification Application (released December 2023) to submit an extension request for the upcoming September 30, 2025, CDFI Certification Application submission deadline. On June 20,…
EDA: US Department of Commerce Invests $15.8 Million in First Awards for Fiscal Year 2025 Disaster Supplemental Funding to Support Economic Recovery in 11 States and Territories
Today, U.S. Secretary of Commerce Howard Lutnick announced the Department’s Economic Development Administration (EDA) is awarding $15.8 million in Fiscal Year 2025 Disaster Supplemental funding. These awards will support economic recovery efforts in several states that received major disaster declarations in 2023 and 2024, due to storms and other weather-related events. These awards are the…
CDFI Fund: Acceptance of Community Development Entity (CDE) Certification Applications Resumes
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) will resume acceptance of new Applications for certification as a Community Development Entity (CDE) effective September 9, 2025. The temporary “blackout” period, originally announced on May 5, 2025, was implemented to allow the CDFI Fund to assess and implement updates to the CDE Certification…
CDFI Fund: CDFI Certification Application General Q&A Webinar Scheduled for September 4th
Reminder: Next CDFI Certification Webinar is September 4th The CDFI Fund’s monthly Certification webinars, which are intended to serve as a forum for potential CDFI Certification Applicants, Certified CDFIs, and other CDFI Certification stakeholders to ask questions and discuss CDFI Certification and the CDFI Certification process, have been scheduled for calendar year 2025. The webinars…
CDFI Fund: Certification Webinar Recording on Target Market Requirements Released
Last week, the Community Development Financial Institution Fund’s (CDFI Fund) Office of Certification Policy and Evaluation (OCPE) hosted a webinar focused Target Market Requirements on August 21st. The webinar recordings and presentation slides are now available on the CDFI Fund’s website. The Target Market webinar began with an overview of the different types of Target…
FEMA: DHS Awards $110 Million to Help Protect Houses of Worship and Nonprofit Organizations
Funding to be Distributed to Faith-based Institutions to Harden Their Defenses Against Terrorist Attacks. Today, the Department of Homeland Security announced it is awarding $110 million to more than 600 faith-based organizations and other nonprofits across the United States. In the face of violent criminals and radical organizations intent on hurting American communities, the Trump-Vance…
SBA: New Regional Innovation Cluster Funding Announced to Support Domestic Manufacturing
$7.5 Million Now Available to Support American Industry, Strengthen Supply Chains, and Bring Jobs Back Home In a major push to restore America’s industrial dominance, the U.S. Small Business Administration (SBA) has announced the availability of new Regional Innovation Cluster (RIC) funding of up to $7.5 million to support domestic manufacturers. 98% of American manufacturers are small…
FHFA: Allowable LIHTC Amount Doubled for Fannie Mae and Freddie Mac to Support Affordable Housing
Consistent with the One Big Beautiful Bill, U.S. Federal Housing Expands America’s Affordable Housing Supply in Rural and Underserved Communities Consistent with President Trump’s historic One Big Beautiful Bill, U.S. Federal Housing is expanding America’s affordable housing supply by doubling the amount that Fannie Mae and Freddie Mac can invest in safe and sound Low…
CDFI Fund: Certification Webinar Recordings on Customized Investment Areas and Affiliates Released
Earlier this month, the Community Development Financial Institution Fund’s (CDFI Fund) Office of Certification Policy and Evaluation (OCPE) hosted two webinars focused on Customized Investment Area Target Market types on July 10th and Affiliates on July 24th. The webinar recordings and presentation slides are now available on the CDFI Fund’s website. The Customized Investment Area webinar…
CDFI Fund: CDFI Certification Reapplication Window 2 Opening on July 7th through September 30th
Window 2, the second Application submission period and part of the Community Development Financial Institutions Fund’s (CDFI Fund) established General Reapplication Submission Deadlines, will be open from July 7, 2025, through September 30, 2025, at 11:59 p.m. ET. Beginning July 7th, organizations with fiscal years that end on December 31, 2024; February 28, 2025; or March 31, 2025, will have…