CDFI Fund: Important Reminders for FY 2017 Capital Magnet Fund Applicants

As a reminder for prospective fiscal year (FY) 2017 Capital Magnet Fund applicants, the deadline for online submission of the SF-424 through Grants.gov for the FY 2017 Capital Magnet Fund round is July 28, 2017 at 11:59 p.m. Eastern Time (ET). The deadline for online submission of the application and required materials through the CDFI Fund’s Awards Management Information System (AMIS) is August 31, 2017 at 5:00 p.m. ET.

  • Applicants should keep in mind that the CDFI Fund does not administer Grants.gov, and that they are responsible for confirming with Grants.gov that their SF-424 was successfully submitted and validated by Grants.gov. An organization that does not meet the SF-424 deadline will be unable to submit an application through AMIS and will be deemed ineligible. For more details, please see Section IV of the FY 2017 Capital Magnet Fund Notice of Funds Availability.
  • The CDFI Fund anticipates that the AMIS application will be available about four weeks before the August 31 deadline. More information will be provided when the AMIS application is released.

New and Updated Application Materials and Resources

The CDFI Fund has provided new and updated materials and resources for FY 2017 applicants on its website.

  • Excel Workbook: The CDFI Fund has posted an Excel workbook tool as a resource to help applicants organize their information for entry into AMIS. The workbook is not a substitute for the AMIS application; applicants are still required to submit all final application materials through AMIS.
  • Updated Guidance: All of the guidance, application materials, and pre-recorded webinar modules for the FY 2017 application round are available on the CDFI Fund’s website at www.cdfifund.gov/cmfunder Step 2: Apply. Updated and additional guidance materials will be added to the CDFI Fund’s website on a rolling basis, so please make sure to check the website regularly. Most recently, Application and Outreach Modules 5, 6, 8, and 9 were updated.

Webinars and Workshops

The CDFI Fund will be holding a webinar tomorrow, July 18, to discuss how to use a Capital Magnet Fund award to support Economic Development Activities. See the CDFI Fund’s website for information regarding how to access the webinar. Advance registration is not required to participate.

For those unable to attend the webinar, or who missed the webinars held earlier in July, recordings will be added to the CDFI Fund’s website in the coming days. Pre-recorded webinar modules covering many different topics related to the Capital Magnet Fund and the application process are also available on the CDFI Fund’s website.

There is also limited availability left to register to attend an in-person workshop in Washington, D.C. on July 26, 2017. Interested applicants should register by July 19, 2017. View more information on the CDFI Fund’s website.

Contact the CDFI Fund

The CDFI Fund will be answering questions about the FY 2017 application via its Help Desk until 5:00 p.m. ET on August 29, 2017. Contact the Help Desk via a Service Request in AMIS; by e-mail to cmf@cdfi.treas.gov; or by phone to (202) 653-0421 (please note this is not a toll free number).

To learn more about the CDFI Fund and its programs, please visit www.cdfifund.gov.

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