CDFI Fund: FY 2026 CDFI Bond Guarantee Program Application Period Opens
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today announced the opening of the fiscal year (FY) 2026 application period for the CDFI Bond Guarantee Program. A total of up to $500 million in guarantee authority is available for Eligible Community Development Financial Institutions (Eligible CDFIs) in FY 2026, subject…
CDFI Fund: FY 2026 Bank Enterprise Award Program Funding Round Opens
Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2026 funding round for the Bank Enterprise Award Program (BEA Program). Up to $40 million is available in awards to eligible Federal Deposit Insurance Corporation (FDIC)-insured depository institutions through the FY 2026 round of the program….
CDFI Fund: FY 2026 Small Dollar Loan Program Funding Round Opens
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2026 funding round for the Small Dollar Loan Program (SDL Program) today. SDL Program funding is intended to expand consumer access to financial institutions by providing alternatives to high-cost small dollar lending. The SDL Program funding is…
CDFI Fund: Public Comment Sought on NMTC Program Allocation Application and AQEI Tracking System
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, Pub. L. No. 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently,…
CDFI Fund: New TLR Submission AMIS Display and Associated Guidance Materials Launched
The Community Development Financial Institutions Fund (CDFI Fund) has released a new Transaction Level Report (TLR) submission and certification page in its Awards Management Information System (AMIS). This new display presents the TLR submission steps in a more user-friendly way for organizations completing their annual reporting requirements or applying for CDFI Certification. The new display…
CDFI Fund: Special Topic Webinar on Updated NMTC TLR User Experience in AMIS Scheduled for May 28th
The CDFI Fund will host a specialized webinar focused on Transaction Level Report (TLR) reporting requirements and considerations related to the New Markets Tax Credit Program (NMTC Program). This webinar is intended to provide NMTC stakeholders with additional guidance and an opportunity to ask questions related to the updated user AMIS interface for NMTC TLR…
Treasury: New Rules Proposed to Prevent Abuse of Community Development Financial Institutions (CDFI) Fund Programs
The U.S. Department of the Treasury announced today that the CDFI Fund will issue rules concerning the treatment of CDFI Fund awards under the Personal Responsibility and Work Opportunity Reconciliation Act of 1996 (PRWORA). The rules are intended to ensure compliance with federal law and that taxpayer-funded federal public benefits are not diverted to subsidize…
CDFI Fund: Public Comment Sought on the 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 continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently, the Community Development Financial Institutions Fund (CDFI Fund), U.S….
CDFI Fund: Public Comment Sought on Opportunity Zone Nomination Tool
The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites state government officials—such as State Chief Executive Officers—and members of the general public to comment on continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently, the Community Development Financial Institutions Fund (CDFI…
CDFI Fund: Effective Date Extended for CDFI Certification Small Business Loan Disclosure Policy
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has extended the effective date for when CDFI Certification Applicants and currently Certified Community Development Financial Institutions (CDFIs) must begin implementing small business loan product disclosures to borrowers. In December 2023, the CDFI Fund released the final revised CDFI Certification Application. As part of the…