CDFI Fund: FY 2021 CDFI Program and NACA Program Application Round Opened
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2021 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) today. The awards from these programs will support Community Development Financial Institutions (CDFIs) that provide affordable financing…
CDFI Fund: Target Market Waiver Extended for Lending Under Round Three of Paycheck Protection Program
Target Market Waiver Extended for Lending Under Round Three of Paycheck Protection Program The U.S. Treasury Department and Small Business Administration (SBA) recently announced the reopening of a third round of the Paycheck Protection Program with $284 billion in funding that was authorized by the Coronavirus Response and Relief Supplemental Appropriations Act (Pub. L. 116-260). This includes…
CDFI Fund: Question and Answer Sessions Scheduled for 2021 ACR Reporting Cycle
In light of substantive changes that have been made to its Annual Certification and Data Collection Report (ACR) for the 2021 reporting cycle, the Community Development Financial Institutions Fund (CDFI Fund) will be conducting quarterly conference calls to respond to questions specifically related to the ACR. The quarterly conference calls are intended to serve as a forum…
CDFI Fund: Public Comments Requested on Capital Magnet Fund Application and Annual Performance Report
The 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. Currently, the Community Development Financial Institutions Fund (CDFI Fund),…
CDFI Fund: Public Comments Sought on NMTC Program Allocation 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, Pub. L. No. 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently,…
CDFI Fund: Revised ACR Guidance Information Now Available
The Community Development Financial Institutions Fund (CDFI Fund) has released updated information for Certified Community Development Financial Institutions (CDFIs) regarding the Annual Certification and Data Collection Report (ACR). The ACR, which must be completed by all Certified CDFIs on annual basis, allows the CDFI Fund to assess CDFIs’ compliance with Certification guidelines and collect data…
CDFI Fund: Application Demand for 2020 Round of NMTC Program Released
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today that it received 208 applications under the 2020 round of the New Markets Tax Credit Program (NMTC Program). The NMTC Program advances economic development in economically distressed communities by making tax credit allocations available to Community Development Entities (CDEs) for…
CDFI Fund: Upcoming Webinar Scheduled on Preparing for the FY 2021 CDFI and NACA Program Application Round
It’s never too early to start getting ready for the next application round! The Community Development Financial Institutions Fund (CDFI Fund) is tentatively planning to open the fiscal year (FY) 2021 Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) application round in early 2021. To help your organization…
CDFI Fund: 2019 Annual Certification and Data Collection Summary Report Released
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today released a summary snapshot report from the fiscal year (FY) 2019 Annual Certification and Data Collection Report (ACR) reporting cycle. Community Development Financial Institutions (CDFIs) must submit an ACR on an annual basis within 90 days of the end of their…
CDFI Fund: Webinar to Learn More About AmeriCorps and Economic Mobility Corps Announced
Mark your calendar for upcoming webinars! AmeriCorps and the Community Development Financial Institutions Fund (CDFI Fund) will be hosting two live webinars to provide Community Development Financial Institutions (CDFIs) and other community development organizations with information on the new Economic Mobility Corps and applying for an AmeriCorps grant. The first webinar will provide a general overview of…