The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released today the Notice of Allocation Availability (NOAA) for the calendar year (CY) 2015 round of the New Markets Tax Credit Program (NMTC Program). The NOAA makes up to $5 billion in tax credit allocation authority available for the […]
CDFI Fund: Contractor Selected for NMTC Program Workshop and Technical Assistance Training
The Community Development Financial Institutions Fund (CDFI Fund) has selected a contractor to provide group training and individual technical assistance to certified Community Development Entities (CDEs) that meet the CDFI Fund’s definition of a Minority CDE. The training will inform Minority CDEs on how they can participate in the New […]
CDFI Fund: Treasury Guarantees $327 Million in Bond Funding to Low-Income Communities
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today that an additional nine bond loans, totaling $327 million, were guaranteed in fiscal year (FY) 2015, bringing the total guaranteed to date to $852 million. All of the bond proceeds, provided through the Community Development […]
CDFI Fund: AMIS Is Here!
The CDFI Fund’s Awards Management Information System (AMIS) is now available! AMIS is an enterprise-wide business system that will replace the myCDFIFund portal. AMIS is a modern platform that will eventually support all CDFI Fund programs through each phase of the programs’ life cycle, including certification, program awards and allocations, […]
CDFI Fund: “Expanding CDFI Coverage In Underserved Areas” Webinar Schedule Released
Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released the schedule of the first five free webinars that will be provided as part of the Capacity Building Initiative’s “Expanding CDFI Coverage in Underserved Areas” series. The webinars will be held between October 2015 and […]
CDFI Fund: $18 Million in Bank Enterprise Awards Announced
Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced $18.1 million in grant awards to 83 FDIC-insured financial institutions for serving economically distressed communities across the nation. These funds are awarded under the fiscal year (FY) 2015 round of the Bank Enterprise Award Program […]
CDFI Fund: U.S. Treasury Awards More Than $200 Million To Spur Economic Growth In Low-Income Areas
Washington – The U.S. Treasury Department’s Community Development Financial Institutions Fund (CDFI Fund) awarded 195 Community Development Financial Institutions (CDFIs) $202 million in grants and loans today through the latest rounds of the Community Development Financial Institutions Program (CDFI Program) and the Native American CDFI Assistance Program (NACA Program). This announcement […]
CDFI Fund: Revised CDFI Program Regulations Issued
Currently, the Community Development Financial Institutions Fund (CDFI Fund), U.S. Department of the Treasury, is soliciting comments concerning revisions of the Interim Rule for the Community Development Financial Institutions Program (CDFI Program). The revised Interim Rule was published in the Federal Register today. Through the CDFI Program, the CDFI Fund […]
CDFI Fund: Update for FY 2015 BEA Program Applicants
The CDFI Fund has updated two fiscal year (FY) 2015 Bank Enterprise Award Program (BEA Program) application documents. The revised versions of the “FY 2015 Application and Instructions” and “Certification 4” documents are now available on the CDFI Fund’s website at www.cdfifund.gov/bea and on the Grants.gov website at www.grants.gov. The documents have been […]
CDFI Fund: FY 2015 Funding Round of BEA Program Open
Today the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2015 application round for the Bank Enterprise Award Program (BEA Program). Application materials are now available on the BEA Program page of the CDFI Fund’s website in anticipation of the May […]