CDFI Fund: Bond Guarantee Program Application Period for FY 2016 Opened
Up to $750 Million in Bond Guarantee Authority Available The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today opened the fiscal year (FY) 2016 application period for the CDFI Bond Guarantee Program. Application materials are available on the CDFI Fund’s website in anticipation of the publication of the Notice of Guarantee…
CDFI Fund: Winners of Innovation Challenge Announced
Today, the Community Development Financial Institutions Fund (CDFI Fund) announced the winner of its 2015 Innovation Challenge. The winner, Association for Enterprise Opportunity (AEO), has been awarded a one-year contract to test an innovative way of partnering Community Development Financial Institutions (CDFIs) with small businesses in low-income areas that need investment. “I am very proud…
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 Markets Tax Credit Program (NMTC…
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 Financial Institutions Bond Guarantee Program…
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, data analysis, and reporting. The…
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 January 2016. The CDFI Fund…
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 (BEA Program), and they will…