CDFI Fund: Public Comment Requested on Annual Certification and Data Collection Report (ACR) and Abbreviated Transaction Level Report (ATLR)
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 Requested on Community Development Financial Institution (CDFI) Certification 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 Uses of Awards Report Form
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: CY 2026 Round of New Markets Tax Credit Program Opens
$5 Billion in Allocation Authority Available The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released the Notice of Allocation Availability (NOAA) for the calendar year (CY) 2026 round of the New Markets Tax Credit Program (NMTC Program). Pursuant to the One Big Beautiful Bill Act of 2025 (Pub. L. 119-21), the…
CDFI Fund: U.S. Department of the Treasury Announces FY 2025 and FY 2026 Awards for Multiple CDFI Fund Programs
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced awards for the FY 2025 Community Development Financial Institutions (CDFI) and Native American CDFI Assistance (NACA) Programs, and the FY 2026 Bank Enterprise Award (BEA) and Small Dollar Loan (SDL) Programs. The awards announced today will collectively support the increase of…
CDFI Fund: Agency Welcomes a New Director
Today, the U.S. Department of the Treasury announced Chris Miller as the Director of the Community Development Financial Institutions (CDFI) Fund. “I am honored to serve as a presidential appointee and Director of the CDFI Fund, bringing my industry experience in community development finance to this important role,” said Mr. Miller. “I look forward to…
CDFI Fund: CY 2026 New Markets Tax Credit Program Application Allocation Round Begins Soon
$5 Billion in Allocation Authority will be Available The upcoming calendar year (CY) 2026 round of the New Markets Tax Credit Program (NMTC Program) will make $5 billion in Allocation Authority available for investments in low income and distressed communities. The CDFI Fund is planning to open the CY 2026 NMTC Program Allocation Application round…
CDFI Fund: Summary Report and Public Data for NMTC Program for FYs 2003-2023 Released
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today released a summary report and data collected on all New Markets Tax Credit (NMTC) investments across the nation from fiscal year (FY) 2003 to FY 2023. The CDFI Fund requires all Community Development Entities (CDEs) that have been awarded NMTC allocations…
CDFI Fund: Target Market Updates to CDFI Certification Policy for Non-Metro Customized Investment Areas Including Non-Metro Counties and Parishes Released
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has updated the Target Market activity thresholds for organizations interested in achieving or maintaining CDFI Certification with a non-Metro Customized Investment Area (CIA) including non-Metro counties and parishes. CIAs consist of specially designated geographic areas that meet the following conditions: In December 2023, the CDFI…
CDFI Fund: Beware of Fraud Attempts Using Fictitious CDFI Fund Communications and Accounts
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) would like to make the public aware of fraudulent social media profiles, email accounts, text messages, and phone numbers that attempt to impersonate or otherwise associate themselves with the CDFI Fund. Although the precise platforms and messages vary, these imposters provide false…