CDFI Fund: Application Demand for FY 2019 Round of CDFI Program and NACA Program Released
The fiscal year (FY) 2019 application round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) closed on June 6, 2019. The Community Development Financial Institutions Fund (CDFI Fund) received 546 applications from organizations across the country, requesting a total of $579.54 million. Specifically:* 412 organizations requested…
CDFI Fund: Public Meeting of Advisory Board Scheduled for September 23rd in Washington, DC
Meeting Marks 25th Anniversary of the CDFI Fund The Community Development Financial Institutions Fund (CDFI Fund) is convening a meeting of the Community Development Advisory Board (the Advisory Board) from 9:00 a.m. to 3:00 p.m. Eastern Standard Time on Monday, September 23, 2019. The Advisory Board meeting will be held in Cash Room at the U.S. Department…
CDFI Fund: Application Demand for FY 2019 Round of BEA Program Released
Over $428 Million in Increased Investments, Lending and Services in Highly Distressed Communities and to CDFIs The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today the application data for the fiscal year (FY) 2019 round of its Bank Enterprise Award Program (BEA Program). A total of 117 applications were…
CDFI Fund: FY 2019 Capital Magnet Fund Funding Round Opens
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened today the fiscal year (FY) 2019 funding round for the Capital Magnet Fund. Through the Capital Magnet Fund, the CDFI Fund competitively awards funds to CDFIs and qualified non-profit housing organizations. These awards can be used to finance affordable housing activities,…
CDFI Fund: Annual CIIS Public Data Release on CDFI Program Recipient Reporting
The Community Development Financial Institutions Fund (CDFI Fund) released today an additional year of data provided by Community Development Financial Institutions (CDFIs) through its data collection system, known as the Community Investment Impact System (CIIS), representing 15 years of data. The data collected covers fiscal years (FYs) 2003 through 2017. This is the last year…
CDFI Fund: Reminders and Updates for FY 2019 CDFI Program and NACA Program Round Applicants
As a reminder for fiscal year (FY) 2019 Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) applicants, the deadline for online submission of the SF-424 through Grants.gov for this year’s CDFI Program and NACA Program funding rounds is May 3, 2019 at 11:59 p.m. ET. The deadline for online submission…
CDFI Fund: FY 2019 Funding Round for CDFI Program and NACA Program Open
Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2019 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program). The awards from these programs will support Community Development Financial Institutions (CDFIs) that provide affordable financing…
CDFI Fund: Public Comments Requested on FY 2020-2022 CDFI Program and NACA Program Applications
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, Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). Currently, the…
CDFI Fund: Revised Compliance Deadlines and Program Milestones for FY 2019
Community Development Financial Institutions Fund (CDFI Fund) Director Jodie Harris recently indicated that CDFI Fund staff were reviewing each program’s timelines and priorities in response to the recent government shutdown. The five-week shutdown requires the CDFI Fund to alter deadlines, and anticipated timelines, for compliance and reporting, awards announcements, and the opening of application rounds….
CDFI Fund: New Dates and Registration Open for FY 2019 CDFI Bond Guarantee Program Application Workshop
Due to the Government shutdown, the CDFI Bond Guarantee Program Application Workshop previously scheduled for January 29 & 30, 2019, was canceled. This two-day workshop for potential fiscal year (FY) 2019 Qualified Issuer and Guarantee applicants has been rescheduled for February 25 & 26, 2019, and will be co-sponsored with and hosted by the Office…