CDFI

CDFI Fund: Application Period for FY 2018 CDFI Bond Guarantee Program Opens

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today opened the fiscal year (FY) 2018 application period for the CDFI Bond Guarantee Program. A total of up to $500 million in bond guarantee authority is available to eligible Community Development Financial Institutions (CDFIs) in FY 2018, pending Congressional authorization. Through…

CDFI Fund: Program Eligibility Information Update: 2011-2015 American Community Survey Data Available for CMF and NMTC Program

The Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has established a plan for releasing updated program eligibility information based upon Census Bureau data from the 2011-2015 American Community Survey (ACS). Eligibility requirements for the Bank Enterprise Award Program (BEA Program), Community Development Financial Institutions Program (CDFI Program), Native American CDFI Assistance Program…

CDFI Fund: Update for FY 2017 Round BEA Program Applicants: Electronic Application Now Available

The electronic application for the fiscal year (FY) 2017 round of the Bank Enterprise Award Program (BEA Program) is now available in the Community Development Financial Institutions Fund’s (CDFI Fund) Awards Management Information System (AMIS). All applicants must be registered in SAM.gov, Grants.gov, and AMIS to apply for funding. Previous applicants should confirm that their…

CDFI Fund: Public Meeting of CDFI Fund’s Advisory Board to Be Held in D.C. on November 16th

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 3:30 p.m. Eastern Standard Time on Thursday, November 16, 2017. The Advisory Board meeting will be held in the Cash Room at the U.S. Department of the Treasury located at…

CDFI Fund: Updated Program Eligibility Release for 2011-2015 American Community Survey Census Bureau Data

The Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has established a plan for releasing updated program eligibility information based upon Census Bureau data from the 2011-2015 American Community Survey (ACS). Eligibility requirements for the Bank Enterprise Award Program (BEA Program), Community Development Financial Institutions Program (CDFI Program), Native American CDFI Assistance Program…

CDFI Fund: FY 2017 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) 2017 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 the publication of the FY 2017 Notice of…

CDFI Fund: Treasury Guarantees $245 Million in Bond Funding for Projects in Low-Income Communities

Washington, DC—U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today that Treasury issued two guarantees totaling $245 million under the Community Development Financial Institutions (CDFI) Bond Guarantee Program. The guarantees were issued on behalf of nine Eligible CDFIs under the fiscal year (FY) 2017 round of the program. Over $1.36…

CDFI Fund: Annual CIIS Public Data on CDFI Program Recipient Reporting Released

The Community Development Financial Institutions Fund (CDFI Fund) released today 13 years of data provided by Community Development Financial Institutions (CDFIs) through its data collection system, the Community Investment Impact System (CIIS). The data collected covers fiscal years (FY) 2003 through 2015. The release contains Institution Level Report (ILR) data on 823 CDFIs that have…

CDFI Fund: U.S. Treasury Awards $208 Million for Investment Nationwide in Low-Income Communities

Funds Support Community Development and Revitalization Activity in Distressed Rural, Urban, and Native Communities The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 303 Community Development Financial Institutions (CDFIs) $208.7 million in awards today. The awards, through the fiscal year (FY) 2017 round of the Community Development Financial Institutions Program…