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HOME | COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUNDABOUTPROGRAMS & TRAININGRESEARCH & DATAAWARDSIMPACT BLOGNEWS & EVENTS As a reminder for fiscal year (FY) 2021 Small Dollar Loan Program (SDL Program) applicants, the deadline for online submission of the SF-424 through Grants.gov for this year’s SDL Program funding round is May 28, 2021 at 11:59 PM ET. Applicants must also have created an Awards Management Information System (AMIS) account and entered their EIN and DUNS numbers by May 28, 2021 at 11:59 PM ET. WELCOME TO THE CDFI FUND CIMS MAPPING TOOL This mapping tool was created to provide prospective applicants with the ability to search by address, census tract, and other geographic areas of interest to determine program eligibility for the BEA, CDFI, CMF, NACA, and NMTC programs. To get started, choose one of the programs below. Use the search bar to type an address and view eligibility information on the map. CDFI FUND OPENS FY 2021 CDFI PROGRAM AND NACA PROGRAM The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2021 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) today. The awards from these programs will support Community Development Financial Institutions NEW MARKETS TAX CREDIT CDFI FUND | NMTC Compliance & Monitoring FAQs | September 2020 3. 15. Is the six-month cure period found under § 1.45D-1(e)(6) available to correct an Allocatee’s OPPORTUNITY ZONES RESOURCES The authority to implement IRC 1400Z-1 and 1400Z-2 has been delegated to the IRS. The CDFI Fund is supporting the IRS with the OpportunityZone
CDFI FUND OPENS FY 2021 CDFI PROGRAM AND NACA PROGRAM The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2021 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) today. The awards from these programs will support Community Development Financial Institutions LEARN ABOUT THE FY 2021 CAPITAL MAGNET FUND ROUND: UP TO Interested in applying to the upcoming fiscal year (FY) 2021 funding round for the Capital Magnet Fund? You may find the following information helpful in getting started. The CDFI Fund is tentatively planning to open the FY 2021 application round in the summer of 2021 with more funding available in this round than any previous round. FY 2021 SMALL DOLLAR LOAN PROGRAM ROUND NOW OPEN FOR The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2021 funding round for the Small Dollar Loan Program (SDL Program) today. SDL Program funding is intended to expand consumer access to financial institutions by providing alternatives to high cost smalldollar lending.
UPDATE FROM CDFI FUND DIRECTOR JODIE HARRIS: CDFI FUND As we enter December and the end of 2020 approaches, I and the Community Development Financial Institutions Fund (CDFI Fund) team hope that you, your family, and your colleagues are healthy and keeping safe during the holiday season.CDFI CERTIFICATION
Step 1: Application Process An entity seeking to be certified as a Community Development Financial Institutions (CDFI) must submit a CDFI Certification Application through the CDFI Fund’s Awards Management Information System (AMIS). The CDFI Fund has developed the application materials listed to help you understand the CDFI Certification requirements and how to apply for Certification.CAPITAL MAGNET FUND
Capital Magnet Fund The Capital Magnet Fund offers competitively awarded grants to finance affordable housing solutions and community revitalization efforts that benefit low-income people and communities nationwide. This is the real change that communities recognize. To date, the Capital Magnet Fund has:CAPITAL MAGNET FUND
Step 5: Compliance Resources and Reporting The Compliance Resources and Reporting documents for the Capital Magnet Fund are below. Please direct any questions to the CDFI Fund’s Help Desk at 202-653-0421, or cmf@cdfi.treas.gov. AMIS Demonstration Videos Rental Project Reporting Updated - July 21, 2020 Homeownership Project Reporting Updated - July 21, 2020 BANK ENTERPRISE AWARD PROGRAM Bank Enterprise Award Program Benefits The BEA Program awards FDIC-insured depository institutions for increasing their investments and support of CDFIs and advancing their community development financing and service activities in the most economically distressed communities. Over the past three years, BEA Program awardees haveincreased:
CDFI FUND - U.S. TREASURY - PERSISTENT POVERTY DATA—BY COUNTY The CDFI Fund's vision is an America in which all people have access to affordable credit, capital, and financial services. The CDFI Fund mission is to expand the capacity of financial institutions to provide credit, capital, and financial services to underserved populations and communities in the United States.AMBER KUCHAR-BELL
Amber Kuchar-Bell is the CDFI Program and NACA Program Manager at the Community Development Financial Institutions Fund. Prior to joining the CDFI Fund, Amber was an investment officer for the Calvert Foundation, a CDFI, where she managed a $68 million investment portfolio of CDFIs including Native CDFIs, CDEs, and social enterpriseorganizations.
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U.S. Department of the Treasury Community Development FinancialInstitutions Fund
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It looks like your browser does not have JavaScript enabled. Please turn on JavaScript and try again.* About
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INVESTING_for the_ FUTURE
Empowering America's ECONOMICALLY Distressed CommunitiesPage Content
WHAT DOES THE CDFI FUND DO? The Community Development Financial Institutions Fund (CDFI Fund) plays an important role in generating economic growth and opportunity in some of our nation’s most distressed communities. By offering tailored resources and innovative programs that invest federal dollars alongside private sector capital, the CDFI Fund serves mission-driven financial institutions that take a market-based approach to supporting economically disadvantaged communities. These mission-driven organizations are encouraged to apply for CDFI Certification and participate in CDFI Fund programs that inject new sources of capital into neighborhoods that lack access to financing. Each business financed, each job created, and each home built represents a critical step in the transformation of a life, a family, and a community. This is real change. This is the CDFI Fund. DiscoverMore >
* What are CDFIs?
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IMPORTANT INFORMATION ABOUT CORONAVIRUS Treasury Coronavirus Resources, Updates, and What You Should Know SBA Information about Paycheck Protection Program (PPP) Update from CDFI Fund Director Jodie Harris - April 1, 2020 ARE YOU AN INDIVIDUAL OR BUSINESS SEEKING A LOAN? Click here to learn how to find CDFIs and CDEs that are providing services in your community. ARE YOU SEEKING OPPORTUNITY ZONES INFORMATION? Click here to find information and resources about Opportunity Zones. ARE YOU KEEPING SAFE FROM SCAMS? Scammers have been contacting individuals claiming to be from the CDFI Fund. Click here to learn more.OUR PROGRAM AREAS
Bank Enterprise Award Program › The BEA Program provides awards to FDIC-insured institutions for eligible investments. CDFI Bond Guarantee Program ›The CDFI
Bond Guarantee Program is a source of long-term, patient capital forCDFIs.
CDFI Program ›
The CDFI
Program provides Financial and Technical Assistance awards to CDFIs. Capacity Building Initiative ›The Capacity
Building Initiative is a source of training and technical assistancefor CDFIs.
Capital Magnet Fund ›The Capital
Magnet Fund encourages the development of affordable housing in low-income communities. Native Initiatives › The Native Initiatives provides awards, training, and technical assistance to CDFIs serving Native Communities. New Markets Tax Credit Program › The New Markets Tax Credit encourages economic and community development in low-income communities. It looks like your browser does not have JavaScript enabled. Please turn on JavaScript and try again. It looks like your browser does not have JavaScript enabled. Please turn on JavaScript and try again.IMPACT WE MAKE
The vision of the Community Development Financial Institutions Fund (the CDFI Fund) is to economically empower America’s underserved and distressed communities. WebPartWPQ13 View the CDFI Fund's Blog_13.3_THOUSAND
The number of affordable homes under development or completed by Capital Magnet Fund awardees to dateANNOUNCEMENTS
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Apr 08, 2020 : UPDATES CDFI Fund Extends Application Deadline for FY 2020 CDFI Program and NACA Program Funding Round The Community Development Financial Institutions Fund (CDFI Fund) will extend the upcoming application deadlines for the fiscal year (FY) 2020 funding round of the Community Development Financial Institutions Program (CDFI Program) and Native American (...)*
Apr 02, 2020 : UPDATES FY 2020 Funding Round of BEA Program is Now Open Today, the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2020 funding round for the Bank Enterprise Award Program (BEA Program). Application materials are now available on the (...)*
Mar 19, 2020 : UPDATES Reminder: Use the 2011-2015 ACS Data to Validate Target Markets and Investment Areas in your ACR The Community Development Financial Institutions Fund (CDFI Fund) reminds Certified Community Development Financial Institutions (CDFIs) that have Annual Certification and Data Collection Reports (ACRs) coming due to ensure they are utilizing the U.S. (...) View all Announcements › It looks like your browser does not have JavaScript enabled. Please turn on JavaScript and try again. It looks like your browser does not have JavaScript enabled. Please turn on JavaScript and try again.UPCOMING EVENTS
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May 13
6:00 PM – 7:00 PM
Webinar
FY 2020 Capital Magnet Fund Pre-Application Webinar*
May 21
7:00 PM – 8:00 PM
Conference Call
CDFI Certification Conference Call*
Jun 18
7:00 PM – 8:00 PM
Conference Call
CDFI Certification Conference CallView Events ›
It looks like your browser does not have JavaScript enabled. Please turn on JavaScript and try again. It looks like your browser does not have JavaScript enabled. Please turn on JavaScript and try again. STRATEGIC PLAN FY 2017 - FY 2022 › It looks like your browser does not have JavaScript enabled. Please turn on JavaScript and try again. It looks like your browser does not have JavaScript enabled. Please turn on JavaScript and try again. REQUEST A SPEAKER Schedule a Speaker for your next event › It looks like your browser does not have JavaScript enabled. Please turn on JavaScript and try again. It looks like your browser does not have JavaScript enabled. Please turn on JavaScript and try again. CDFI Fund Tools & ResourcesPage Content C
ACCESS TOOLS AND RESOURCES Access the CDFI Fund's database systems below. Use the Awards Database search to find CDFI Fund awardees by state for all of the CDFI Fund's programs. AMIS is the CDFI Fund's Awards Management Information System, which has replaced the Community Investment Impact System andmyCDFIFund.
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