CDFI FUND IMPACT BLOG

Since its inception in 2008, the Capital Magnet Fund (CMF) has awarded nearly $1.1 billion in funding to create and preserve affordable housing for Low-Income families and economically distressed communities. Through the program, the Community Development Financial

If your FDIC-insured bank or thrift is contemplating submitting an application to the upcoming fiscal year (FY) 2023 funding round for the Bank Enterprise Award Program (BEA Program), you may find the following information helpful as you plan.

• The CDFI Fund

Recently, the CDFI Fund announced the selection of a contractor to administer the New Markets Tax Credit (NMTC) Native Initiative, which is an effort to increase NMTC investments in NMTC Native Areas^[1]