Save the Date: December 18th Transaction Level Report Question and Answer Session

The Community Development Financial Institutions Fund (CDFI Fund) will be conducting a Question and Answer (Q&A) webinar session on December 18, 2024 on the Transaction Level Report (TLR). The TLR is a data collection that evaluates the extent to which an entity serves distressed areas and underserved populations. Data provided through the TLR determines the share of an entity’s Financial Products and/or Financial Services that are deployed to its Target Market(s). The TLR includes the abbreviated TLR and the full-length TLR in the Awards Management Information System (AMIS). 

During this Q&A session, entities will have the opportunity to ask any TLR-related questions ahead of the January 6, 2025, Early Recertification Application submission deadline or Award Recipient reporting deadlines occurring in late 2024 or 2025. Directions on accessing the TLR Q&A webinar can be found in the Webinar Information section, below.

About the TLR

The full-length TLR collects compliance and performance data from Financial Assistance (FA) Award Recipients under the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program), as well as CDFI Rapid Response Program (RRP) Award Recipients and soon, for CDFI Equitable Recovery Program (ERP). The full-length TLR captures transaction level data on all new loans and investments originated during the reporting period including loan rates and terms, underwriting criteria, project costs and characteristics, geography, and borrower characteristics. 

The abbreviated TLR is a shorter version of the full-length TLR excluding any data fields related to program outcomes and impact. For Certified CDFIs, the abbreviated TLR is only applicable to those that do not have an active Assistance Agreement related to financial assistance from the following CDFI Fund programs: CDFI Program, NACA Program, CDFI ERP, and CDFI RRP. Any entity who is seeking CDFI Certification and has never been a Certified CDFI must complete the abbreviated TLR in conjunction with a Certification Application. Each entity will only submit one TLR report for a given fiscal year (abbreviated TLR or full-length TLR, but not both).

Besides the full-length TLR or abbreviated TLR, every TLR submission may consist of up to four additional objects in AMIS which include:

  • Consumer Loan Object—Submitted only by regulated entities (i.e. banks, credit unions) that originated consumer loans in the given fiscal year.
  • TLR Address Object—Submitted by any entity and consists of address data connected to each Financial Product in the given fiscal year excluding those reported on in the Consumer Loan Object.
  • TLR Loan Purchase Object —Submitted by an entity that makes any loan purchases in the given fiscal year.
  • TLR Financial Services Object—Submitted only by regulated depository institution who meets the level of financial product activity required to be able to use Financial Services to help meet Target Market threshold levels and consists of unique depository account holders in the given fiscal year.

All organizations seeking CDFI Certification under the revised CDFI Certification policies released by the CDFI Fund in December 2023 are required to submit a TLR as part of their CDFI Certification Application.

Webinar Information

The webinar will be held on Wednesday, December 18, 2024, from 1:00 pm to 3:00 pm Eastern Time (ET). Advance registration is not required to participate in the webinar. Viewing the webinar does require the use of Zoom. Access the webinar using the link provided below, at least five minutes prior to the beginning of the webinar. Requests for reasonable accommodations under section 504 of the Rehabilitation Act should be directed to Jay Santiago at the CDFI Fund at (202) 653-0300.

To learn more about the CDFI Fund and its programs, visit www.cdfifind.gov. For information about the CDFI Certification process, visit www.cdfifund.gov/cdficert.   

 

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