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CDFI Fund Announces Nearly $25 Million in Bank Enterprise Awards for Increased Investments in Highly Distressed Communities

Washington, DC  Today, the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) announced nearly $25 million in awards to 119 banks for increasing… more

U.S. Treasury Awards $202.9 Million to Support Economic Growth in Low-Income Communities

Funds to Support Community Development Investments in Distressed Rural, Urban, and Native Communities

Treasury Guarantees $150 Million in CDFI Bond Funding

Since Inception, Over $1.5 Billion Guaranteed for Projects in Low-Income Communities

Washington, DC  U.S. Department of the Treasury's Community Development Financial Institutions… more

CDFI Fund Announces Nearly $22.8 Million in Bank Enterprise Awards for Increased Investment in Highly Distressed Communities

Washington  Today, the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) announced nearly $22.8 million in awards to 113 banks for increasing… more

U.S. Treasury Announces $120 Million in Awards for Affordable Housing

The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded 40 organizations $120 million today for the development of affordable housing and… more

$3.5 Billion in New Markets Tax Credits Awarded to Spur Economic Growth Nationwide

Washington  The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded 73 Community Development Entities (CDEs) $3.5 billion in New Markets… more

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… more

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

CDFI Fund Announces More Than $18.6 Million in Bank Enterprise Awards for Investment in Low-Income Communities

Washington  Today, the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) announced more than $18.6 million in awards to 102 FDIC-insured… more

New Markets Tax Credit Program Compliance Report Released

Washington  A new, independent report on the federal New Markets Tax Credit Program (NMTC Program) was released today by Summit Consulting LLC (Summit). The Compliance Review of New Markets… more