News

CDFI Publish Date
CDFI Fund Opens FY 2018 Funding Round for Capital Magnet Fund

The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) today opened the fiscal year (FY) 2018 funding round for the Capital Magnet Fund.

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 investments benefiting economically distressed communities across the nation.

Reminder for CDFI Fund Award and Allocation Recipient(s): Don't Forget Your Annual Compliance Report(s)!

Are you the Authorized Representative of an organization that has received a CDFI Fund Award and/or Allocation? If so, don't forget that in order to maintain compliance with your Assistance and/or Allocation Agreement(s) you must complete and submit the annual compliance report(s) as specified in your agreement(s).

CDFI Fund Re-Opens Application Period for FY 2018 CDFI Bond Guarantee Program

The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) today re-opened the fiscal year (FY) 2018 application period for the CDFI Bond Guarantee Program.

CDFI Fund Releases Application Demand for FY 2018 Round of CDFI Program and NACA Program

The fiscal year (FY) 2018 application round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) closed on April 4, 2018. The Community Development Financial Institutions Fund (CDFI Fund) received 538 applications from 485 organizations across the country requesting a total of $504.5 million.

CDFI Fund Opens CY 2018 Round of New Markets Tax Credit Program

The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) released today the Notice of Allocation Availability (NOAA) for the calendar year (CY) 2018 round of the New Markets Tax Credit Program (NMTC Program). The NOAA makes up to $3.5 billion in tax credit allocation authority available for the CY 2018 round.

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 related economic development activities in low-income communities.

CDFI Fund Releases Application Demand for FY 2017 Round of BEA Program
REPRESENTS OVER $500 MILLION IN INCREASED LENDING IN DISTRESSED COMMUNITIES

$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 Tax Credits today.

CDFI Fund Opens FY 2018 Funding Round for CDFI Program and NACA Program

Today, the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2018 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program).