News

CDFI Publish Date
CDFI Fund Opens FY 2016 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) 2016 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program).

CDFI Fund Opens FY 2016 Funding Round for Capital Magnet Fund

The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) opened today the fiscal year (FY) 2016 funding round for the Capital Magnet Fund.

Save the Date: Upcoming FY 2016 CDFI Program and NACA Program Application Release and Application Workshops

The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) is tentatively planning to release the Notice of Funds Availability (NOFA) and applications for the FY 2016 Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) in mid- to late February 2016.

CDFI Fund Releases Application Demand for 2015 Round of NMTC Program

The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) announced today that it received a total of 238 applications under the 2015 round of the New Markets Tax Credit Program (NMTC Program).

CDFI Fund Opens Application Period for FY 2016 CDFI Bond Guarantee Program

Up to $750 Million in Bond Guarantee Authority Available

CDFI Fund Opens CY 2015 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) 2015 round of the New Markets Tax Credit Program (NMTC Program).

Treasury Guarantees $327 Million in Bond Funding for Projects in Low-Income Communities

The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) announced today that an additional nine bond loans, totaling $327 million, were guaranteed in fiscal year (FY) 2015, bringing the total guaranteed to date to $852 million.

CDFI Fund Announces $18 Million in Bank Enterprise Awards for Investment in Low-Income Communities

Today, the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) announced $18.1 million in grant awards to 83 FDIC-insured financial institutions for serving economically distressed communities across the nation.

U.S. Treasury Awards More Than $200 Million to CDFIs to Spur Economic Growth in Low-Income Urban, Rural, and Native Communities

Awards through the CDFI Program and NACA Program support CDFI lending and investment nationwide

September 10, 2015

Treasury Announces $3.5 Billion in New Markets Tax Credit Awards to Spur Economic Growth Nationwide

Washington The U.S. Treasury Department's Community Development Financial Institutions Fund (CDFI Fund) today announced more than $3.5 billion in New Markets Tax Credit awards aimed at stimulating investment and economic growth in low-income urban neighborhoods and rural communities nationwide.