News

CDFI Publish Date
CDFI Fund Announces New Native Initiatives Workshop Series

Workshops to Explore Economic Development Opportunities for Native Communities

CDFI Fund Receives 230 Applications Requesting More Than $1 Billion

Over 49 States Represented in Capital Magnet Fund Applications

U.S. Treasury Awards $2 Million to Benefit Organizations Serving Prospective Homebuyers

Five Organizations to Receive Funding for Financial Education and Counseling Initiatives

Director Gambrell, Senator Bingaman Announce Over $10 Million In 2010 Native American CDFI Assistance Awards

Financial and Technical Assistance to Further Strengthen Expanding Native Community Development Financial Institutions

CDFI Fund Director Gambrell Celebrates Opening of New Workforce Readiness Center

$29 Million in Recovery Act New Markets Tax Credits Supports "Re-Birth" of Compton, California

President's 2011 Budget Requests $250 Million for Treasury's CDFI Fund

Washington, DC - Today, President Obama released the fiscal year (FY) 2011 Budget proposal, which includes $250 million for the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund).

Director Gambrell Participates in Event Celebrating Investment in Affordable Housing Project in Southwest Detroit

Detroit, Michigan - U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) Director Donna J. Gambrell visited Detroit, Michigan today to attend a site visit and press event hosted by the Michigan Interfaith Trust Fund (Trust Fund), a certified CDFI and recipient of a 2009 CDFI Program award of one million dollars.

Demand for New Markets Tax Credits Remains Strong

250 Applications Received Requesting $23.5 Billion

Demand Increases 30 Percent for FY 2010 Native American CDFI Assistance Program

CDFI Fund Receives 61 Funding Applications Requesting $23.7 Million

Demand Up 97 Percent in FY 2010 Round of CDFI Program CDFI Fund Receives 408 Applications Requesting More Than $467 Million

Washington, DC - The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) announced today that it received a total of 408 applications for the fiscal year (FY) 2010 round of the CDFI Program, representing a significant increase in demand.