News

CDFI Publish Date

Washington, DC - Today, as part of the training and educational opportunities available under the Capacity Building Initiative, the CDFI Fund launched its first resource bank on the CDFI Fund website.

Washington, DC - The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) Director Donna J. Gambrell today announced awards totaling nearly $22 million to 77 depository institutions for serving economically distressed communities across the nation.

Washington, DC - Community Development Financial Institutions Fund (CDFI Fund) Director Donna J. Gambrell today announced the appointment of Dennis Nolan to serve as the Deputy Director of the CDFI Fund beginning Monday, October 24, 2011.

Washington, DC - U.S. Department of the Treasury today announced the seventh and final wave of funding provided through the Small Business Lending Fund. This includes 51 certified Community Development Financial Institutions (CDFIs) that received an aggregated total of $104,279,000.

Washington, DC - Reinforcing the Community Development Financial Institutions Fund's (CDFI Fund) commitment toward economic development in distressed and low-income communities, Director Donna J.

Honolulu, HI - Director Donna J. Gambrell of the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) traveled to Honolulu to join U.S. Senator Daniel K. Inouye and U.S.

314 Applications Received Requesting $26.7 Billion

Chicago, IL  Director Donna J. Gambrell of the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) traveled to Chicago to join U.S.

In an effort to promote greater investment in non-real estate businesses located in low-income communities through the New Markets Tax Credit Program (NMTC Program), the Internal Revenue Service (IRS) is publishing a notice of proposed rulemaking in the Federal Register tomorrow, June 7, 2011. A public hearing on the proposed regulations will be held September 29, 2011.

Washington, DC - U.S. Department of the Treasury today released the Term Sheet and other application materials needed by loan funds certified as Community Development Financial Institutions (CDFIs) to access lower-cost capital through the Small Business Lending Fund. Community Development Financial Institutions Fund (CDFI Fund) Director Donna J.