News

CDFI Publish Date
CDFI Fund Awards $2.3 Million in Technical Assistance Grants Through the FY 2009 CDFI Program

Washington, DC - Community Development Financial Institutions (CDFI) Fund Director Donna J. Gambrell today announced that $2,363,917 in Technical Assistance grants are being awarded to 27 organizations working in economically distressed communities across the country.

President Obama's FY 2010 Budget Request Doubles Funding for CDFI Fund

Washington, DC - Today, President Obama released the funding highlights for the Administration's fiscal year 2010 budget titled A New Era of Responsibility Renewing America's Promise, requesting to double funding for the CDFI Fund.

Statement of Director Donna Gambrell on the signing of the American Recovery and Reinvestment Act

Washington, DC - "Today, President Obama signed into law the American Recovery and Reinvestment Act which is critical to ensuring the country's economic recovery.

CDFI Fund Receives 260 Applications Requesting More Than $237.7 Million Under The 2009 Round of the CDFI Program

Washington, DC - The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund announced today that it received a total of 260 applications for the fiscal year 2009 round of the CDFI Program, up 16 percent over last year's round (225 total applications).

Statement from Director Gambrell on Treasury Announcement Related to the Capital Purchase Program for CDFI Banks

Washington, DC - Community Development Financial Institutions (CDFI) Fund Director Donna Gambrell issued the following statement on the U.S. Treasury Department's issuance today of the Capital Purchase Program Term Sheet.

Treasury Awards $3.5 Billion to Encourage Private Sector Investments in Distressed Communities

Washington, DC - U.S. Treasury Deputy Secretary Robert M. Kimmitt and Treasury's Community Development Financial Institutions (CDFI) Fund Director Donna J. Gambrell announced in Washington, DC, that 70 organizations were selected to receive $3.5 billion in tax credits for use in low-income communities.

CDFI Fund Director Donna Gambrell Selected to Serve in Treasury's Office of Financial Stability

Washington, DC - On Monday, U.S. Treasury Department Interim Assistant Secretary for Financial Stability Neel Kashkari announced that CDFI Fund Director Donna Gambrell has been selected to serve as interim Chief of Homeownership Preservation.

U.S. Treasury Awards $20.1 Million in Awards to Banks for Work in Economically Distressed Communities Nationwide
2008 BEA Overview of Awardees 2008 BEA List of Awardees 2008 BEA Profiles of Awardees
U.S. Treasury Official and Congressman Phil English Participate in Workshop to Increase New Markets Tax Credit Investments in Northwestern PA

Erie, PA - Today, the Director of the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund Donna J. Gambrell was in Erie, Pennsylvania to participate with Congressman Phil English in a New Markets Tax Credit (NMTC) workshop. The workshop was held in the H.O. Hirt Auditorium at the Erie County Public Library.

Departments of Treasury and Justice Address Economic Development in Indian Country


CDFI Fund
Contact: Bill Luecht
(202) 622-8042
WWW.CDFIFUND.GOV


Office of Justice Programs
Contact: Sarah Matz
(202) 307-0703