My organization has not yet submitted a CDFI Certification Application. If an Application is submitted prior to the start of the blackout period, will it still be accepted and reviewed?

Yes. All CDFI Certification Applications and Target Market Modification Applications submitted through AMIS prior to the start of the blackout period on October 1, 2022 will be accepted and reviewed by the CDFI Fund.

Organizations seeking certification for the first time prior to the blackout period, under the current Certification requirements, will be required to submit a new CDFI Certification Application within 12 months to demonstrate compliance to the new policies. The CDFI Fund encourages new applicants to review the new policies during the Application preview and OMB 30 day comment period, prior to submitting the application to determine if it’s beneficial for your organization to become certified right now if it may not be able to maintain certification under the new policies.