71. Which version of the ACR does an entity file and what is its due date?

FAQ Question
71. Which version of the ACR does an entity file and what is its due date?
FAQ Answer

An entity that is certified under the new Certification policies, released in December 2023, is required to submit the new version of the ACR according to the submission date shown on their ACR Reporting Schedule in AMIS. The submission date will be 180 days after the FYE of its most recently completed Fiscal Year (FY) unless directed otherwise by the CDFI Fund.

An entity that is certified under the prior Certification policies is required to submit the current version of the ACR according to the submission date shown on its ACR Reporting Schedule in AMIS. The submission date is 90 days after the FYE of its most recently completed FY, unless directed otherwise by the CDFI Fund.

AMIS will automatically determine which ACR an entity must complete based on the Certification date in its AMIS Org Profile.