Official websites use
A .gov website belongs to an official government organization in the United States.
Secure websites use HTTPS
A lock
()
or https:// means you’ve safely connected to the website. Share sensitive information only on official, secure websites.
The CDFI Fund is tentatively planning to open the calendar year (CY) 2021 New Markets Tax Credit (NMTC) Allocation Application round in the fall of 2021. If you are considering applying in the upcoming CY 2021 NMTC round, you may find the following information helpful.
Hawaii, with its tropical climate and rich Polynesian culture, is known as the American paradise. Among its inhabitants are Native Hawaiians that are the Aboriginal Polynesian people of the Hawaiian Islands or their descendants. According to the US Census 2019 American Community Survey 1-Year Estimates, 90,070 people identify themselves as solely Native Hawaiian. Their culture places major emphasis on the importance of family or “ohana,” which is an extended family unit that includes multigenerational family members living together as one unit.
Andrew Schlack is the Program Manager for the Capital Magnet Fund (CMF). Andrew joined the CDFI Fund in 2017 with over 20 years of experience in community development and affordable housing finance, and previously served as Acting Program Manager, and Associate Program Manager for the CDFI Program and Native Initiatives. Prior to joining the CDFI Fund, Andrew was Director of Investments at Calvert Impact Capital (CDFI) where he managed a portfolio of investments in secured real-estate, CDFIs, affordable housing developers, land banks, and other social enterprises. Andrew holds a Master’s of Architecture, and a Master’s of Urban and Regional Planning degrees from the University of Minnesota.
Update-July 1, 2021: For those preparing to apply for the FY 2021 application round, the Community Development Financial Institutions Fund (CDFI Fund) conducted an informational pre-application webinar on June 30, 2021 for the Capital Magnet Fund. The presentation and a recording of the session are available on the CDFI Fund's website at www.cdfifund.gov/cmf under How to Apply Step 2: Apply.
Community Development Financial Institutions (CDFIs) bridge the gap between low-income individuals, families and businesses and the financial resources that they need in order to thrive. CDFIs leverage their financial resources by working with state and federal agencies, foundations, other financial institutions, and private companies.
Update: March 31, 2021:The Community Development Financial Institutions Fund (CDFI Fund) staff will hold an informational pre-application webinar for the Small Dollar Loan Program on Tuesday, April 13, 2021. Topics covered will include setting up your critical SAM.gov and Grants.gov accounts, adjusting your organizational profile in the Awards Management Information System (AMIS), and other ways your organization can prepare in advance for the FY 2021 application round.
Small Dollar Loan Program Pre-Application Webinar
As we get deeper into 2021, I have heard from many of you asking when the application periods for the CDFI Fund’s various programs will open. I understand that in this difficult economic climate our programs are needed now more than ever. I also understand concerns that I have heard about the possibility that CDFIs and other community development organizations may have to work on multiple applications at the same time.
As 2020 comes to a close and we prepare to shift focus to 2021, I would like to highlight the recent substantial and important impact of Community Development Financial Institutions (CDFIs) and provide some important insights into CDFI Fund activities and priorities for the coming year.
Update February 11, 2021: The Community Development Financial Institutions Fund (CDFI Fund) staff will hold an informational pre-application webinar for the CDFI Rapid Response Program on Thursday, February 18, 2021. Topics covered will include setting up your critical SAM.gov and Grants.gov accounts, adjusting your organizational profile in the Awards Management Information System (AMIS), and other ways your organization can prepare in advance for the FY 2021 application round.
CDFI Rapid Response Program Pre-Application Webinar
Interested in applying to the upcoming fiscal year (FY) 2021 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program)? You may find the following information helpful in getting started. The CDFI Fund is tentatively planning to open the FY 2021 CDFI Program and NACA Program application round in the first quarter of calendar year 2021.