Capital Magnet Fund

The Community Development Financial Institutions Fund’s (CDFI Fund) Capital Magnet Fund (CMF) resumed accepting CMF Performance Reporting data in the CDFI Fund’s Awards Management Information Syste

Last week, Treasury Secretary Janet Yellen announced several new housing efforts as part of the Biden administration’s push to low

Update December 11, 2023: View the pre-application webinar recording and presentation here. 

Since its inception in 2008, the Capital Magnet Fund (CMF) has awarded nearly $1.1 billion in funding to create and preserve affordable housing for Low-Income families and economically distressed c

Update December 7, 2022: View the pre-application webinar recording and presentation here.

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 pr

Interested in applying to the upcoming fiscal year (FY) 2020 funding round for the Capital Magnet Fund? You may find the following information helpful in getting started.