CDFI FUND IMPACT BLOG

Update December 11, 2023: View the pre-application webinar recording and presentation here. Interested in applying for a Capital Magnet Fund Award? You may find the following information helpful in getting started. The CDFI Fund is tentatively planning to open the fiscal year (FY) 2024 Application …

.table th, .table td {padding:0;} In late-February, the CDFI Fund announced that 252 CDFIs received $194.1 million in Financial Assistance (FA) awards through the fiscal year (FY) 2022 round of the Community Development Financial Institutions Program (CDFI Program) and the Native American CDFI …

With a population of more than 2.7 million1, the City of Chicago is the third most populous city in America and has a total economic output of $770.7 billion2. This makes it the third largest metropolitan economy in the United States, after New York and Los Angeles. In spite of the city’s economic …

Update December 7, 2022: View the pre-application webinar recording and presentation here. Interested in applying for a Capital Magnet Fund Award? You may find the following information helpful in getting started. The CDFI Fund is tentatively planning to open the fiscal year (FY) 2023 application …

For those preparing to apply for the fiscal year (FY) 2022 CDFI Equitable Recovery Program application round, the CDFI Fund has recorded an informational pre-application webinar. Topics covered include setting up your critical SAM.gov and Grants.gov accounts, adjusting your organizational profile in …

Interested in applying to the upcoming fiscal year (FY) 2022 funding round for the CDFI Equitable Recovery Program (CDFI ERP)? The Community Development Financial Institutions Fund (CDFI Fund) is tentatively planning to open the fiscal year (FY) 2022 CDFI ERP application round later this spring. Now …

Pre-Application Webinar Scheduled for April 27, 2022 Later this spring, the CDFI Fund will be accepting applications for the Small Dollar Loan Program (SDL Program). The SDL Program was created to encourage Certified CDFIs to establish and maintain small dollar loan programs and provide alternatives …

Did you know that the CDFI Fund has a program that can help your organization expand and strengthen your small dollar lending program? The CDFI Fund’s Small Dollar Loan Program (SDL Program) was created to help expand consumer access to financial institutions by providing alternatives to high cost …

The CDFI Fund announced the FY 2021 CDFI Program and NACA Program Financial Assistance awards on December 8, 2021. Did you know that nearly 60% of all the awards will go to serve small and rural communities? There was also a diverse array of financial institution types that received awards through …

Update-January 11, 2022: For those preparing to apply for the FY 2022 application round, the Community Development Financial Institutions Fund (CDFI Fund) conducted an informational pre-application webinar on January 10, 2022 for the CDFI Program and NACA Program. The presentation and a recording of …

The CDFI Fund anticipates opening the fiscal year (FY) 2021 Bank Enterprise Award Program (BEA Program) application round in the fall of 2021. This will ensure that the CDFI Fund can review the applications and announce awards in the spring of 2022. If your FDIC-insured bank or thrift is …

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. NMTC Allocation Application …

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 …

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, …

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 …

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 …

​Recently, the Community Development Financial Institutions Fund (CDFI Fund) announced the largest number of awards ever in the history of the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program). The fiscal year (FY) 2020 …

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. The CDFI Fund is tentatively planning to open the FY 2020 application round in late spring 2020. The Capital Magnet Fund team …

If your FDIC-insured bank or trust is contemplating submitting an application to the upcoming fiscal year (FY) 2020 funding round for the Bank Enterprise Award Program (BEA Program), you may find the following information helpful as you plan. The CDFI Fund anticipates opening the FY 2020 BEA Program …

Interested in applying to the upcoming fiscal year (FY) 2020 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 …

I hope you enjoy the new site, which was designed to better serve YOU, the CDFI Fund’s applicants and awardees and members of the public, as you look for more information about our programs. There may be a whole new look and feel, but the same in-depth information you’ve come to expect …