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 …
CDFI FUND IMPACT BLOG
- 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 …
- The U.S. Department of Agriculture (USDA) defines food insecurity as the disruption of food intake or eating patterns because of lack of money and other resources. In 2019, prior to the COVID-19 pandemic, USDA estimates that 10.5% (13.7 million) households were food insecure at some point in time …
- A major logistical and economic decision facing American families is finding quality affordable childcare. This is especially difficult for low-income families. According to the US Census Bureau, low-income families (less than 200% of the poverty level; or less than $50,000 for a family of four) …
- 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 …
- Recovering from a disaster is a long, traumatic, and expensive process for survivors and the communities in which they live. In distressed and underserved areas, where insurance or private financial resources are often unaffordable or unavailable, recovery is an even more daunting effort. While …
- 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 …
- With its limited banking presence, the rural area of Atmore, Alabama lacks mainstream financial service options, particularly for the quarter of its residents that are living at or below the poverty level. This is a familiar situation in rural areas across the nation located in, or are at risk of …
- 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 …