CDFI FUND IMPACT BLOG

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 …

Recently, the CDFI Fund announced the selection of a contractor to administer the New Markets Tax Credit (NMTC) Native Initiative, which is an effort to increase NMTC investments in NMTC Native Areas[1]. The genesis of this new initiative, in part, stems from the CDFI Fund’s Strategic Plan that …

The US Census Bureau defines disability as a long-lasting physical, mental, or emotional condition. This condition can make it difficult for a person to do activities such as walking, climbing stairs, dressing, bathing, learning, or remembering, which can impede a person’s ability to go outside the …

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 …