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 …
CDFI FUND IMPACT BLOG
- Interested in applying to the upcoming fiscal year (FY) 2024 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program)? The Community Development Financial Institutions Fund (CDFI Fund) is tentatively planning …
- CDFI Fund releases two industry reports and a guide for Native entities. Eighteen months ago, the CDFI Fund launched the NMTC Native Initiative with the goal to increase New Markets Tax Credit (NMTC) investments in NMTC Native Areas[i] . Since the NMTC Program’s inception, the CDFI Fund has recorded …
- This post was originally published on the CDFI Fund’s Impact Blog. The CDFI Fund is tentatively planning to open the calendar year (CY) 2023 New Markets Tax Credit Program (NMTC Program) Allocation Application round in the fall of 2023. If you are considering applying for the upcoming CY 2023 …
- Pre-Application Webinar Scheduled for October 4, 2023 Later this fall, the Community Development Financial Institutions Fund (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 or expand …
- 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 communities. Through the program, the Community Development Financial Institutions Fund (CDFI Fund) …
- The COVID-19 pandemic forced many parents and their children to stay home as the country grappled with how to combat the new disease and keep the population safe through lockdowns, school closures, and emergency medical interventions. Employees from federal, state, and local governments, medical …
- .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 …
- In addition to its global impact on public health and safety, the COVID-19 pandemic sent economic shockwaves throughout the world. According to the Bureau of Economic Analysis, the United States’ Gross Domestic Product contracted by 3.5%, the largest contraction since 1946, and suffered the highest …
- In 2017, the Community Development Financial Institutions Fund (CDFI Fund) made extensive changes to the Financial Assistance (FA) and Technical Assistance (TA) applications. These changes were designed to ensure Community Development Financial Institutions Program (CDFI Program) and Native CDFI …
- If your FDIC-insured bank or thrift is contemplating submitting an application to the upcoming fiscal year (FY) 2023 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 2023 BEA …