At the 2016 CDFI Institute, attendees discussed where the industry started, its current state and plans for the future of CDFIs Last week, the 22nd Community Development Financial Institutions (CDFI) Institute was held in our nation’s capital. The event, hosted by the CDFI Coalition, drew over 150 community development stakeholders from around the nation. Prominent […]
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CDFI Fund Opens FY 2016 Funding Round for CDFI Program and NACA Program
The NOFAs for the CDFI Fund and NACA Programs were posted on the federal registry this morning and the Fund released the applications this afternoon, opening the FY 2016 Funding Round for both programs. In the spending deal reached in December, Congress appropriated the CDFI Fund $190.5 million in FY 2016 in Financial Assistance (FA) […]
Treasury Guarantees $327 Million in Bond Funding for Projects in Low-Income Communities
CDFI Fund announced today that an additional nine bond loans, totaling $327 million, were guaranteed in fiscal year (FY) 2015, bringing the total guaranteed to date to $852 million. All of the bond proceeds, provided through the Community Development Financial Institutions Bond Guarantee Program (CDFI Bond Guarantee Program), will provide long-term, fixed rate capital for projects […]
CDFI Fund Announces FY 2015 CDFI Program Awards
U.S. Treasury Awards More Than $200 Million to CDFIs to Spur Economic Growth in Low-Income Urban, Rural, and Native Communities Awards through the CDFI Program and NACA Program support CDFI lending and investment nationwide September 10, 2015 Washington – The U.S. Treasury Department’s Community Development Financial Institutions Fund (CDFI Fund) awarded 195 Community Development Financial Institutions […]
CDFI Fund to Hold National Listening Tour
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced a national listening tour to solicit public opinion regarding a new strategic framework for the CDFI Fund. Intended to foster discussion and engagement among local community development leaders and practitioners, the listening tour will be co-hosted by CDFI Fund Director Annie […]
Action Needed on FY 2016 CDFI Fund Appropriations
ACTION NEEDED ON FY 2016 APPROPRIATIONS As part of the annual budget and appropriations process, Members of Congress are given an opportunity to submit requests to the Appropriations Committee on behalf of specific federal program(s) or agency they support and would like to see funded at a specific level in the next fiscal year. Members […]