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Blog

Tag: CDFI Fund

News

CDFI Fund Announces FY 2021 Financial Assistance Awards

On December 8, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 265 organizations $180.3 million in…

December 10, 2021
News

Lawmakers Pass Second Short-Term Funding Bill to Avoid Government Shutdown

On December 2, Congress passed a short-term continuing resolution (CR) to maintain fiscal year (FY) 2021 spending levels through February 18, 2022….

December 7, 2021
News

First Round of Small Dollar Loan Program Awards Announced

On September 23, the Community Development Financial Institutions Fund (CDFI Fund) at the Department of the Treasury announced $10.8 million in awards…

September 23, 2021
News

$5 Billion in New Markets Tax Credit Allocations Announced

On September 1, the CDFI Fund announced $5 billion in New Markets Tax Credit (NMTC) allocations through the Calendar Year 2020 allocation…

September 13, 2021
News

CDFI Fund Awards Historic $1.25 Billion in Rapid Response Grants

The Community Development Financial Institutions Fund (CDFI Fund) awarded $1.25 billion in emergency financial assistance to 863 CDFIs, the largest single funding…

June 15, 2021
News

Urge Congress to Support $1 Billion for the CDFI Fund!

With the release of President Biden’s initial budget proposal last month and the expected release of the full budget document next week,…

May 20, 2021
News

CDFI Fund Opens First Funding Round for Small Dollar Loan Program

The CDFI Fund has opened the first funding round for the Small Dollar Loan Program (SDL Program). SDL Program funding is intended…

April 28, 2021
News

Biden Budget Proposal of $330 Million for CDFI Fund Falls Short

On April 9, President Biden released his long-awaited budget proposal outlining his administration’s federal spending priorities for fiscal year (FY) 2022. The…

April 9, 2021
News

Take Action to Support $1 Billion for CDFIs!

In the past year, more has been asked of the CDFI industry than ever before, and CDFIs have stepped up to serve…

March 18, 2021
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