CDFI Fund Releases Updated Guidance and New Deadline for Early Submission of the CDFI Certification Application

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released a revised Community Development Financial Institution (CDFI) Certification Application Frequently Asked Questions (FAQs) document, Pre-Approved Target Market Assessment Methodology guidance, and an adjusted CDFI Certification Application timeline.

Webinar: CDFI Fund’s Annual Certification and Data Collection Report (ACR)

The CDFI Fund’s quarterly Annual Certification and Data Collection Report (ACR) conference calls, which are intended to serve as a forum for Certified CDFIs and other ACR stakeholders to ask questions and discuss the ACR and its submission process, have been scheduled for calendar year 2024.

Notice of Funding Availability: Native CDFI Relending Demonstration Program

The Native CDFI Relending Demonstration program is designed to improve homeownership opportunities for Native American Tribes, Alaska Native Communities, and Native Hawaiian Communities in rural areas. The program provides mortgage lending capital to Native CDFIs through a 33-year loan at one percent interest, with a three-year payment deferral at loan onset.