$10 Billion will Become Available in the Upcoming New Market Tax Credit Program Allocation Round

As previously announced, the next round of the New Markets Tax Credit Program (NMTC Program) will make $10 billion in Allocation Authority available, and the round will span calendar years (CYs) 2024 and 2025. The CDFI Fund is tentatively planning to open the CY 2024-2025 NMTC Program Allocation Application round this fall.

Register NOW for the CDFI Equitable Recovery Program Technical Assistance Workshop Nearest You

Join the Community Development Financial Institutions Fund (CDFI Fund) for an engaging in-person compliance and reporting workshop on October 24 – 25, 2024, in Los Angeles, CA, designed for Community Development Financial Institutions Equitable Recovery Program (CDFI ERP) Recipients.

CDFI Fund Announces FY 2024 CDFI Program and NACA Program Financial Assistance Awards

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today awarded 357 Community Development Financial Institutions (CDFIs) with $408.2 million in Financial Assistance (FA) awards to provide financial services and products for low-income and underserved individuals and communities across America.

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.