The Community Development Financial Institutions (CDFI) Fund is seeking reviewers to assist in its review of applications received under the FY 2010 funding round of the new Capital Magnet Fund (CMF).  This program will provide competitively awarded grants to CDFIs and qualified nonprofit housing organizations to finance affordable housing and related community and economic development activities. 

The CDFI Fund is seeking CMF application reviewers with considerable expertise in the finance and development of affordable housing as well as community facilities and economic development activities.  Reviewers will evaluate the applications using the CDFI Fund’s established review criteria, including such factors as its business strategy, leveraging strategy, community impacts, and organizational capacity.  For more information on the CMF application, you may download the FY 2010 CMF Application from the CDFI Fund’s website at www.cdfifund.gov

If you are interested in serving as a reviewer, you must indicate your interest by submitting an electronic version of your resume to cmfreviewers@cdfi.treas.gov.  Reader applications will be accepted on a rolling basis.  However, please submit your application as soon as possible.  You must submit your resume (even if you are a past CDFI Fund application reviewer, or are currently under any contractual arrangement with the CDFI Fund) to the CDFI Fund by March 31, 2010 to ensure consideration for the FY 2010 CMF funding round reviews.  Please feel free to pass this letter along to other individuals who you believe possess the appropriate expertise and might be interested in serving as a reviewer.

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