The CDFI Fund announced Thursday that the FY 2017 funding round will likely open in June of this year. An estimated $120 million will be available for the round.

The CDFI Fund will hold an informational conference call on May 10, 2017 to provide an overview of the Capital Magnet Fund program and answer initial questions. CDFI Fund staff will provide a basic outline of the program’s structure and requirements to help organizations learn more about the program.

Capital Magnet Fund Conference Call
Advance registration is not required to attend.
Date: May 10, 2017
Time: 3:00-4:00 p.m. EDT
Call: 1-888-469-1577
Passcode: 1415620

This call is not an application workshop or training. More information regarding the FY 2017 Capital Magnet Fund application will be available when the NOFA is released later this year.