The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2022 funding round for the CDFI Equitable Recovery Program (CDFI ERP). The program will provide approximately $1.73 billion in awards to Certified Community Development Financial Institutions (CDFIs) to respond to the economic impact of the COVID-19 pandemic. All applications must be submitted to the CDFI Fund by Aug. 23, 2022. The CDFI Fund will hold application webinars on June 29 from 1 to 2: 30 p.m. ET and July 7 from 3 to 4:30 p.m. ET.