CDFI Fund

NH&RA News

NH&RA Hosts ICAST IRA & BIL Instant Benefit Estimate Calculator

ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.

General News

CDFI Fund Releases Updated FAQ Document for NMTC Compliance

The Community Development Financial Institutions (CDFI) Fund released an updated frequently asked questions (FAQ) document concerning compliance for the New Markets Tax Credit (NMTC) incentive.

General News

CDFI Fund Announces $5 Billion in New Market Tax Credits

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced $5 billion in New Markets Tax Credits (NMTC) today that will spur investment and economic growth in low-income urban and rural communities nationwide. A total of 102 Community Development Entities (CDEs) were awarded tax credit allocations, made through the calendar year […]

Treasury

CDFI Fund Releases Summary Report and Data on NMTC Investments

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released a summary report and data collected on all New Markets Tax Credit (NMTC) investments across the nation through the fiscal year (FY) 2021 reporting period.

General News

CDFI Certification Advisory Board Meeting – July 7

The Community Development Financial Institution (CDFI) fund continues efforts to revise the CDFI Certification application through the chair of the community development advisory board.

General News

Revisions to the CDFI Certification Application

CDFI announced revisions to its certification application.

General News

CDFI Fund Response to Economic Impacts of COVID-19

The Community Development Financial Institutions (CDFI) Fund announces awards of over $1.73 billion in grants to 603 CDFIs across the country through the CDFI Equitable Recovery Program (CDFI ERP).

General News

CDFI Fund Bank Enterprise Award Program

Last week, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced the fiscal year (FY) 2023 funding round for the Bank Enterprise Award (BEA) Program.

Treasury

CDFI New Markets Tax Credit Program

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announces that it received 197 applications for the calendar year (CY) 2022 round of the New Markets Tax Credit Program (NMTC Program).

General News

CDFI 2023 Capital Magnet Fund Applications & ACR Conference Call

The Community Development Financial Institutions Fund (CDFI Fund) announced that the Fiscal Year 2023 Capital Magnet Fund applications are due on March 21 at 11:59 p.m. ET.

General News

Jodie Harris to Step Down at CDFI Fund

At the end of April, Jodie Harris will step down as director of the Community Development Financial Institutions Fund (CDFI Fund) to serve as president of the Philadelphia Industrial Development Corporation (PIDC).

General News

Community Development Financial Institutions Fund FAQ’s

The Community Development Financial Institutions Fund (CDFI Fund) has provided an updated Frequently Asked Questions (FAQ) page for the CDFI Certification Blackout Period on its website.

General News

CDFI Fund Opens CY 2022 New Markets Tax Credit Application; Hosts Application Webinar Dec. 1

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released the Notice of Allocation Availability (NOAA) for the calendar year (CY) 2022 round of the New Markets Tax Credit (NMTC) Program.

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