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The cdfi funds awards management information system. To be eligible to apply for a financial assistance award your organization must be a certified cdfi.
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The ceos of liif capital impact partners iff and reinvestment fund issued a joint statement outlining how oversimplified cra metrics could damage local responsiveness and lessen social impact.
Cdfi fund logo. He guides the cdfi fund in the development and design of innovative information technology by working with cdfi fund staff to improve business practices and pursue new methods of collaboration and decision making. Mnuchin is responsible for the us. The cdfi fund is tentatively planning to open the fy 2020 cdfi program and naca program application round in the first quarter of calendar year 2020ppthe cdfi program and naca program team held a pre application webinar for potential applicants on december 18 2019.
Peoplefund provides small business loans to established businesses nonprofits and start ups creating economic opportunity and financial stability. What does the cdfi fund do. Ppaul markovitz serves as the chief information officer at the community development financial institutions fund.
The cdfi fund also offers supplemental awards through the healthy food financing initiative. An agency of the united states department of the treasury it was established through the riegle community development and regulatory. Community development financial institution cdfi certification is a designation given by the cdfi fund to specialized organizations that provide financial services in low income communities and to people who lack access to financing.
Peoplefund is rated aa2 by the cdfi assessment and rating system. The community investment mapping system illustrates eligible investment areas for the cdfi funds programs. Cdfis that are selected to receive a financial assistance award may also receive a healthy food financing initiative award to expand their healthy food.
You may find the following information helpful in getting started. Treasury whose mission is to maintain a strong economy foster economic growth and create job opportunities by promoting the conditions that enable prosperity at home and abroad. Ceos of four national cdfi loan funds comment on cra rulemaking.
The community development financial institutions fund cdfi fund plays an important role in generating economic growth and opportunity in some of our nations most distressed communities. Steven terner mnuchin was sworn in as the 77th secretary of the treasury on february 13 2017. The community development financial institutions fund cdfi fund promotes economic revitalization in distressed communities throughout the united states by providing financial assistance and information to community development financial institutions cdfi.
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