Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
CDFI Fund Grant Requests Jump $15 Million
WASHINGTON (5/9/13)--Three times as many funds were requested this year through the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) as were available to grant.

For Fiscal Year 2013, CDFI program applicants requested a total of $410.8 million, which was a $15 million jump over last year's requests of nearly $395.7 million. Financial assistance (FA) applicants requested $402.2 million and technical assistance (TA) applicants requested nearly $8.6 million, according to a Treasury release.

The CDFI Fund received 401 applications for this funding round. The  309 applications for FA came from 43 states plus the District of Columbia and Puerto Rico; and the 92 TA applicants came from 30 states plus the District of Columbia and Puerto Rico.

The deadline for CDFI Program applications was February 28. The awards are expected to be announced in the fall.

For more, use the resource link for the CDFI Fund's release.
Other Resources

CDFI Fund Website
RSS





print
News Now LiveWire
Registration lottery for #CreditUnion #CherryBlossom Ten Mile Run opens Monday, Dec. 1 http://t.co/AGkKPof5Fy. Race is April 12
12 hours ago
The turkey hasn't even been served and #creditunions are already making plans for #GivingTuesday
14 hours ago
.@bankofamerica's $16.65 billion 'toxic mortgage' settlement finalized http://t.co/BIq1QyImXG
15 hours ago
RT @CUNA: #NussleReport: ICYMI: Revised RBC proposal in January w/a 90-day comment period #Fix RBC http://t.co/T4JcvWBDse
17 hours ago
.@TheNCUA release on Nov. prohibition orders out already. Here: http://t.co/YkA1QIYbYa
17 hours ago