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News Now

Washington
Informational conference calls on CDFI certification
WASHINGTON (7/29/08)--The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced an upcoming series of conference calls regarding CDFI certification. The calls are intended to serves as a forum for potential certification applicants to ask questions of CDFI Fund staff about becoming a certified CDFI. Credit unions and other organizations may be CDFI certified to provide financing and related services to communities and populations that lack access to credit, capital and financial services. To become certified, an organization must: be a legal entity, have an eligible primary mission, be a financing entity, serve an eligible target market, be accountable to the target market, provide corresponding development services, and not be controlled by a government entity. Among other benefits, CDFI certification allows applicants to apply for financial assistance through the CDFI Program. The schedule of conference calls is outlined below:
* Aug. 21, 2-3 p.m. EDT; * Sept. 18, 2-3 p.m. EDT ; * Oct. 16, 2-3 p.m. EDT; and * Nov. 13, 2- 3 p.m. EST.
To access any of the conference calls, participants need to call (202) 927-2255 and enter in the pin number 178182. No prior registration is necessary. The phone number and pin number are the same for all of the conference calls. For more information about CDFI certification eligibility and the application process, use the resource link below.
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