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
Stay tuned for coverage of @CUNA's BSA conference which starts Sunday. #CUNABSA #CUNACompliance
4 hours ago
Today's the last day to complete @CUNA's Home Depot data breach survey http://t.co/UcB8G9bVXe #StoptheDataBreaches
6 hours ago
Brenda Davis of Cross Roads Ministries will walk through 83 communities during the Ending Hunger Walking tour. (2 of 2)
7 hours ago
The Ending Hunger Walking tour, coordinated by the Maine CU League, kicked off at Old Maine CU in Augusta today. (1 of 2)
7 hours ago
Darwin Brokke of Citizens Community CU represented the #CU Association of Dakotas at a housing summit hosted by @SenatorHeitkamp
7 hours ago