Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
CDFI Fund seeks reviewers for CMF applications
WASHINGTON (3/11/10)--The Community Development Financial Institutions (CDFI) Fund this week announced that it is seeking assistance in its upcoming review of Capital Magnet Fund (CMF) applicants for fiscal 2010. The CMF program provides “competitively awarded grants to CDFIs and qualified nonprofit housing organizations to finance affordable housing and related community and economic development activities,” according to the CDFI Fund. According to the release, application reviewers must have “considerable expertise in the finance and development of affordable housing as well as community facilities and economic development activities.” Employees, partners or affiliates of organizations that have applied for access to funding or could potentially receive funding from a CDFI may not serve as applicant reviewers. These reviewers, once selected, will evaluate the “business strategy, leveraging strategy, community impacts, and organizational capacity” of applicants, as well as other factors. The review process will begin in May and will last for around one month. The CDFI Fund may also seek out assistance for a second round of CMF application reviews that would begin around midyear. For more on the CMF review program, use the resource link.
Other Resources

RSS





print
News Now LiveWire
.@daytondailynews : The secret is out about #creditunions http://t.co/Aqu3pFTROV @DayAirCU @CODECreditUnion
29 minutes ago
.@CUNA's @Nussle on @SenatorReid :(2of2)On behalf of more than 102M #CU members,I thank him 4 his leadership over the yrs/wish him the best.
2 hours ago
.@CUNA CEO Nussle on Sen. Reid’s decision not 2 seek re-election (1of2): Sen. Reid has a long history of #CU support throughout his career.
2 hours ago
#Jobless claims duck under 300K for 3rd straight week #Market #Economy http://t.co/jOsZWf9HNJ
2 hours ago
62% worry about financial stability: @CUNAMutualGroup study http://t.co/5jCM1I1hnA
4 hours ago