WASHINGTON (1/13/10)--The U.S. Treasury Department’s community Development Financial Institutions (CDFI) Fund announced an its 2010 series of conference calls regarding CDFI certification. The calls are intended to serves as a forum for credit unions and other 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:
* Jan. 21, 3-4 p.m. (ET); * Feb. 18, 3-4 p.m. (ET); * March 18, 3-4 p.m. (ET); * April 15, 3-4 p.m. (ET); * May 20, 3-4 p.m. (ET); and * June 17, 3-4 p.m. (ET).
No prior registration is necessary to participate. The same call-in and PIN numbers apply to each of the conference calls: Participants need to call (202) 927-2255 and enter the PIN 864232. For more information about CDFI certification eligibility and the application process, use the resource link below.