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CDFI Fund Loans

Dechert LLP

Department of the Treasury’s CDFI Fund Releases Revised Certification Application

Dechert LLP on

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund released an updated Community Development Financial Institution (CDFI) Certification Application (Application). This updated...more

Bradley Arant Boult Cummings LLP

Calling All Community Banks: CDFI Fund Opens Applications for FY 2023 Bank Enterprise Award Program

FDIC-insured depository institutions seeking CRA credit opportunities may be eligible to apply for funding to further impact the distressed communities they serve. On March 31, 2023, the Department of Treasury’s Community...more

Baker Donelson

Federal Funds for CDFIs and MDIs: Emergency Capital Investment Program (ECIP)

Baker Donelson on

The Consolidated Appropriations Act, 2021 (Act), signed into law on December 27, 2020, provides up to $9 billion to Community Development Financial Institutions (CDFIs) and minority depository institutions (MDIs). The Act...more

Ballard Spahr LLP

Senator Brown urges funding of Dodd-Frank small dollar loan programs

Ballard Spahr LLP on

Senator Sherrod Brown, ranking member of the Senate Banking Committee, has sent a letter to President Obama that asks the President to prioritize funding in his FY 2017 budget proposal for programs in Title XII of the...more

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