CDFI Certification & Award Updates

The CDFI Fund has announced the launch of the new CDFI Certification Application will be postponed beyond the previously announced April 2023 timeline. The current pause on CDFI Certification Application submissions will remain in effect during this time. The CDFI Fund expects to share the revised timeline soon.

Additionally, the CDFI Fund has released updates on application round openings and award announcements for all CDFI Fund’s programs, including the following:

  • CDFI Equitable Recovery Program (CDFI ERP). The CDFI Fund will announce the CDFI ERP award recipients by Spring 2023.
  • CDFI Program. The FY 2022 Financial Assistance (FA) awards will be announced later this quarter (Q1 2023). FY 2022 Technical Assistance (TA) awards were announced in September 2022 (here). The opening of the next round will be in Fall 2023 and will combine FY 2023 and FY 2024 funding in a single application round for the CDFI Program and NACA Program.
  • New Markets Tax Credit Program (NMTC Program). Awards from the calendar year (CY) 2022 round will be announced in Fall 2023.

You may read the full announcement here.