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Overview
Below you will find links to webpages containing information on certification
as a CDFI or CDE and for each of the CDFI Fund's programs. These pages will
provide an overview and more detailed information (and links) regarding eligibility,
timelines, application materials, and supplemental resources and guidance.
For information on award announcements, closing, disbursements and reporting,
see Steps 3, 4, and 5 of Information for Awardees.
Step 1 - Certification as a CDFI or CDE
Certification as a Community Development Financial Institution - or
CDFI - allows organizations to participate in the CDFI Program, NACA
Program and to obtain additional benefits under the BEA Program. The CDFI Certification
page contains the program regulation; application materials; lists of certified
CDFIs by organization name, state, and type of institution; and other supplemental
resources.
Certification as a Community Development Entity - or CDE - allows organizations to participate, directly or indirectly, in the NMTC Program. If an organization is certified as a CDFI or an Specialized Small Business Investment Company (SSBIC), it may register on the CDFI Fund's website and automatically qualify as a CDE. The CDE Certification page contains the program statute, application materials, a link to the registration page for CDFIs and SSBICs, lists of certified CDEs by organization name and state, and other supplemental resources.
Please visit the following pages for more detailed information on CDFI
and CDE certification:
Step
2 - Apply to Program
Each of the CDFI Fund's programs is designed to provide assistance to
different types of organizations and each has its own set of eligibility criteria.
The following are the programs that the CDFI Fund administers which provide
monetary assistance:
- Bank Enterprise Award
(BEA) Program;
- Community Development
Financial Institutions (CDFI) Program; and the
- Native American CDFI Assistance (NACA) Program.
The CDFI Fund also administers the following program through which organizations
may receive allocations of tax credits that can be used to
raise capital for community development financing:
- New Markets Tax Credit
(NMTC) Program.
Please visit the following pages for more detailed information on each of
these programs:
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