Treasury, IRS announce ‘Opportunity Zone’ designations
More than 6,500 communities across the U.S. have been designated Qualified Opportunity Zones, which provide tax incentives for investing in ...
Tag: CDFI
CDFI Fund announces FY 2025, 2026 awards
The CDFI Fund announced awards for fiscal years 2025 and 2026 along with a reminder that it will monitor recipients ...
Miller named CDFI Fund director
The Treasury Department has appointed Chris Miller as director of the CDFI Fund. He joins the fund from Three Roots ...
California nonprofits sue to release CDFI Fund appropriations
Two California nonprofits have sued the Trump administration to free up $289 million in the CDFI Fund that will expire ...
Report: Federal Home Loan Banks supported $8.4B in community lending in 2025
Last year, the Federal Home Loan Banks supported $8.4 billion in lending in areas with constrained credit availability and enabled ...
Main Street Capital Access Act would extend CDFI bond guarantee program
A major bank policy bill passed by the House includes language to help smaller community development financial institutions and require ...
ABA warns against increasing administrative burden for CDFI Fund awards
While ABA supports responsible stewardship of federal financial assistance, any changes to how that assistance is distributed should preserve the ...
CDFI Fund launches online Opportunity Zone nomination tool
The CDFI Fund has launched an online tool that state governors can use to nominate communities as qualified Opportunity Zones, ...
CDFI Fund announces 2026 funding opportunities
The CDFI Fund is seeking applicants for the 2026 funding round of the Bank Enterprise Award Program and the Small ...
Treasury begins review of CDFIs for alleged violations
The Treasury Department announced it has begun a review of certified community development financial institutions to identify potential legal violations ...
