CDFI Fund Adds Webinars to Ease Application for Capital Magnet Fund

Tuesday, September 28, 2021 - 1:45pm

The U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund updated its guidance and information this month for the fiscal year (FY) 2021 application round on its website. The webinars help applicants navigate the application process for the Awards Management Information System (AMIS) and for affordable housing developers/managers considering application. The CDFI Fund will host a webinar today geared toward applicants with a financing entity approach. Deadlines, including the last day to create an AMIS account, begin in October, according to the CDFI Fund’s notice of funds availability (NOFA). More than $380 million in grants is available to CDFIs in this funding round.

Tune in to today’s episode of Novogradac’s Tax Credit Tuesday podcast to gain deeper insights into this year’s round of the Capital Magnet Fund application from Michael Novogradac, CPA, and his expert guests.