CDFI Fund Opens Application Period for CDFI Bond Guarantee Program
The Community Development Financial Institutions (CDFI) Fund opened the fiscal year 2019 application period for the CDFI Bond Guarantee Program. The CDFI Bond Guarantee Program provides long-term, low-cost capital for economic growth in low-income communities. As much as $500 million in bond guarantee is available to eligible CDFIs in 2019, pending Congressional authorization. CDFI certification applications are due through the Awards Management Information System (AMIS) by Dec. 3 at 11:59 p.m. EST, qualified issuer applications are due by Feb. 19, 2019, at 11:59 p.m. EST and guarantee applications are due Feb. 26, 2019, by 11:59 p.m. EST.