CDFI Fund Opens Application Period for CDFI Bond Guarantee Program

Tuesday, November 6, 2018 - 10:15am

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.