Sign Up For Novogradac Industry Alert Emails

CDFI Fund Publishes FAQs, Worksheets for CDFIs in Certification Cure Period

Wednesday, September 7, 2022 - 4:30PM

The Community Development Financial Institutions (CDFI) Fund today published a CDFI Certification Cure Period Frequently Asked Questions (FAQ) document to inform CDFIs that are in a cure period how to resolve certification-related deficiencies. The CDFI Fund previously announced a six-month blackout period to prepare for the launch of a revised CDFI certification application and reporting requirements, a period during which CDFIs must maintain a state of good standing with respect to their certification status. Those CDFIs currently in a certification cure period must adhere to specific deadlines and deliverables related to the cure requirement and failing to do so could result in a loss of certification. The CDFI Fund also published specific certification-related cure period worksheets.

Novogradac’s CDFI services team offers accounting and consulting expertise, along with broad experience as market analysts, appraisers and more.

Learn more about Novogradac's expertise and many services