CDFI Fund Releases Revised CDFI Certification Application, ACR, TLR

Thursday, December 7, 2023 - 2:17PM

The Community Development Financial Institutions (CDFI) Fund today released a revised CDFI certification application. The new application includes significant modifications after receiving comments on a draft application released a year ago. The modifications include the basic information, legal entity, primary mission and other sections of the application. The CDFI Fund also instituted a phased approach for organizations seeking to become newly certified CDFIs or to renew their CDFI certification. Non-certified CDFIs can apply for certification upon the opening of the submission portal on the CDFI Fund’s Awards Management Information System (AMIS), Dec. 20, while currently certified CDFIs must reapply for recertification from Aug. 1, 2024-Dec. 20, 2024. The CDFI Fund also released the final annual certification and data collection report (ACR) and abbreviated transaction-level report (TLR). The CDFI Fund will host a live webinar at 1:30 p.m. ET Dec. 13 on the revised CDFI certification application. The CDFI Fund has a designated page on its website for the CDFI certification.

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