CDFI Fund Requests Award Applicants to Complete Worksheet Documenting Compliance with Civil Rights Act

Tuesday, January 4, 2022 - 11:45am

The Community Development Financial Institutions (CDFI) Fund today announced that it is requesting all award applicants–excluding applicants for the New Markets Tax Credit (NMTC) incentive and the CDFI Bond Guarantee program–to complete a worksheet documenting compliance with the Civil Rights Act of 1964. The CDFI Fund requests that applicants complete a Title VI Compliance Worksheet once annually with their applications as well as for their prospective sub-recipients. The CDFI Fund will use the worksheet to determine whether award applicants are compliant with federal civil rights requirements, which is mandatory to receive federal financial assistance awards from the CDFI Fund. Completion of the worksheet is requested for the Bank Enterprise Award program, Capital Magnet Fund, CDFI Program, Native Initiatives and the Small Dollar Loan program.

Novogradac’s CDFI services offer accounting and consulting expertise for the specific needs of CDFIs.