CDFI Fund Updates Capital Magnet Fund FAQs

Friday, February 26, 2016 - 3:15PM

The Community Development Financial Institutions (CDFI) Fund today released an updated frequently asked questions (FAQ) document for fiscal year (FY) 2016 applicants of the Capital Magnet Fund. Updated topics include affordability requirements, using the Capital Magnet Fund with other CDFI Fund programs, providing Capital Magnet Fund funds to limited liability corporations or limited partnerships and other topics. The deadline for Capital Magnet Fund applications is March 16 for submissions through www.grants.gov and March 30 for submissions through the CDFI Fund’s Award Management Information System (AMIS).

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