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FY 2017 Capital Magnet Fund Round Opens

Thursday, June 29, 2017 - 9:00AM

The Community Development Financial Institutions  (CDFI) Fund today opened the fiscal year (FY) 2017 funding round for the Capital Magnet Fund, with plans to make as much as $119.5 million in awards available. The CDFI Fund administers the competitive Capital Magnet Fund awards to finance affordable housing, economic development and community services. The FY 2017 application consists of two parts: submitting the SF-424 form through before July 29 and submitting the rest of the application through the Awards Management Information System (AMIS) by Aug. 31 at 5 p.m. ET. 

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