CDFI Fund Changes Certification Requirements

On March 8, 2019, the CDFI Fund issued a Request for Public Comment on the fiscal year (FY) 2020-2022 Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) Application. After reviewing the comments received, the CDFI Fund has decided to proceed with updating the certification requirements to apply for a CDFI Program or NACA Program Financial Assistance award. The Change Beginning with the FY 2020 application round, all CDFI Program and NACA Program Financial Assistance applicants must be certified CDFIs as of the date the Notice of Funds Availability (NOFA) is published in the Federal Register. This means that the CDFI

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