Federal Register #2026-20047

CDFI Fund seeks comments on proposed CDFI Certification Application revisions

The Department of the Treasury’s Community Development Financial Institutions Fund is seeking comments on proposed changes to its CDFI Certification Application. - Government buyer: U.S. Department of the Treasury, Community Development Financial Institutions Fund (CDFI Fund); applications are submitted through the Awards Management Information System (AMIS). - Opportunity type: Public-comment notice, not a procurement or contract award. No products or services are being purchased. - Proposed application changes: Add questions about applicants’ and affiliates’ administrative proceedings and compliance history; remove most questions about board and executive staff demographics; discontinue certain race- or ethnicity-based Other Targeted Population market types; and assess accountability using Target Market activity rather than board representation. - Feedback requested: Application content and respondent burden; a possible annual submission cycle; transition arrangements for affected certified institutions; potential audited financial statement requirements; eligibility thresholds; and minimum Target Market activity levels. - Estimated burden: 150 respondents and 150 annual responses, estimated at 55 hours per respondent and 8,250 total annual burden hours. - OEMs and vendors: None identified.

Description

The Department of the Treasury invites public and federal agency comments on the Community Development Financial Institutions Program—Certification Application, which applicants submit through the CDFI Fund’s Awards Management Information System (AMIS). The CDFI Fund is proposing revisions to the application and supporting tools, including changes to applicant information, eligible Target Market types, and how accountability is measured. The notice requests feedback on the proposed collection and related application requirements. Written comments are due by November 30, 2026.

View original listing