Treasury Invites Comments on Two More Community Finance Applications
Published Date: 10/30/2026
Notice
Summary
The Treasury Department wants your thoughts on updates to the applications for two programs that help communities get financial and technical support. These changes aim to cut down on paperwork and stop waste or fraud, making the process smoother for folks applying. If you want to share your ideas, make sure to comment by December 29, 2026!
Analyzed Economic Effects
4 provisions identified: 1 benefits, 3 costs, 0 mixed.
Financial Assistance (FA) Application Time Burden
If you apply for Financial Assistance (FA) under the CDFI Program or NACA Program, the application (including optional questions) is estimated to take 140 hours per respondent. The CDFI Fund estimates 495 annual FA responses and a total annual burden of 69,300 hours.
Technical Assistance (TA) Application Time Burden
If you apply for Technical Assistance (TA) under the CDFI Program or NACA Program, the application is estimated to take 90 hours per respondent. The CDFI Fund estimates 300 annual TA responses and a total annual burden of 27,000 hours.
CDFI/NACA Programs Provide FA and TA Awards
The CDFI Program and NACA Program provide Financial Assistance (FA) awards to Certified Community Development Financial Institutions (CDFIs) to build financial capacity to lend to Eligible Markets and/or Target Markets, and Technical Assistance (TA) awards to Certified and Emerging CDFIs to build organizational capacity to serve Eligible Markets and/or Target Markets.
Optional FA Questions for Targeted Funds
The FA Application includes optional questions that address Persistent Poverty Counties—Financial Assistance (PPC-FA), Disability Funds—Financial Assistance (DF-FA), and Healthy Food Financing Initiative—Financial Assistance (HFFI-FA). These optional questions are part of the FA application package.
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Key Dates
Department and Agencies
Related Federal Register Documents
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The Treasury’s CDFI Fund wants your thoughts on their yearly online forms that track how well community finance programs are doing and how their money is spent. If you’re part of programs like CDFI, NACA, ERP, or SDL, this affects you! Comments are open until December 29, 2026, so jump in now to help shape simpler, clearer reporting with no extra costs.
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The Treasury Department wants your feedback on the New Markets Tax Credit Program’s application form for Community Development Entities (CDEs). This form helps groups get certified to bring investments to low-income communities. Comments are open until December 29, 2026, so don’t miss your chance to shape the process and reduce paperwork hassle!
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