The CDFI Fund announced Thursday that it has compiled frequently asked questions about the terms and procedures contained in the proposed CDFI certification application, annual certification and data collection report and the CDFI transaction level report.
In May, the CDFI Fund released proposed changes to the CDFI ACR and a new CTLR. Comments on the proposed application and reports are due by Nov. 5. The deadline was originally Aug. 5, but was extended to allow organizations extra time to prepare and submit comments.
More information about the revised CDFI certification application and reporting forms can be found on a the CDFI Fund’s website, which includes additional information including Federal Register notices; explanatory and reference material; and recorded webinars outlining the proposed changes to the CDFI certification application, ACR and the new CTLR. Members of the public are encouraged to review the information on the webpage in its entirety prior to the submission of comments, according to the CDFI Fund.