CDFIs currently in a certification cure period related to the submission of a 2021 or 2022 annual certification and data collection report can participate in an informational conference call on Wednesday, Aug. 10 at 3 p.m.
The call will provide general information on how CDFIs can satisfy the terms of a cure and resolve certification deficiencies during the coming CDFI certification application blackout period.
The CDFI Fund previously announced that on Oct. 1, 2022, it is implementing a blackout period for six months to prepare for the launch of the revised CDFI certification application and reporting requirements. During this time, CDFIs are required to maintain a state of good standing with respect to their CDFI certification status. CDFIs currently in a certification cure period related to a 2021 or 2022 ACR report year submission are obligated to adhere to the specific deadlines and deliverables associated with that cure requirement, and failure to do so can result in a loss of certification during the blackout period.
The CDFI Fund strongly encourages the participation of a representative from any CDFI currently in a certification cure period to participate in this conference call. Conference call log-in details can be accessed on the CDFI webpage.