The Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) recently opened the FY 2019 funding round for the Capital Magnet Fund (CMF) with an anticipated $130.8 million available for awards.
The CDFI Fund released updated Notice of Funds Availability (NOFA), Application Instructions, FAQ, Glossary, Economic Distress Data Set and Award Management Information System (AMIS) Navigation Guide. Final applications are due by 5 pm ET on Aug. 26, 2019 via AMIS. SF-424s must be submitted via Grants.gov by 11:59 pm ET on July 26, 2019 and organizations must create an AMIS account by 11:59 pm ET on Aug. 2, 2019.
For more information on the Capital Magnet Fund, please submit a Service Request through AMIS, or contact the CDFI Fund’s Help Desk by e-mailing cmf@cdfi.treas.gov or by calling (202) 653-0421. The CDFI Fund will stop responding to questions about the FY 2019 award round at 5 pm ET on Aug. 22, 2019.
