CDFI Fund Requests Comment on Annual CDFI Reporting Form

Tuesday, July 8, 2014

The CDFI Fund is requesting public comment on a new annual reporting form for all certified CDFIs. The objective of the new Annual Certification and Data Collection Report Form is to reduce the burden of the recertification process. It will also require new annual financial and impact data, a change the CDFI Fund hopes will enable them to track the financial health and accomplishments of CDFIs. In particular, the CDFI Fund seeks input on whether the proposed form is suited to its stated objectives; ways of minimizing the burden of the new reporting; ways to enhance the quality, utility and clarity of the metrics; and estimates of the operational costs of providing the information. The deadline for written comments is September 8, 2014.