CDFI Fund Issues Revised CDFI Program Regulations

CDFI Fund
Monday, August 31, 2015

The CDFI Fund is soliciting comments on its revisions to the Interim Rule for the CDFI Program. Through the CDFI Program, the CDFI Fund uses federal resources to invest in CDFIs and build their capacity to serve low-income people and communities that lack access to affordable financial products and services. The revised Interim Rule includes revisions necessary to implement the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, as well as technical corrections and other updates to the current rule. All comments must be submitted via the Federal e-Rulemaking Portal by October 30th, 2015.