Search Results for keywords:"CDFI Bond Guarantee Program"

Found 3 results

Search Results: keywords:"CDFI Bond Guarantee Program"

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  • 2024-28833 — Notice of Information Collection and Request for Public Comment
    Type:Notice
    Citation:89 FR 97705
    Reading Time:about 3 minutes

    The U.S. Department of the Treasury is asking for public comments on the information collections related to the Community Development Financial Institutions (CDFI) Bond Guarantee Program. This is part of their ongoing effort to decrease paperwork and streamline processes, as required by the Paperwork Reduction Act of 1995. They invite comments on the necessity and usefulness of the information collected, the accuracy of their estimates, and ways to improve the quality and minimize the burden of this data collection. Interested parties can submit their comments through the regulations.gov website by February 7, 2025.

    Simple Explanation

    The government wants people to help them make their paperwork less complicated and more useful, especially for a program that helps communities. They're asking if the information they collect is really needed and how they can make it easier for everyone to give them this information.

  • 2024-30269 — Applications: Bond Guarantee Program
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    Type:Notice
    Citation:89 FR 104290
    Reading Time:about 83 minutes

    The Community Development Financial Institutions Fund (CDFI Fund), part of the U.S. Department of Treasury, has announced the availability of up to $500 million in guarantees for fiscal year 2025 under the CDFI Bond Guarantee Program. This program is designed to help Community Development Financial Institutions (CDFIs) by offering bond guarantees that support lending for economic development projects. Interested parties need to submit their applications by specified deadlines in early 2025. The rules and detailed requirements for the application and qualification processes are explained in the notice, which also includes guidance on compliance with regulations and statutes.

    Simple Explanation

    The U.S. Treasury has a plan to help communities by giving out promises to pay, called guarantees, worth up to $500 million in 2025, but to get these, groups must follow some tricky rules and fill lots of paperwork.

  • 2025-03307 — Agency Information Collection Activities; Proposed Collection; Comment Request; The Community Development Financial Institutions (CDFI)
    Type:Notice
    Citation:90 FR 10993
    Reading Time:about 2 minutes

    The Department of the Treasury is seeking public comments on their proposed information collection under the Community Development Financial Institutions (CDFI) Bond Guarantee Program. This program aims to help CDFIs get long-term capital to further economic development and community growth in underserved areas. The proposed collection involves forms related to bond guarantees and financial monitoring. Comments are requested by March 31, 2025, and forms can be accessed on the CDFI Fund's website.

    Simple Explanation

    The Department of the Treasury wants to know what people think about their plan to help certain financial groups get money to help neighborhoods grow. They're asking for ideas by March 31, 2025, and people can check out more details on their website.