Treasury opens application for FY26 CDFI funds

The Treasury opened applications for FY26 funds in its Community Development Financial Institution (CDFI Fund) today. The fund awards grants to certified CDFIs to reach underserved communities, and money appropriated in previous fiscal years had yet to be deployed.

Today, FY26 application rounds for the CDFI Bond Guarantee Program, Bank Enterprise Award Program, and Small Dollar Loan Program are open. The CDFI Fund is expected to post additional information on its website.

Congress appropriated $289 million for FY26, which will expire Sept. 30. America’s Credit Unions has regularly engaged Congress and the administration on the need to deploy the funds. Credit unions make up 363 of 1,254 certified CDFIs, the largest depository institution type.