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TREAS/CDFIF RIN: 1559-AA02 Publication ID: Fall 2016 
Title: Modification of CDFI Certification Requirements 
Abstract:

The Community Development Financial Institutions Fund (CDFI Fund) is amending the CDFI certification regulation with respect to the financing entity requirement and participation as an Eligible CDFI in the CDFI Bond Guarantee Program. This regulatory change creates a means for the CDFI Fund, in its discretion, to permit a CDFI’s Affiliate, which applies for CDFI certification, to rely on the Controlling CDFI’s activity or track record in order to meet the financing entity requirement, solely for the purpose of the Affiliate participating as an Eligible CDFI under the CDFI Bond Guarantee Program.

 
Agency: Department of the Treasury(TREAS)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: uncollected 
CFR Citation: 12 CFR 1805   
Legal Authority: 12 U.S.C. 4703, 4703 (note), 4710 and 4717    31 U.S.C. 321   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Interim Final Rule  04/10/2015  80 FR 19195   
Interim Final Rule Effective  04/10/2015 
Interim Final Rule Comment Period End  06/09/2015 
Final Action  08/00/2017 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Lisa Jones
BGP Program Manager
Department of the Treasury
Community Development Financial Institutions Fund
1801 L Street NW., Suite 600,
Washington, DC 20036
Phone:202 653-0323
Email: jonesl@cdfi.treas.gov