Reminder: SF-425 Federal Financial Report due October 15! The CDFI Fund recently communicated that submission of the SF-425 Federal Financial Report by October 15, 2023, is required for those organizations that received disbursements from the CDFI Fund, and/or have an active CDFI Fund award during October 1, 2022-September 30, 2023 (regardless of program round). These organizations are specifically required to report on the amount CDFI Fund award dollars expended during this time period, as well as the cumulative amount expended as of the award announcement date through September 30, 2023. This requirement applies to any award provided under the Community Development Financial Institutions Program (CDFI Program), Native American CDFI Assistance Program (NACA Program), Capital Magnet Fund (CMF) , Small Dollar Loan Program (SDL Program), or Community Development Financial Institutions Rapid Response Program (CDFI RRP). CDFI Equitable Recovery Program (CDFI ERP) Recipients will be required to submit this report next federal fiscal year. Please refer to the Reporting Schedule in your organization's AMIS Account to determine if your organization is required to submit an SF-425 by October 15, 2023. Please keep in mind that the SF-425 Report must be submitted every year, by October 15, throughout the award's period of performance. Please note that all other terms and conditions of the existing Assistance Agreements remain unchanged. Instructions on submitting the SF-425 report can be found on the CDFI Fund's website here. If you have questions about this reporting requirement, and/or require technical assistance, please submit a Service Request via your organization's AMIS account. Related Materials |
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