September 2021 CDFI Highlights from CUNA Mutual Group and Inclusiv

CUNA Mutual Group and Inclusiv are collaborating to help raise credit union awareness and utilization of the Community Development Financial Institution (CDFI) program: 
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• Need guidance on CDFI Certification? Join the Inclusiv/CUNA Mutual Group Office Hours. Inclusiv staff will provide an overview and answer questions pertaining to CDFI Certification every Wednesday from 2:00 - 3:00 pm.
  • In 2021, an unprecedented level of funding was allocated to CDFIs by the CDFI Fund and Treasury's Emergency Capital Investment Program. The next round of CDFI funding ($1.75 billion) will be targeted specifically to MDIs; however, only 15% of minority-designated credit unions are CDFI certified. Inclusiv offers specific resources targeted to MDIs interested in becoming CDFI certified and accessing these federal grants. Every third Wednesday of the month, the office hour will be dedicated to MDIs (September 15, October 20, November 17).
    
    

• The Streamlined CDFI Application Qualifying Round opens September 12-October 15th: On August 25, 2021 NCUA provided the following newsroom update. You can also find some helpful video tutorials on the Streamlined Application in the Inclusiv video library.  
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• 2021 Inclusiv e-Books Juntos Avanzamos and the CDFI Credit Unions Build Inclusive Economies.