CDFI (Community Development Financial Institutions) Fund Priority Points

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CategoriesCommunity Development & Federal Designations
DetailDistress indicators and priority points
Download Availableyes
GeographiesCounty
Public Edition or Subscriber-onlyPublic Edition
SourceCommunity Development Financial Institutions Fund, US Department of the Treasury
Years AvailableFY 2011

Description:

The Community Development Financial Institutions (CDFI) Fund, a division of the US Department of the Treasury, is now using a priority point system for scoring its applications. Applicants are awarded up to 5 “priority points” for their commitment to serve communities facing the highest levels of distress.

The score is tabulated using various distress indicators, which are also mapped on PolicyMap. These indicators are: poverty rates, median household income, unemployment rates, home foreclosures and high-cost mortgages.