CDFI (Community Development Financial Institutions) Fund Priority Points
| Categories | Community Development & Federal Designations |
|---|---|
| Details | Distress indicators and priority points |
| Download Available | yes |
| For more information | http://www.cdfifund.gov/what_we_do/priority_points_overview.asp |
| Geographies | County |
| Public Edition or Subscriber-only | Public Edition |
| Source | Community Development Financial Institutions Fund, US Department of the Treasury |
| Years Available | FY 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.