WASHINGTON–The Community Development Financial Institutions Fund (CDFI Fund) has released its fiscal year (FY) 2021 data, which was reported in FY 2022 by active Community Development Financial Institutions (CDFI) Program and Native American Community Assistance (NACA) Program Financial Assistance (FA) Recipients via the CDFI Fund’s data collection system.
That system is also known as the Annual Compliance and Performance Report (ACPR).
According to the CDFI fund, the release contains public Transaction Level Report (TLR) data detailing how CDFI Program and NACA Program FA Recipients provide loans and investments in low-income communities. The data file includes the features and locations of over 222,000 individual loans and investments totaling more than $26 billion made in FY 2021 and reported in FY 2022 by 398 CDFIs.
Additional Information
In addition, the CDFI Fund said it is releasing to the public Consumer Loan Report (CLR) data detailing the methods by which CDFI banks and credit unions with CDFI and NACA Program Awards provided consumer loans in low-income communities. The data file includes over 700,000 consumer loans totaling more than $12 billion that were made in FY 2021 and reported in FY 2022 by 136 banks and credit unions.
Required Release
As part of their compliance requirements, CDFI Program and NACA Program Active Financial Assistance Award Recipients are required to submit information through the ACPR within six months after the end of their respective fiscal years.
“This includes the TLR for all CDFIs and CLR for CDFI banks and credit unions,” the Fund stated. “The TLR release includes a total of 60 variables and 246,684 observations detailing financing activities of the CDFIs. The CLR release includes a total of 11 variables and 123,151 observations detailing consumer lending activities. The FY2021 data release file for the CLR includes some consumer loans reported by Award Recipient banks and credit unions attributable to the CDFI Rapid Response Program (CDFI RRP). All TLR and CLR data released to the public are masked to protect the identity of individual CDFIs.”
The Available Data
The data released includes:
- CDFI Program and NACA Program Data Release: Snapshot Presentation
- 2021 CDFI Program and NACA Program Data Release: Data, Documentation, and Instructions (.zip)
- FY2003 to FY2021 CDFI Program and NACA Program Data Release: Historical Information
It’s Called Fresh for a Reason. And We Offer Home Delivery. For Free!
The biggest, best and freshest news reporting in credit unions remains free in ’23! Each morning CUToday.info delivers its daily Fresh Today news update offering the latest headlines and breaking news right to your email, with the easy-to-read headlines format allowing you to click on the stories that interest you most in order to learn more.
If you haven’t yet signed up for the new email solution on which CUToday.info has partnered with ResponseGenius, you can do so here. Signing up requires less than one minute of your time—and it’s free!
Please note that after signing up you may need to go to your Spam/Junk folder and mark the morning headlines email as safe. CUToday.info does not provide its list of readers and emails to outside parties, and we will not be contacting you to sell you an extended warranty or sending you any links so you may cash in on an inheritance you didn’t know was coming.
And did we mention it’s free?
Please note and/or make your IT department or email administrator aware the emails will be coming from the domains CUTodayinfo.com and CUTodayinfoReply.com