Comment Request: Annual Certification and Data Collection Report Form and Abbreviated Transaction Level Report (FR Doc. 2022-27142 Filed 12-13-2022)
January 26, 2023
The African American Alliance of CDFI CEOs (the Alliance) is pleased to provide the following in response to the Office of Management and Budget (OMB) request for a final round of comment on revisions to the Community Development Financial Institutions Fund’s (CDFI Fund’s) Annual Certification and Data Collection Report (ACR) and abbreviated Transaction Level Report (TLR). The Alliance is a membership-driven intermediary organization that aims to: build the capacity of member organizations; build bridges to economic stability, well- being, and wealth for Black individuals, families, and communities; and build power in Black communities by challenging and influencing financial sectors to operate more equitably. Since launching in 2018, the Alliance has established a network of 72 CEOs of Black-led Community Development Financial Institutions (CDFIs), which includes loan funds, credit unions, and venture capital funds. Alliance members reach historically underserved communities in all 50 states by providing financial services in the small business, affordable housing, and commercial real estate development sectors.