CITM2010 - Accreditation of community development finance institutions (CDFIs): Application for accreditation

ITA/s340

To be eligible for relief under the CITR scheme an investment must be made in a body that is accredited as a CDFI. For background on the role of CDFIs see CITM1010.

The person responsible for accrediting CDFIs is the Secretary of State for the Department for Business, Innovation & Skills (BIS). In practice this function is delegated to the Director of Enterprise Environment at BIS’s Enterprise Directorate - see ITA/s343.

Applications for accreditation should be made to BIS, from whom further information about the form of the application can be obtained.

Full details on how to apply for accreditation may be found on the BIS website at www.bis.gov.uk (search for “CITR”).

Applications for accreditation should be sent to:

• • Department for Business, Innovation & Skills
    Community Investment Tax Relief (CITR), SME Finance
    Enterprise Directorate
    Room 185
    1 Victoria Street
    London
    SW1H 0ET
    

• • Tel: 020 7215 6318
    

They may be submitted in hard copy to the address above or e-mailed to citr@bis.gsi.gov.uk