Transaction Level Report (TLR)

A Transaction Level Report (TLR) is a structured file of every financial product a Community Development Financial Institution (CDFI) originated or purchased in its fiscal year, one row per transaction. It goes to the CDFI Fund through AMIS (Awards Management Information System), the Fund's online portal.

There are two versions. CDFIs with an active award from the CDFI Program or the Native American CDFI Assistance (NACA) Program file the full-length TLR. Other certified CDFIs and new applicants file a shorter, abbreviated TLR, first released in December 2023. As of 2026, a CDFI submits only one TLR per fiscal year, and the Fund uses it for both certification and award compliance.

The data falls into a few groups:

• The transaction: an ID, the date the note was signed, the amount (or the credit limit for a line of credit), purpose, type, interest rate, fees and points.
• Its status at year end: active, closed, sold, charged off, refinanced or restructured.
• The borrower: individual or business, and for businesses, certain ownership facts.
• Location: the address and its 2020 census tract.
• Target market: the one designated target market type the loan counts toward.

Before certifying the report, the CDFI runs the Fund's Target Market Calculator, reviews the results and fixes errors such as bad addresses.

Why it matters for lenders

Under the revised certification rules, the TLR is how the Fund tests whether a CDFI meets the 60% target market threshold, by count and by dollars. A weak TLR can threaten CDFI certification, not just an award. The Fund's June 2026 reminder also warned CDFIs not to tag loans with a target market type they are not approved or proposed for.

The report also asks for some demographic data on individual borrowers, with a "Do Not Know" option. Lenders should agree with counsel how they collect it, keep it voluntary and keep it away from credit decisions to respect fair lending rules.

How it works in practice

At a loan fund making 300 loans a year, the TLR used to be a six-week project. Staff exported loans from the servicing system and looked up census tracts one by one. They asked loan officers to recall target market choices and matched status codes by hand. Charged-off and restructured loans were easy to miss.

A better pattern is to capture each data point when it becomes true. Record the census tract at application, the designated target market at booking, and status changes as they happen in servicing. The year-end file then becomes an export and a review, not a rebuild. It also leaves an audit trail if the Fund asks how a loan was classified.