On August 1st, 2016, Treasury, as part of its ongoing effort to wind down TARP, began offering participating CDCI institutions an opportunity to repurchase their outstanding securities owned by Treasury at fair value. The opportunity for early repurchase is offered to participating CDCI institutions for a limited period of time on a voluntary basis, subject to the requirements detailed in the documents posted below.
Since the authority to invest money through TARP ended in October 2010, Treasury has focused on winding down TARP programs in a manner that balances speed of exit with maximizing returns to the taxpayer.
• Notification Letter of CDCI Early Repurchase Option Deadline Extension
• Notification Letter of CDCI Early Repurchase Option
• CDCI Early Repurchase Proposal Form
• CDCI Early Repurchase FAQs