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Form 470 Certifications Remain Flat

February 28, 2024 was the official deadline to file and certify Forms 470 for Funding Year 2024 while still allowing the required 28 calendar day competitive bidding period before the Form 471 application window closes. Applicants nationwide filed 21,762 Forms 470 for Funding Year 2024, slightly less than Funding Year 2023, and continuing the downward trend of overall forms posted.

Funding Year 2024 Forms 470 included 18,037 Category One line items and 61,985 Category Two line items, both continuing a decline that started in Funding Year 2020.

Analysis
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