The CDFI Fund is offering Financial Assistance awards to CDFIs with Comprehensive Business Plans for community development impact and Technical Assistance grants to build capacity for addressing capital access needs and becoming certified CDFIs. This grant aims to support CDFIs in deploying credit, capital, and financial services in Target Markets, expanding into new Investment Areas, and serving Low-Income Targeted Populations. Closing date: Jan 11, 2012.
Opportunity ID: 129833
General Information
| Document Type:: | Grants Notice |
| Funding Opportunity Number:: | CDFI-2012-FATA |
| Funding Opportunity Title:: | FY 2012 CDFI Program – Financial Assistance & Technical Assistance Awards |
| Opportunity Category:: | Discretionary |
| Opportunity Category Explanation:: | |
| Funding Instrument Type:: | |
| Category of Funding Activity:: | Community Development |
| Category Explanation:: | |
| Expected Number of Awards:: | 100 |
| Assistance Listings Number(s):: | 21.020 — Community Development Financial Institutions Program |
| Cost Sharing or Matching Requirement:: | Yes |
| Version:: | Synopsis 1 |
| Posted Date:: | Nov 03, 2011 |
| Last Updated Date:: | |
| Original Closing Date for Applications:: | Jan 11, 2012 |
| Current Closing Date for Applications:: | Jan 11, 2012 |
| Archive Date:: | Jan 12, 2012 |
| Estimated Total Program Funding:: | $ 123,000,000 |
| Award Ceiling:: | $2,000,000 |
| Award Floor:: | $1 |
Eligibility
| Eligible Applicants:: | Others (see text field entitled “Additional Information on Eligibility” for clarification) |
| Additional Information on Eligibility:: | Applicants must be certified as a Community Development Financial Institution (or CDFI) by the CDFI Fund, or be certifiable as a CDFI by the CDFI Fund. Please see the Notice of Funds Availability on the CDFI Fund’s website for more detailed information. |
Additional Information
| Agency Name:: | Community Development Financial Institutions |
| Description:: | Through the CDFI Program, the CDFI Fund provides: (i) Financial Assistance (FA) awards to CDFIs that have Comprehensive Business Plans for creating demonstrable community development impact through the deployment of credit, capital, and financial services within their respective Target Markets or the expansion into new Investment Areas, Low-Income Targeted Populations, or Other Targeted Populations, and (ii) Technical Assistance (TA) grants to CDFIs and entities proposing to become CDFIs in order to build their capacity to better address the community development and capital access needs of their particular Target Markets, to expand into new Investment Areas, Low-Income Targeted Populations, or Other Targeted Populations, and/or to become certified CDFIs. |
| Link to Additional Information:: | |
| Grantor Contact Information:: | If you have difficulty accessing the full announcement electronically, please contact: |
Version History
| Version | Modification Description | Updated Date |
|---|---|---|
| Synopsis 1 |
Package Status
Below are CLOSED Opportunity Package(s) no longer available for this Funding Opportunity:
Package No: 1
| Assistance Listings: | 21.020 |
| Competition ID: | 1 |
| Competition Title: | Application Package: Less than $1 Million Lending Activity |
| Opportunity Package ID: | PKG00086190 |
| Opening Date: | Nov 03, 2011 |
| Closing Date: | Nov 22, 2011 |
| Agency Contact Information:: | CDFI Help Desk |
| Who Can Apply:: | Organization Applicants |
| mendatory_forms |
SF424 Mandatory Form [V1.1] CDFI Program Combined Application – Financial Assistance and Technical Assistance [V1.0] Attachments [V1.0] |
| optional_forms |
Packages
| Assistance Listings | Competition ID | Competition Title | Opportunity Package ID | Opening Date | Closing Date | Actions | Who Can Apply: | |
|---|---|---|---|---|---|---|---|---|
| 21.020 | 1 | Application Package: Less than $1 Million Lending Activity | PKG00086190 | Nov 03, 2011 | Nov 22, 2011 | View | CDFI Help Desk | Organization Applicants |