Opportunity ID: 333016
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | CDFI-2021-SDL |
| Funding Opportunity Title: | Fiscal Year 2021 Small Dollar Loan Program |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Community Development |
| Category Explanation: | – |
| Expected Number of Awards: | 50 |
| Assistance Listings: | 21.025 — Small Dollar Loan Program |
| Cost Sharing or Matching Requirement: | No |
| Version: | Synopsis 3 |
| Posted Date: | Apr 21, 2021 |
| Last Updated Date: | Apr 27, 2021 |
| Original Closing Date for Applications: | Jun 29, 2021 |
| Current Closing Date for Applications: | Jun 29, 2021 |
| Archive Date: | Jul 29, 2021 |
| Estimated Total Program Funding: | $13,500,000 |
| Award Ceiling: | $500,000 |
| Award Floor: | $10,000 |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) |
| Additional Information on Eligibility: | Applicants must be Certified Community Development Financial Institutions (CDFIs). |
Additional Information
| Agency Name: | Community Development Financial Institutions |
| Description: |
Through the Small Dollar Loan Program (SDL Program), the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awards grants to Certified CDFIs to encourage Certified CDFIs to establish and maintain small dollar loan programs and provide alternatives to high cost small dollar loans. Certified CDFIs will use award funds to help unbanked and underbanked populations build credit, access affordable capital, and allow greater access into the mainstream financial system. |
| Link to Additional Information: | A webpage on the CDFI Fund’s website with all the relevant details regarding the Small Dollar Loan Program. |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
CDFI Fund Help Desk
(202) 653-0421 Email:cdfihelp@cdfi.treas.gov |
Version History
| Version | Modification Description | Updated Date |
|---|---|---|
| Updated URL | Apr 27, 2021 |
DISPLAYING: Synopsis 3
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | CDFI-2021-SDL |
| Funding Opportunity Title: | Fiscal Year 2021 Small Dollar Loan Program |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Community Development |
| Category Explanation: | – |
| Expected Number of Awards: | 50 |
| Assistance Listings: | 21.025 — Small Dollar Loan Program |
| Cost Sharing or Matching Requirement: | No |
| Version: | Synopsis 3 |
| Posted Date: | Apr 21, 2021 |
| Last Updated Date: | Apr 27, 2021 |
| Original Closing Date for Applications: | Jun 29, 2021 |
| Current Closing Date for Applications: | Jun 29, 2021 |
| Archive Date: | Jul 29, 2021 |
| Estimated Total Program Funding: | $13,500,000 |
| Award Ceiling: | $500,000 |
| Award Floor: | $10,000 |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) |
| Additional Information on Eligibility: | Applicants must be Certified Community Development Financial Institutions (CDFIs). |
Additional Information
| Agency Name: | Community Development Financial Institutions |
| Description: |
Through the Small Dollar Loan Program (SDL Program), the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awards grants to Certified CDFIs to encourage Certified CDFIs to establish and maintain small dollar loan programs and provide alternatives to high cost small dollar loans. Certified CDFIs will use award funds to help unbanked and underbanked populations build credit, access affordable capital, and allow greater access into the mainstream financial system. |
| Link to Additional Information: | A webpage on the CDFI Fund’s website with all the relevant details regarding the Small Dollar Loan Program. |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
CDFI Fund Help Desk
(202) 653-0421 Email:cdfihelp@cdfi.treas.gov |
Related Documents
Packages
| Agency Contact Information: | CDFI Fund Help Desk (202) 653-0421 Email: cdfihelp@cdfi.treas.gov |
| Who Can Apply: | Organization Applicants |
| Assistance Listing Number | Competition ID | Competition Title | Opportunity Package ID | Opening Date | Closing Date | Actions |
|---|---|---|---|---|---|---|
| 21.025 | PKG00266672 | Apr 28, 2021 | Jun 29, 2021 | View |
Package 1
Mandatory forms
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