The CDFI Fund is offering the Fiscal Year 2022 CDFI Program grant to support Community Development Financial Institutions (CDFIs). This grant is for the purpose of building the financial and organizational capacity of certified and emerging CDFIs to serve their eligible and target markets. The program provides two main award types: Base-FA awards, up to $1 million, are available for Certified CDFIs to enhance their financial capacity for lending. Additionally, TA grants, up to $125,000, are offered to both Certified and Emerging CDFIs to strengthen their organizational capacity. This initiative aims to empower CDFIs to expand their services and effectively address the financial needs of underserved communities.
Opportunity ID: 337837
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | CDFI-2022-FATA |
| Funding Opportunity Title: | Fiscal Year 2022 CDFI Program |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Community Development |
| Category Explanation: | – |
| Expected Number of Awards: | 410 |
| Assistance Listings: | 21.020 — Community Development Financial Institutions Program |
| Cost Sharing or Matching Requirement: | Yes |
| Version: | Synopsis 1 |
| Posted Date: | Feb 04, 2022 |
| Last Updated Date: | Feb 04, 2022 |
| Original Closing Date for Applications: | Mar 14, 2022 |
| Current Closing Date for Applications: | Mar 14, 2022 |
| Archive Date: | Apr 13, 2022 |
| Estimated Total Program Funding: | $188,000,000 |
| Award Ceiling: | $1,000,000 |
| Award Floor: | $10,000 |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) |
| Additional Information on Eligibility: | Eligibility requirements for the Financial Assistance and Technical Assistance components of the FY 2022 CDFI Program can be found in the FY 2022 Notice of Funds Availability (NOFA). |
Additional Information
| Agency Name: | Community Development Financial Institutions |
| Description: |
Through the CDFI Program, the CDFI Fund provides (i) Base-FA awards of up to $1 million to Certified Community Development Financial Institutions (CDFIs) to build their financial capacity to lend to their Eligible Markets and/or Target Markets, and (ii) TA grants of up to $125,000 to build Certified and Emerging CDFIs’ organizational capacity to serve their Eligible Markets and/or Target Markets. For more detailed information, please refer to the NOFA found on the CDFI Fund’s website. |
| Link to Additional Information: | A webpage on the CDFI Fund’s website with all the relevant details regarding the CDFI 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 |
|---|---|---|
Related Documents
There are no related documents on this grant.
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 |
|---|---|---|---|---|---|---|
| 21.020 | PKG00271915 | Feb 10, 2022 | Mar 14, 2022 | View |
Package 1
Mandatory forms
337837 SF424_Mandatory_2_0-2.0.pdf
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