The CDFI Fund is offering the Fiscal Year 2022 Native American CDFI Assistance Program (NACA Program) grants. This grant is designed to enhance the financial capacity and outreach of Native community development financial institutions. Specifically, the CDFI Fund provides Base-FA awards of up to $1 million to Certified, Native CDFIs. This funding helps these institutions build their financial capacity, enabling them to expand lending to their Eligible and Target Markets. Furthermore, technical assistance (TA) grants of up to $150,000 are available for entities that are, will become, or are establishing a Native CDFI. This program directly supports the development and strengthening of financial services within Native communities.
Opportunity ID: 337838
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | CDFI-2022-NACA |
| Funding Opportunity Title: | Fiscal Year 2022 NACA Program |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Community Development |
| Category Explanation: | – |
| Expected Number of Awards: | 35 |
| Assistance Listings: | 21.012 — Native Initiatives |
| Cost Sharing or Matching Requirement: | No |
| 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: | $16,000,000 |
| 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 (FA) and Technical Assistance (TA) components of the FY 2022 NACA Program can be found in the FY 2022 Notice of Funds Availability (NOFA). |
Additional Information
| Agency Name: | Community Development Financial Institutions |
| Description: |
Through the Native American CDFI Assistance Program (NACA Program), the CDFI Fund provides (i) Base-FA awards of up to $1 million to Certified, Native CDFIs to build their financial capacity to lend to their Eligible Markets and/or Target Markets and (ii) TA grants of up to $150,000 to entities that are, will become, or will create a Native CDFI. For more detailed information, please refer to the Notice of Funds Availability (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 NACA 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 |
|---|---|---|---|---|---|---|
| 21.012 | PKG00271917 | Feb 10, 2022 | Mar 14, 2022 | View |
Package 1
Mandatory forms
337838 SF424_Mandatory_2_0-2.0.pdf
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