The CDFI Fund is offering the Fiscal Year 2021 CDFI Program, designed to significantly enhance the capacity of Community Development Financial Institutions. This grant provides two distinct types of awards: Base-FA awards, offering up to $1 million to Certified CDFIs to build their financial capacity for lending to Eligible and Target Markets; and TA grants, providing up to $125,000. These TA grants are specifically designed to build the organizational capacity of both Certified and Emerging CDFIs. This program is for the essential purpose of fostering the growth and effectiveness of CDFIs, ultimately strengthening their ability to serve and support economic development in underserved communities.
Opportunity ID: 331552
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | CDFI-2021-FATA |
| Funding Opportunity Title: | Fiscal Year 2021 CDFI Program |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Community Development |
| Category Explanation: | – |
| Expected Number of Awards: | 350 |
| Assistance Listings: | 21.020 — Community Development Financial Institutions Program |
| Cost Sharing or Matching Requirement: | Yes |
| Version: | Synopsis 2 |
| Posted Date: | Feb 16, 2021 |
| Last Updated Date: | Feb 17, 2021 |
| Original Closing Date for Applications: | Mar 22, 2021 |
| Current Closing Date for Applications: | Mar 22, 2021 |
| Archive Date: | Apr 21, 2021 |
| 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 2021 CDFI Program can be found in the FY 2021 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 |
|---|---|---|
| Updated the posting close date | Feb 17, 2021 |
DISPLAYING: Synopsis 2
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | CDFI-2021-FATA |
| Funding Opportunity Title: | Fiscal Year 2021 CDFI Program |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Community Development |
| Category Explanation: | – |
| Expected Number of Awards: | 350 |
| Assistance Listings: | 21.020 — Community Development Financial Institutions Program |
| Cost Sharing or Matching Requirement: | Yes |
| Version: | Synopsis 2 |
| Posted Date: | Feb 16, 2021 |
| Last Updated Date: | Feb 17, 2021 |
| Original Closing Date for Applications: | Mar 22, 2021 |
| Current Closing Date for Applications: | Mar 22, 2021 |
| Archive Date: | Apr 21, 2021 |
| 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 2021 CDFI Program can be found in the FY 2021 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 |
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 | PKG00265459 | Feb 18, 2021 | Mar 22, 2021 | View |
Package 1
Mandatory forms
331552 SF424_Mandatory_2_0-2.0.pdf
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