The CDFI Fund is offering the Native American CDFI Assistance Program (NACA) grants to bolster financial capacity within Native American communities. This grant program is designed to support Certified, Native Community Development Financial Institutions (CDFIs) and new entities aspiring to become or establish Native CDFIs. Through Base-FA awards, Certified Native CDFIs can receive up to $1 million to enhance their financial capacity for lending to eligible and target markets, thereby strengthening economic development. Additionally, Technical Assistance (TA) grants, up to $150,000, are available for organizations in the process of becoming or creating a Native CDFI, fostering the growth of the Native CDFI sector. This initiative aims to expand access to capital and financial services in Native American communities.
Opportunity ID: 331534
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | CDFI-2021-NACA |
| Funding Opportunity Title: | Fiscal Year 2021 NACA Program |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Community Development |
| Category Explanation: | – |
| Expected Number of Awards: | 45 |
| Assistance Listings: | 21.012 — Native Initiatives |
| Cost Sharing or Matching Requirement: | No |
| 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: | $16,500,000 |
| 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 2021 NACA Program can be found in the FY 2021 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 |
|---|---|---|
| Updated posting close date | Feb 17, 2021 |
DISPLAYING: Synopsis 2
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | CDFI-2021-NACA |
| Funding Opportunity Title: | Fiscal Year 2021 NACA Program |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Community Development |
| Category Explanation: | – |
| Expected Number of Awards: | 45 |
| Assistance Listings: | 21.012 — Native Initiatives |
| Cost Sharing or Matching Requirement: | No |
| 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: | $16,500,000 |
| 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 2021 NACA Program can be found in the FY 2021 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 |
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 | PKG00265467 | Feb 18, 2021 | Mar 22, 2021 | View |
Package 1
Mandatory forms
331534 SF424_Mandatory_2_0-2.0.pdf
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