This grant, the Native American CDFI Assistance (NACA) Program, offered by the CDFI Fund, is designed to empower Native communities by strengthening their financial institutions. It provides two primary funding avenues. First, Base-FA awards of up to $1.5 million are available for Certified Native Community Development Financial Institutions (CDFIs) to significantly enhance their financial capacity, enabling them to expand lending to their eligible and target markets. Second, Technical Assistance (TA) grants of up to $200,000 are provided to support entities that are in the process of becoming, or intend to create, a Native CDFI. This program ultimately aims to foster economic growth and increase access to financial services within Native American communities.
Opportunity ID: 358094
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | CDFI-2025-NACA |
| Funding Opportunity Title: | Fiscal Year 2025 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: | Jan 08, 2025 |
| Last Updated Date: | Jan 08, 2025 |
| Original Closing Date for Applications: | Feb 18, 2025 |
| Current Closing Date for Applications: | Feb 18, 2025 |
| Archive Date: | Mar 20, 2025 |
| Estimated Total Program Funding: | $28,000,000 |
| Award Ceiling: | $1,500,000 |
| 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 2025 NACA Program can be found in the FY 2025 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 $1.5 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 $200,000 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 |
|---|---|---|
| Jan 08, 2025 |
DISPLAYING: Synopsis 2
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | CDFI-2025-NACA |
| Funding Opportunity Title: | Fiscal Year 2025 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: | Jan 08, 2025 |
| Last Updated Date: | Jan 08, 2025 |
| Original Closing Date for Applications: | Feb 18, 2025 |
| Current Closing Date for Applications: | Feb 18, 2025 |
| Archive Date: | Mar 20, 2025 |
| Estimated Total Program Funding: | $28,000,000 |
| Award Ceiling: | $1,500,000 |
| 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 2025 NACA Program can be found in the FY 2025 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 $1.5 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 $200,000 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 | PKG00289971 | Jan 16, 2025 | Feb 18, 2025 | View |
Package 1
Mandatory forms
358094 SF424_Mandatory_3_0-3.0.pdf
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