The CDFI Fund is offering this grant through its CDFI Program to support community development financial institutions. This grant is designed to provide both Financial Assistance (FA) and Technical Assistance (TA) awards. FA awards are for certified CDFIs with comprehensive business plans, enabling them to create demonstrable community development impact by deploying credit, capital, and financial services within their target markets or expanding into new investment areas or populations. TA grants, conversely, aim to build the capacity of CDFIs and entities seeking certification. These funds help them better address community development and capital access needs, expand their services, and ultimately achieve CDFI certification, strengthening their impact on underserved communities.
Opportunity ID: 129833
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | CDFI-2012-FATA |
| Funding Opportunity Title: | FY 2012 CDFI Program – Financial Assistance & Technical Assistance Awards |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Grant Other |
| Category of Funding Activity: | Community Development |
| Category Explanation: | – |
| Expected Number of Awards: | 100 |
| Assistance Listings: | 21.020 — Community Development Financial Institutions Program |
| Cost Sharing or Matching Requirement: | Yes |
| Version: | Synopsis 1 |
| Posted Date: | Nov 03, 2011 |
| Last Updated Date: | – |
| Original Closing Date for Applications: | Jan 11, 2012 |
| Current Closing Date for Applications: | Jan 11, 2012 |
| Archive Date: | Jan 12, 2012 |
| Estimated Total Program Funding: | $123,000,000 |
| Award Ceiling: | $2,000,000 |
| Award Floor: | $1 |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) |
| Additional Information on Eligibility: | Applicants must be certified as a Community Development Financial Institution (or CDFI) by the CDFI Fund, or be certifiable as a CDFI by the CDFI Fund. Please see the Notice of Funds Availability on the CDFI Fund’s website for more detailed information. |
Additional Information
| Agency Name: | Community Development Financial Institutions |
| Description: | Through the CDFI Program, the CDFI Fund provides: (i) Financial Assistance (FA) awards to CDFIs that have Comprehensive Business Plans for creating demonstrable community development impact through the deployment of credit, capital, and financial services within their respective Target Markets or the expansion into new Investment Areas, Low-Income Targeted Populations, or Other Targeted Populations, and (ii) Technical Assistance (TA) grants to CDFIs and entities proposing to become CDFIs in order to build their capacity to better address the community development and capital access needs of their particular Target Markets, to expand into new Investment Areas, Low-Income Targeted Populations, or Other Targeted Populations, and/or to become certified CDFIs. |
| 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:
Jay Santiago
IT Help Desk Phone: (202) 662-2455 Email:santiagoj@cdfi.treas.gov |
Version History
| Version | Modification Description | Updated Date |
|---|---|---|
Related Documents
There are no related documents on this grant.
Packages
| Agency Contact Information: | Jay Santiago IT Help Desk Phone: (202) 662-2455 Email: santiagoj@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 | 1 | Application Package: Less than $1 Million Lending Activity | PKG00086190 | Nov 03, 2011 | Nov 22, 2011 | View |
Package 1
Mandatory forms
129833 SF424_Mandatory-1.1.pdf
129833 CDFI_2011-1.0.pdf
129833 Attachments-1.0.pdf
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