Opportunity ID: 341129
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | CDFI-2022-ERP |
| Funding Opportunity Title: | Fiscal Year 2022 CDFI Equitable Recovery Program |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Community Development |
| Category Explanation: | – |
| Expected Number of Awards: | 500 |
| Assistance Listings: | 21.033 — Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) |
| Cost Sharing or Matching Requirement: | No |
| Version: | Synopsis 3 |
| Posted Date: | Jun 14, 2022 |
| Last Updated Date: | Jul 15, 2022 |
| Original Closing Date for Applications: | Aug 18, 2022 |
| Current Closing Date for Applications: | Aug 18, 2022 |
| Archive Date: | Sep 17, 2022 |
| Estimated Total Program Funding: | $1,738,000,000 |
| Award Ceiling: | $15,000,000 |
| Award Floor: | $500,000 |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) |
| Additional Information on Eligibility: | Applicants must be Certified CDFIs by the date the Notice of Funds Availability (NOFA) is published by the Federal Register and meet the additional eligibility criteria outlined in the FY 2022 CDFI ERP NOFA. |
Additional Information
| Agency Name: | Community Development Financial Institutions |
| Description: |
The Community Development Financial Institutions Fund (CDFI Fund) is launching the CDFI Equitable Recovery Program (CDFI ERP) to provide awards of up to $15 million to Certified Community Development Financial Institutions (CDFIs) for the following purposes: 1) to expand lending, grant making and investment activity in Low- or Moderate-Income communities and to borrowers, including minorities, that have significant unmet capital or financial services needs, and were disproportionately impacted by the COVID-19 pandemic; and 2) to enable CDFIs to build organizational capacity and acquire technology, staff, and other tools necessary to accomplish the activities under a CDFI ERP Award. All Awards provided through this NOFA are subject to funding availability. |
| Link to Additional Information: | A webpage on the CDFI Fund’s website with all the relevant details regarding the CDFI Equitable Recovery Program |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
CDFI Fund Help Desk
(202) 653-0421 Email:erp@cdfi.treas.gov |
Version History
| Version | Modification Description | Updated Date |
|---|---|---|
| Deadline extended by the CDFI Equitable Recovery Program | Jul 15, 2022 |
DISPLAYING: Synopsis 3
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | CDFI-2022-ERP |
| Funding Opportunity Title: | Fiscal Year 2022 CDFI Equitable Recovery Program |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Community Development |
| Category Explanation: | – |
| Expected Number of Awards: | 500 |
| Assistance Listings: | 21.033 — Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) |
| Cost Sharing or Matching Requirement: | No |
| Version: | Synopsis 3 |
| Posted Date: | Jun 14, 2022 |
| Last Updated Date: | Jul 15, 2022 |
| Original Closing Date for Applications: | Aug 18, 2022 |
| Current Closing Date for Applications: | Aug 18, 2022 |
| Archive Date: | Sep 17, 2022 |
| Estimated Total Program Funding: | $1,738,000,000 |
| Award Ceiling: | $15,000,000 |
| Award Floor: | $500,000 |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) |
| Additional Information on Eligibility: | Applicants must be Certified CDFIs by the date the Notice of Funds Availability (NOFA) is published by the Federal Register and meet the additional eligibility criteria outlined in the FY 2022 CDFI ERP NOFA. |
Additional Information
| Agency Name: | Community Development Financial Institutions |
| Description: |
The Community Development Financial Institutions Fund (CDFI Fund) is launching the CDFI Equitable Recovery Program (CDFI ERP) to provide awards of up to $15 million to Certified Community Development Financial Institutions (CDFIs) for the following purposes: 1) to expand lending, grant making and investment activity in Low- or Moderate-Income communities and to borrowers, including minorities, that have significant unmet capital or financial services needs, and were disproportionately impacted by the COVID-19 pandemic; and 2) to enable CDFIs to build organizational capacity and acquire technology, staff, and other tools necessary to accomplish the activities under a CDFI ERP Award. All Awards provided through this NOFA are subject to funding availability. |
| Link to Additional Information: | A webpage on the CDFI Fund’s website with all the relevant details regarding the CDFI Equitable Recovery Program |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
CDFI Fund Help Desk
(202) 653-0421 Email:erp@cdfi.treas.gov |
Related Documents
Packages
| Agency Contact Information: | CDFI Fund Help Desk (202) 653-0421 Email: erp@cdfi.treas.gov |
| Who Can Apply: | Organization Applicants |
| Assistance Listing Number | Competition ID | Competition Title | Opportunity Package ID | Opening Date | Closing Date | Actions |
|---|---|---|---|---|---|---|
| 21.033 | PKG00274990 | Jun 23, 2022 | Aug 18, 2022 | View |
Package 1
Mandatory forms
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