Fiscal Year 2020 CDFI Program

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Funding Opportunity ID: 324498
Opportunity Number: CDFI-2020-FATA
Opportunity Title: Fiscal Year 2020 CDFI Program
Opportunity Category: Discretionary
Opportunity Category Explanation:
Funding Instrument Type: Grant
Category of Funding Activity: Community Development
Category Explanation:
CFDA Number(s): 21.020
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 2020 CDFI Program can be found in the FY 2020 Notice of Funds Availability (NOFA).
Agency Code: USDOT-CDFI
Agency Name: US Department of the Treasury
Community Development Financial Institutions
Posted Date: Feb 20, 2020
Close Date: Mar 23, 2020
Last Updated Date: Feb 19, 2020
Award Ceiling: $1,000,000
Award Floor: $10,000
Estimated Total Program Funding: $184,000,000
Expected Number of Awards: 265
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, Certifiable, 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.
Version: 3
Modification Comments: Updated Link to Additional Information URL





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