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: |
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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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