Search Results for keywords:"Eligible Markets"

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Search Results: keywords:"Eligible Markets"

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  • 2025-01322 — Notice of Funds Availability
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    Type:Notice
    Citation:90 FR 6051
    Reading Time:about 66 minutes

    The Community Development Financial Institutions Fund (CDFI Fund) under the Treasury Department has announced the availability of funds through its CDFI Program for the 2025 fiscal year. The program offers Financial Assistance (FA) and Technical Assistance (TA) awards to eligible community-based financial institutions. These awards aim to enhance the capacity of these institutions to serve low-income markets and underserved communities. The availability of funding and any specific conditions depend on congressional appropriations and other federal guidelines.

    Simple Explanation

    The Treasury Department is giving out money to special banks called CDFIs to help neighborhoods that need more money. How much money they get and who can ask for it might change based on the rules they make later.

  • 2021-03356 — Notice of Funds Availability Inviting Applications for Financial Assistance Awards or Technical Assistance Grants under the Community Development Financial Institutions Program Fiscal Year 2021 Funding Round
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    Type:Notice
    Citation:86 FR 10390
    Reading Time:about 49 minutes

    The Community Development Financial Institutions Fund (CDFI Fund) of the Treasury Department is inviting applications for financial assistance and technical assistance grants under the CDFI Program for the fiscal year 2021. The program offers Financial Assistance (FA) awards up to $1 million and Technical Assistance (TA) grants up to $125,000 to eligible Community Development Financial Institutions to enhance their financial and organizational capacities. These awards prioritize low-income communities lacking access to affordable financial services. The application process requires compliance with specific federal regulations and submission deadlines via Grants.gov and the AMIS portal.

    Simple Explanation

    The government is giving money to special banks called CDFIs to help them become better at helping people who have a hard time getting money from regular banks. Some CDFIs can get up to $1 million, and smaller ones can get $125,000, but they have to follow certain rules to get this money.

  • 2021-03354 — Notice of Funds Availability Inviting Applications for Financial Assistance Awards or Technical Assistance Grants Under the Native American CDFI Assistance Fiscal Year 2021 Funding Round
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    Type:Notice
    Citation:86 FR 10413
    Reading Time:about 47 minutes

    The Community Development Financial Institutions (CDFI) Fund is inviting applications for financial assistance or technical assistance grants through the Native American CDFI Assistance (NACA) Program for fiscal year 2021. FA awards of up to $1 million are available for CDFIs serving Native American, Alaska Native, or Native Hawaiian populations to enhance their lending operations, while TA grants of up to $150,000 aim to build CDFIs’ organizational capabilities. The funding is contingent on availability, and applicants must adhere to various application and eligibility guidelines outlined by the Treasury Department's CDFI Fund.

    Simple Explanation

    The government is offering money to help special banks that serve Native American communities so they can get better at lending money to people. Some banks can get a big amount of money, while others can get a smaller amount to improve how they work.