FY 2005 Financial Assistance Component Funding Round

The summary for the FY 2005 Financial Assistance Component Funding Round Federal Grant is detailed below. It contains information such as the Catalog of Federal Domestic Assistance (CFDA) number, who is eligible for the grant, how much grant money will be awarded, important deadlines, and a sampling of similar government grants. Verify the accuracy of the data FederalGrants.com provides by visiting the webpage noted in the Link to Full Announcement section or by contacting the appropriate person listed in the Grant Announcement Contact section. If these sections are incomplete, please visit the website of the government agency that is offering this grant.


Federal Grant Title: FY 2005 Financial Assistance Component Funding Round
CFDA Number: 21.020
CFDA Description: Community Development Financial Institutions Program
Federal Agency Name: Other Agency
Category of Funding Activity: Community Development
Category Explanation: Information not provided
Opportunity Category: Discretionary
Funding Opportunity Number: TREAS-GRANTS-120704-002-FA
Document Type: Modification to Previous Grants Notice
Funding Instrument Type: Grant
Posted Date: Dec 08, 2004
Creation Date: Dec 08, 2004
Original Closing Date for Applications: Feb 24, 2005 Applications for the FY 2005 funding round must be received by 5:00 p.m. ET on February 24, 2005. All applications submitted must meet all eligibility and other requirements and deadlines, as applicable, set forth in this NOFA. Applications received after 5:00 p.m. ET on the applicable deadline will be rejected and returned to the sender.
Current Closing Date for Applications: Information not provided
Archive Date: Dec 08, 2005
Expected Number of Awards: Information not provided
Estimated Total Program Funding: $22,000,000
Federal Grant Award Ceiling: $2,000,000
Federal Grant Award Floor: $300,000
Cost Sharing or Matching Requirement: Yes

Applicants Eligible for this Grant
Native American tribal governments (Federally recognized) Native American tribal organizations (other than Federally recognized tribal governments) Small businesses Others (see text field entitled "Additional Information on Eligibility" for clarification)
Additional Information on Eligibility
For purposes of this NOFA, eligible Applicants include: (a) Any certified CDFI whose certification has not expired and/or that has not been notified by the Fund that its certification has been terminated. Each such Applicant must submit a ?Certification of Material Change Form? to the Fund not later than January 14, 2005, in accordance with the instructions on the Fund?s website at www.cdfifund.gov. Failure to timely submit said form may result in the Fund deeming the funding application fatally incomplete and rejecting the funding application without further review. Please note: the Fund provided a number of CDFIs with certifications expiring in 2003 through 2005 with written notification that their certifications had been extended. The Fund will consider the extended certification date (the later date) to determine whether those CDFIs meet this eligibility requirement; or (b) Any Applicant from which the Fund receives a complete CDFI certification application no later than January 14, 2005, evidencing that the Applicant can be certified as a CDFI. Applicants may obtain CDFI certification applications through the Fund?s website at www.cdfifund.gov. Applications for certification must be submitted as instructed in the application form. 3. Prior Awardees: Applicants must be aware that success in a prior round of any of the Fund?s programs is not indicative of success under this NOFA.
Grant Description
A. Through this NOFA, the Fund intends to target its resources and provide: (i) FA awards to CDFIs that will use award proceeds to serve their respective Target Markets and (ii) TA grants to build Awardee capacity to serve Target Market(s). B. CDFI Program Regulations/Interim Rule: The regulations governing the CDFI Program can be found at 12 CFR Part 1805 (the Interim Rule) and provide guidance on evaluation criteria and other requirements of the CDFI Program. The Fund encourages Applicants to review the Interim Rule. Detailed application content requirements are found in the application related to this NOFA. Each capitalized term in this NOFA is more fully defined in the Interim Rule or the application.
Link to Full Grant Announcement
FY 2005 Financial Assistance Component Funding Round
http://www.cdfifund.gov/programs/programs.asp?programID=7
Grant Announcement Contact
HELP, CDFI Fund, Help Desk, Phone 2026228662, Email cdfihelp@cdfi.treas.gov cdfihelp@cdfi.treas.gov HELP, CDFI Fund
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