FY 2011 CDFI Program - Financial Assistance & Technical Assistance Awards

The summary for the FY 2011 CDFI Program - Financial Assistance & Technical Assistance Awards 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 2011 CDFI Program - Financial Assistance & Technical Assistance Awards
CFDA Number: 21.020
CFDA Description: Community Development Financial Institutions Program
Federal Agency Name: Community Development Financial Institutions
Category of Funding Activity: Community Development
Category Explanation: Information not provided
Opportunity Category: Discretionary
Funding Opportunity Number: CDFI-2011-FATA
Document Type: Grants Notice
Funding Instrument Type: Grant Other
Posted Date: Oct 05, 2010
Creation Date: Oct 05, 2010
Original Closing Date for Applications: Nov 19, 2010
Current Closing Date for Applications: Nov 19, 2010
Archive Date: Nov 20, 2010
Expected Number of Awards: 200
Estimated Total Program Funding: $135,000,000
Federal Grant Award Ceiling: $2,000,000
Federal Grant Award Floor: $1
Cost Sharing or Matching Requirement: Yes

Applicants Eligible for this Grant
Others (see text field entitled "Additional Information on Eligibility" for clarification)
Additional Information on Eligibility
Applicants must be certified as a Community Development Financial Institution (or CDFI) by the CDFI Fund, or be certifiable as a CDFI by the CDFI Fund. Please see the Notice of Funds Availability on the CDFI Fund's website for more detailed information.
Grant Description
Through the CDFI Program, the CDFI Fund provides: (i) Financial Assistance (FA) awards to CDFIs that have Comprehensive Business Plans for creating demonstrable community development impact through the deployment of credit, capital, and financial services within their respective Target Markets or the expansion into new Investment Areas, Low-Income Targeted Populations, or Other Targeted Populations, and (ii) Technical Assistance (TA) grants to CDFIs and entities proposing to become CDFIs in order to build their capacity to better address the community development and capital access needs of their particular Target Markets, to expand into new Investment Areas, Low-Income Targeted Populations, or Other Targeted Populations, and/or to become certified CDFIs.
Link to Full Grant Announcement
http://www.cdfifund.gov/what_we_do/programs_id.asp?programid=7
Grant Announcement Contact
Jay Santiago IT Help Desk Phone: (202) 622-2455

IT Help Desk [IThelpdesk@cdfi.treas.gov]
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