Border Community Capital Initiative (BCCI)

The summary for the Border Community Capital Initiative (BCCI) grant is detailed below. This summary states who is eligible for the grant, how much grant money will be awarded, current and past deadlines, Catalog of Federal Domestic Assistance (CFDA) numbers, 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 as the Grant Announcement Contact. If any section is incomplete, please visit the website for the Department of Housing and Urban Development, which is the U.S. government agency offering this grant.
Border Community Capital Initiative (BCCI): The purpose of the BCCI is to support local rural nonprofits and Federally Recognized Indian tribes serving colonias for lending and investing activities in affordable housing, small businesses, and/or community facilities, and for securing additional sources of public and private capital for these activities. Please see specific purposes and eligible uses under Section III.C.
Federal Grant Title: Border Community Capital Initiative (BCCI)
Federal Agency Name: Department of Housing and Urban Development
Grant Categories: Community Development
Type of Opportunity: Discretionary
Funding Opportunity Number: FR-5600-N-38
Type of Funding: Grant
CFDA Numbers: 14.266
CFDA Descriptions: Border Community Capital Initiative
Current Application Deadline: Aug 26, 2013
Original Application Deadline: Aug 26, 2013
Posted Date: Jun 24, 2013
Creation Date: Jun 24, 2013
Archive Date: No date given
Total Program Funding: $2,000,000
Maximum Federal Grant Award: $1,000,000
Minimum Federal Grant Award: $200,000
Expected Number of Awards: 8
Cost Sharing or Matching: No
Applicants Eligible for this Grant
Others (see text field entitled "Additional Information on Eligibility" for clarification)
Additional Information on Eligibility
Eligible applicants for the BCCI are local rural nonprofits and Federally Recognized Indian tribes as defined in Section II.A.5, with demonstrated experience in lending or investing for affordable housing, small business development, and/or community facilities. Such applicants may be certified CDFIs, but CDFI certification is not required.
Grant Announcement Contact
Applicants may call Russell Quiniola or Thann Young in HUD’s Office of Rural Housing and Economic Development at 877-787-2526 or (202) 708-2290.

Contact via Phone [e@hud.gov]
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