Fiscal Year 2024 CDFI Program

The summary for the Fiscal Year 2024 CDFI Program 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 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 Community Development Financial Institutions, which is the U.S. government agency offering this grant.
Fiscal Year 2024 CDFI Program: Through the CDFI Program, the CDFI Fund provides (i) Base-FA awards of up to $2 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 $300,000 to build Certified 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.
Federal Grant Title: Fiscal Year 2024 CDFI Program
Federal Agency Name: Community Development Financial Institutions (USDOT-CDFI)
Grant Categories: Community Development
Type of Opportunity: Discretionary
Funding Opportunity Number: CDFI-2024-FATA
Type of Funding: Grant
CFDA Numbers: 21.020
CFDA Descriptions: Information not provided
Current Application Deadline: January 16th, 2024
Original Application Deadline: January 16th, 2024
Posted Date: December 8th, 2023
Creation Date: December 8th, 2023
Archive Date: February 15th, 2024
Total Program Funding: $412,000,000
Maximum Federal Grant Award: $2,000,000
Minimum Federal Grant Award: $10,000
Expected Number of Awards: 440
Cost Sharing or Matching: Yes
Last Updated: December 5th, 2023
Applicants Eligible for this Grant
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 2024 CDFI Program can be found in the FY 2024 Notice of Funds Availability (NOFA).
Link to Full Grant Announcement
A webpage on the CDFI Fund's website with all the relevant details regarding the CDFI Program.
Grant Announcement Contact
CDFI Fund Help Desk
(202) 653-0421
CDFI Fund Help Desk
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