Fiscal Year 2025 CDFI Program
ID: 358096Type: Posted
Overview

Buyer

Community Development Financial Institutions (USDOT-CDFI)

Award Range

$10K - $1M

Eligible Applicants

Others

Funding Category

Community Development

Funding Instrument

Grant

Opportunity Category

Discretionary

Cost Sharing or Matching Requirement

Yes

Original Source

https://grants.gov/search-results-detail/358096

Additional Information

https://www.cdfifund.gov/cdfi
Timeline
    Description

    The Community Development Financial Institutions (CDFI) Fund is offering the Fiscal Year 2025 CDFI Program, which provides grants to enhance the financial and organizational capacity of Certified Community Development Financial Institutions (CDFIs). The program includes Base Financial Assistance (FA) awards of up to $1 million and Technical Assistance (TA) grants of up to $150,000, aimed at supporting CDFIs in serving their Eligible Markets and Target Markets effectively. This funding is crucial for fostering community development and improving access to financial services in underserved areas. Interested applicants must adhere to the eligibility requirements outlined in the FY 2025 Notice of Funds Availability (NOFA) and submit their applications by February 18, 2025. For further details, applicants can contact the CDFI Fund Help Desk at cdfihelp@cdfi.treas.gov or (202) 653-0421, and additional information is available on the CDFI Fund's website at https://www.cdfifund.gov/cdfi.

    Point(s) of Contact
    cdfihelp@cdfi.treas.gov
    Files
    No associated files provided.
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