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General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | CDFI-2025-FATA |
| Funding Opportunity Title: | Fiscal Year 2025 CDFI Program |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Community Development |
| Category Explanation: | |
| Expected Number of Awards: | 495 |
| Assistance Listings: | 21.020 -- Community Development Financial Institutions Program |
| Cost Sharing or Matching Requirement: | Yes |
| Version: | Synopsis 1 |
| Posted Date: | Jan 16, 2025 |
| Last Updated Date: | Jan 08, 2025 |
| Original Closing Date for Applications: | Feb 18, 2025 |
| Current Closing Date for Applications: | Feb 18, 2025 |
| Archive Date: | Mar 20, 2025 |
| Estimated Total Program Funding: | $ 320,000,000 |
| Award Ceiling: | $1,000,000 |
| Award Floor: | $10,000 |
Eligibility
| Eligible Applicants: | 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 2025 CDFI Program can be found in the FY 2025 Notice of Funds Availability (NOFA). |
Additional Information
| Agency Name: | Community Development Financial Institutions |
| Description: | Through the CDFI Program, the CDFI Fund provides (i) Base-FA awards of up to $1 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 $150,000 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. |
| Link to Additional Information: | A webpage on the CDFI Fund's website with all the relevant details regarding the CDFI Program. |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact: CDFI Fund Help Desk
(202) 653-0421 |