[CircleUp] ATTN: Native CDFIs, Interested Native communities/tribes: CDFI Fund News Release: 2009 NACA Program Opens, Webcast of Application Workshop Available Now

[Stewart Sarkozy]

Fiscal Year 2009 Round of NACA Program Opens 

September 29, 2008 

Washington, D.C. - The U.S. Department of the Treasury's Community
Development Financial Institutions (CDFI) Fund today released its fiscal
year 2009 Notice of Funds Availability (NOFA) for the Native American
CDFI Assistance (NACA) Program. This annual funding notice provides up
to $8 million in appropriated funds, subject to final appropriations, in
the form of financial assistance awards and technical assistance awards
to CDFIs and entities proposing to become or create CDFIs that primarily
serve Native American, Alaskan Native or Native Hawaiian communities. 

To make this funding opportunity available to the public as soon as
possible, the CDFI Fund is posting the NOFA electronically on the
Grants.Gov website (www.grants.gov) <http://www.grants.gov/>  in advance
of the Federal Register publication on Wednesday, October 1, 2008.
Potential applicants are strongly encouraged to read this funding notice
thoroughly. Additional guidance can be found on the Native Initiative
web page
<http://www.cdfifund.gov/what_we_do/programs_id.asp?programID=3#2> . 

"Native CDFIs are on the front lines of providing vital financial
products and services, creating needed jobs and helping foster economic
growth in our nation's Native communities," said CDFI Fund Director
Donna J. Gambrell. "With the opening of the fiscal year 2009 round of
our NACA Program, the CDFI Fund is making available critically needed
capital that will help these community-based lenders grow and do more
for the communities they serve. I am also pleased that we are opening
the 2009 round earlier this year which will provide applicants an
additional month to prepare their application over last year." 

Learn About Applying to the NACA Program 

The CDFI Fund has post a webcast version of an Application Workshop
simultaneous to this announcement so that interested parities may learn
how to apply over the internet at their convenience. 

To access the webcast or for more detailed information, please visit:
How to Apply <http://www.cdfifund.gov/how_to_apply>  

Click here to view full press release.
<http://www.cdfifund.gov/news_events/CDFI-2008-44-2009NACAOpen.asp>  

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