[CircleUp] CDFI Fund Native CDFI Supplemental Funding Round - NACA 2009

[Info]

Please go to the Native Initiatives page of the CDFI Fund:
http://www.cdfifund.gov/what_we_do/programs_id.asp?programID=3#2  to find
all relevant materials for the supplemental NACA funding round for Native
CDFIs, due May 27, 2009.

 

 

 

Original press release below with changes in application materials link for
NACA applicants only (by Circle Up):

 

Treasury's CDFI Fund Opens Supplemental FY 2009 Funding Rounds of CDFI &
NACA Programs

April 21, 2009

Today, the Treasury Department's Community Development Financial
Institutions (CDFI) Fund issued Notices of Funds Availability (NOFAs) for
supplemental FY 2009 funding rounds of its CDFI Program and Native American
CDFI Assistance (NACA) Program, thereby inviting applications for Financial
Assistance (FA) awards. A total of $63 million in FA awards will be made -
$55 million under the FY 2009 supplemental funding round of the CDFI Program
and $8 million under the FY 2009 supplemental funding Round of the NACA
Program.

The supplemental funding rounds are made possible due to additional
appropriations received by the CDFI Fund through the American Recovery and
Reinvestment Act of 2009 (the Recovery Act). FA awards made through the
initial FY 2009 funding rounds of these two programs will be made using
Recovery Act resources; FA applications for those awards are currently being
reviewed. FA awards made through the supplemental FY 2009 funding rounds
will be made using funds appropriated to the CDFI Fund through the FY 2009
omnibus appropriations act.

The CDFI Fund anticipates that the NOFAs that govern the supplemental rounds
will be published in the Federal Register on or around Thursday, April 23,
2009.

CDFIs that applied for and/or received Technical Assistance only awards for
FY 2009 will be permitted to apply for FA funding under the supplemental
funding rounds. Applicants that have already submitted applications for FA
awards in FY 2009 do not need to re-submit in the supplemental round (unless
the initial round application was rejected). An applicant that receives a FA
award in the initial round may not also receive one in the supplemental
funding round.

Application Deadlines

The application deadline for the supplemental funding round of the FY 2009
CDFI Program and the FY 2009 NACA Program is 5:00 p.m. Eastern Time on
Wednesday, May 27, 2009.

Application Materials

http://www.cdfifund.gov/what_we_do/programs_id.asp?programID=3#2

Questions

For more information on the CDFI Program or NACA Program, please contact the
CDFI Fund's Office of Policy and Programs by e-mailing
cdfihelp at cdfi.treas.gov or by calling (202) 622-6355.

 

 

 

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