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FY2010 Funding Round of the Community Development Financial Institutions (CDFI) Fund

 
Catalog of Federal Domestic Assistance Number: 21.020
Program
web site		 http://www.cdfifund.gov/news_events/CDFI-2009-49-F
Y-2010-Funding-Round-for-CDFI-Program.asp
Sponsor U.S. Department of Treasury
Deadlines November 18, 2009
Purpose Through the CDFI Program, the CDFI Fund invests in and supports CDFIs. Applicants can apply for financial assistance, technical assistance, or a combination of both through this single application. Through financial assistance awards, the CDFI Fund invests in certified CDFIs that demonstrate they have the financial and managerial capacity to: 1) provide affordable and appropriate financial products and services that positively impact the low-income communities they serve; 2) be viable financial institutions; and 3) use and leverage CDFI Fund award dollars effectively. Through technical assistance grants, the CDFI Fund enables certified CDFIs and established entities seeking to become certified CDFIs within three years to build their organizational capacity by acquiring prescribed types of products or services.
Eligibility See Program web site for eligibility criteria.
Geographic
coverage		 Nationwide
Amount of
funding		 The FY 2010 NOFA makes available $113 million, subject to final appropriations.
Application
process		 Click Here for FY 2010 CDFI Program Application Materials

An Applicant seeking financial assistance that is not currently certified as a CDFI must first submit a CDFI certification application no later than October 14, 2009.

Those interested in learning more about the FY 2010 funding round of the CDFI Program can do so in the following ways:

  • Webinar Application Workshop: On Monday, September 28, 2009 at 2:00 p.m. Eastern Time, the CDFI Fund will conduct a live webinar covering the same exact material that will be presented in the below In-Person Application Workshops.

    Registration required: Anyone wishing to access the webinar must register through the following link: https://cc.readytalk.com/r/22613bzt82y1

    The CDFI Fund will post an archived version of this webinar on its website on September 29, 2009 so that interested parties may learn how to apply to the FY 2010 CDFI Program at their convenience over the internet by visiting: www.cdfifund.gov/how_to_apply/

  • In-person application workshop: The CDFI Fund is sponsoring five in-person Application Workshops. CDFI Fund staff will conduct these workshops in-person and be available to answer questions.

    Registration required: Anyone wishing to attend one of the in-person application workshops must register through the CDFI Fund’s on-line registration system. The registration period is currently open. To register, please visit: www.cdfifund.gov/news_events/workshopregistration.asp.

    October 13, 2009 Minneapolis, MN
    1:00 – 4:30 p.m. CT

    Federal Reserve Bank of Minneapolis 90 Hennepin Avenue Minneapolis, MN 55401
    October 15, 2009 Los Angeles, CA
    1:00 p.m. – 4:30 p.m. PT

    Federal Reserve Bank of San Francisco 950 So. Grand Ave. (at Olympic Blvd.) Los Angeles, CA 90015
    October 19, 2009 Washington, DC
    1:00 p.m. – 4:30 p.m. ET

    Bureau of Engraving and Printing Center for Excellence 14th and C Streets, SW Washington, DC 20228
    October 21, 2009 Atlanta, GA
    1:00 p.m. – 4:30 p.m. CT

    Sam Nunn Atlanta Federal Center Tower Building, Second Floor 61 Forsyth Street, SW Atlanta, GA 30303
    October 23, 2009 New Orleans, LA
    1:00 p.m. – 4:30 p.m. ET

    Lavin-Bernick Center, Tulane University Building Number 29 6823 St. Charles Avenue New Orleans, LA 70118
 

For more information contact:
For more information on the CDFI Program or the Application Webcast and Workshops, please contact the CDFI Fund’s Office of Policy and Programs by e-mailing cdfihelp@cdfi.treas.gov or by calling (202) 622-6355.

Summaries of funding programs are provided by RAC for your convenience. Please contact the funder directly for the most complete and current information.