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Fiscal Year 2022 CDFI Equitable Recovery Program
The Community Development Financial Institutions Fund (CDFI Fund) is launching the CDFI Equitable Recovery Program (CDFI ERP) to provide awards of up to $15 million to Certified Community Development Financial Institutions (CDFIs) for the following purposes:
1) to expand lending, grant making and
investment activity in Low- or Moderate-Income communities and to borrowers, including minorities, that have significant unmet capital or financial services needs, and were disproportionately impacted by the COVID-19 pandemic; and 2) to enable CDFIs to build organizational capacity and acquire technology, staff, and other tools necessary to accomplish the activities under a CDFI ERP Award.
All Awards provided through this NOFA are subject to funding availability.
1) to expand lending, grant making and
investment activity in Low- or Moderate-Income communities and to borrowers, including minorities, that have significant unmet capital or financial services needs, and were disproportionately impacted by the COVID-19 pandemic; and 2) to enable CDFIs to build organizational capacity and acquire technology, staff, and other tools necessary to accomplish the activities under a CDFI ERP Award.
All Awards provided through this NOFA are subject to funding availability.
Agency: Department of the Treasury
Office: Community Development Financial Institutions
Estimated Funding: $1,738,000,000
Office: Community Development Financial Institutions
Estimated Funding: $1,738,000,000
Who's Eligible
Obtain Full Opportunity Text:
A webpage on the CDFI Fund's website with all the relevant details regarding the CDFI Equitable Recovery Program
Additional Information of Eligibility:
Applicants must be Certified CDFIs by the date the Notice of Funds Availability (NOFA) is published by the Federal Register and meet the additional eligibility criteria outlined in the FY 2022 CDFI ERP NOFA.
Full Opportunity Web Address:
https://www.cdfifund.gov/erp
Contact:
Agency Email Description:
CDFI Fund ERP Staff
Agency Email:
Date Posted:
2022-06-23
Application Due Date:
Archive Date:
2022-09-21
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