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CDFI Program is sponsored by Community Development Financial Institutions Fund (U.S. Department of the Treasury). The CDFI Program provides financial and technical assistance awards to Community Development Financial Institutions (CDFIs) to invest in and build their capacity, empowering them to grow, achieve organizational sustainability, and drive community revitalization.
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# CDFI Program | Community Development Financial Institutions Fund **Official websites use** A **. gov** website belongs to an official government organization in the United States.
**Secure websites use HTTPS** Community Development Financial Institutions Fund U.S. Department of the Treasury ##### Top Navigation Second * Community Development Advisory Board * Bank Enterprise Award (BEA) Program * Capital Magnet Fund (CMF) Program * CDFI Bond Guarantee Program * CDFI Equitable Recovery Program * CDFI Rapid Response Program * New Markets Tax Credit (NMTC) Program * Small Dollar Loan Program * Compliance and Performance Reporting Resources * Opportunity Zones Resources * Searchable Awards Database * NMTC Allocatee States Served * Historical Award Documents * Program Eligibility Guidance * Message From the Director [](https://www.
cdfifund. gov/programs-training/programs/cdfi-program) The CDFI Program uses monetary Awards and training opportunities to invest in and build the capacity of CDFIs, empowering them to grow, achieve organizational sustainability, and drive community revitalization.
In FY 2024, CDFI Program Awardees: * Financed more than 109,000 businesses * Provided funding for more than 45,000 affordable housing units * Originated more than $24 billion in loans and investments Download CDFI Program Fact Sheet (English) › Download CDFI Program Fact Sheet (Español) › Access to affordable financial products and services is a staple of economically vibrant communities.
Yet at least one quarter of American households do not have a bank account or rely on costly payday lenders and check-cashing outlets. Additionally, many small businesses and critical community development projects lack access to the capital investment necessary to spark economic growth in their communities.
The Community Development Financial Institutions Program (CDFI Program) actively works to address these issues by investing federal resources—which are matched with private funding—in CDFIs working to serve low-income and underserved people and communities. The CDFI Program offers both**Financial Assistance**and**Technical Assistance awards**to CDFIs.
These competitive awards support and enhance the ability of these organizations to meet the needs of the communities they serve. **Financial Assistance awards**are made in the form of loans, grants, equity investments, deposits, and credit union shares, which CDFIs are required to match dollar-for-dollar with non-federal funds.
This requirement enables CDFIs to multiply the impact of federal investment to meet the demand for affordable financial products in economically distressed communities. **Technical Assistance grants**are offered to CDFIs and Certifiable CDFIs (see eligibility below) to build their organizational capacity.
Both Financial and Technical Assistance awards empower CDFIs to grow, achieve organizational sustainability, and contribute to the revitalization of the communities they serve. **Healthy Food Financing Initiative - Financial Assistance awards**are also offered for CDFIs that are interested in expanding their healthy food financing activities.
For more information, please see our**CDFI Program Fact Sheet**(English/Español) and our**Healthy Food Financing Initiative Fact Sheet**(English/Español). To be eligible to apply for a Financial Assistance award, your organization must be a Certified CDFI. The CDFI Fund also offers supplemental awards through the Healthy Food Financing Initiative.
CDFIs that are selected to receive a Financial Assistance award may also receive a Healthy Food Financing Initiative award to expand their healthy food financing activities. Certified and Emerging CDFIs are eligible to apply for Technical Assistance awards. However, Emerging CDFIs must demonstrate that they have the ability to become a Certified CDFI within three years of receiving a Technical Assistance grant.
For more detailed information, please refer to the Notice of Funds Availability (NOFA) and visit theCDFI Certification Application Process page. ### Are you an individual or business seeking a loan? Click here to learn how to find CDFIs and CDEs that are providing services in your community.
[](https://www. cdfifund. gov/programs-training/programs/cdfi-program) * HEALTHY FOOD FINANCING INITIATIVE * PAST YEAR'S APPLICATION MATERIALS * STEP 3 | Award Announcement * STEP 4 | Closing and Disbursement * CLOSING AND DISBURSEMENT * STEP 5 | Compliance and Reporting * COMPLIANCE AND REPORTING **Awards**Looking for more about Awards for this program?
Find it on our Awards page › **Our Impact**Learn more about the impact of the CDFI Fund on our Impact Blog › ## CDFI Fund Tools & Resources ### ACCESS TOOLS AND RESOURCES Access the CDFI Fund's database systems below. Use the Awards Database search to find CDFI Fund awardees by state for all of the CDFI Fund's programs.
* **Compliance and Performance Reporting Resources** * AboutCareersCommunity Development Advisory Board * Programs & TrainingCertificationProgramsTraining & TA * Tools & ResourcesAMISCIMS Mapping ToolCompliance and Performance Reporting ResourcesOpportunity Zones Resources * AwardsSearchable Awards DatabaseNMTC Allocatee States ServedHistorical Award Documents * Research & DataResearch ReportsData ReleasesProgram Eligibility GuidanceSnap Stat * News & EventsAnnouncementsMessage From the DirectorRequests for CommentsUpcoming Events Community Development Financial Institutions Fund United States Department of the Treasury ##### Footer Link Menu First * Small & Disadvantaged Businesses ##### Footer Link Menu Second
Based on current listing details, eligibility includes: Certified Community Development Financial Institutions (CDFIs) Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates Varies (monetary awards and training) Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
Yes — AI tools like Granted can help research funders, draft proposal sections, and check compliance. However, always review and customize AI-generated content to reflect your organization's unique strengths and the specific requirements of the solicitation.
Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.
Capital Magnet Fund (CMF) is sponsored by Community Development Financial Institutions Fund (U.S. Department of the Treasury). Capital Magnet Fund (CMF) is a competitive grant program from the Community Development Financial Institutions Fund (U. S. Department of the Treasury) that funds affordable housing development and community facilities serving low-income people and communities.
Small Dollar Loan Program is a grant program from the Community Development Financial Institutions Fund (U.S. Department of the Treasury) that funds certified CDFIs to expand affordable small-dollar consumer loan products as alternatives to predatory lending in underserved communities. Launched in 2021, the program has awarded over $40.2 million across three funding rounds to help CDFIs scale up responsible lending at the small-dollar level. Eligible applicants are certified Community Development Financial Institutions with a demonstrated track record of serving low-income and underserved borrowers in their communities.
The Fund for Women & Girls Grant Program is sponsored by The Foundation for Enhancing Communities (TFEC). The Fund for Women & Girls, an initiative of TFEC, makes grants to local nonprofit organizations in specific South Central PA counties. The grants support projects that advance the lives of women and girls by providing opportunities to address basic needs, develop economic self-sufficiency, and strengthen health and safety needs.
VGF grants will be used to develop and/or support community-based entities to recruit, manage, and support volunteers. CNCS seeks to fund effective approaches that expand volunteering, strengthen the capacity of volunteer connector organizations to recruit and retain skill-based volunteers, and develop strategies to use volunteers effectively to solve problems. Specifically, the VGF grants will support efforts that expand the capacity of volunteer connector organizations to recruit, manage, support and retain individuals to serve in high quality volunteer assignments.Applicants that receive funding under this Notice may directly carry out the activities supported under the award, or may carry out the activities by making sub-grants to community-based entities, supporting volunteer generation at these entities.). Funding Opportunity Number: AC-05-25-21. Assistance Listing: 94.021. Funding Instrument: G. Category: O. Award Amount: $6.1M total program funding.