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Community Development Financial Institution Assistance Program is sponsored by Empire State Development (ESD), New York State. This program bolsters institutions providing microloans to small businesses, as well as one-on-one counseling and business development assistance.
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Community Development Financial Institution Assistance Program | Empire State Development Community Development Financial Institution Assistance Program What is the Community Development Financial Institution Assistance Program?
Since the program's launch in 1997, Empire State Development (ESD) has awarded more than $25 million in grants to federally certified community development financial institutions (CDFIs) to strengthen their small business lending and technical assistance services. Every year, these CDFIs help thousands of minority- and women-owned businesses and small businesses survive and flourish in New York State.
The Community Development Financial Institution Assistance Program bolsters institutions providing microloans to small businesses that often do not qualify for bank loans, as well as provide one-on-one counseling and business development assistance to facilitate credit readiness.
The Program provides grant support to CDFIs in New York State for loan capital, the provision of technical assistance, institutional capacity, and loan loss reserves.
ESD issues a request for proposal (RFP) and considers a number of factors when considering making grants to CDFIs, including: Applicant must be certified by the United States Department of Treasury as a CDFI Applicant must have as a primary focus of its activities the provision of financial services for small businesses in New York State, including: Track record and volume of small business lending Performance under previous program grants Institutional capacity and need Merits of the proposed project In order to ensure your organization is notified about the RFP for the CDFI Assistance Program, register with the New York State Contract Reporter .
(Note: Not-for-profit organizations should create a "Government Entity Account") This page is available in other languages
Based on current listing details, eligibility includes: Must be certified by the U.S. Department of Treasury as a CDFI with a primary focus on providing financial services for small businesses in New York State. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates more than $25 million awarded since 1997 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.
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.