Fiscal Year 2022 CDFI Equitable Recovery Program

Archived

Community Development Financial Institutions

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Description

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.

Who can apply

  • Others

Contact

CDFI Fund Help Desk <br/>(202) 653-0421
erp@cdfi.treas.gov

Key dates & funding
  • PostedJun 23, 2022
  • ClosesAug 18, 2022
  • Award floor$500,000
  • Award ceiling$15,000,000
  • Program funding$1,738,000,000
  • Expected awards500
  • CFDA21.033
Categories
Community Development

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