Notice of Funds Availability
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Abstract
Through the NACA Program, the Community Development Financial Institutions (CDFI) Fund provides (i) FA awards of up to $1 million to Certified Community Development Financial Institutions (CDFIs) serving Native American, Alaska Native, or Native Hawaiian populations or Native American areas defined as Federally- designated reservations, Hawaiian homelands, Alaska Native Villages and U.S. Census Bureau-designated Tribal Statistical Areas (collectively, "Native Communities") to build their financial capacity to lend to Eligible Markets and/or their Target Markets, and (ii) TA grants of up to $150,000 to build Certified, and Emerging CDFIs' organizational capacity to serve Eligible Markets and/or their Target Markets, and Sponsoring Entities' ability to create Certified CDFIs that serve Native Communities. All awards provided through this NOFA are subject to funding availability.
Full Text
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<title>Federal Register, Volume 87 Issue 29 (Friday, February 11, 2022)</title>
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[Federal Register Volume 87, Number 29 (Friday, February 11, 2022)]
[Notices]
[Pages 8107-8137]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-02899]
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DEPARTMENT OF THE TREASURY
Community Development Financial Institutions Fund
Notice of Funds Availability
Funding Opportunity Title: Notice of Funds Availability (NOFA)
inviting Applications for Financial Assistance (FA) awards or Technical
Assistance (TA) grants under the Native American CDFI Assistance (NACA
Program) fiscal year (FY) 2022 Funding Round.
Announcement Type: Announcement of funding opportunity.
Funding Opportunity Number: CDFI-2022-NACA.
Catalog of Federal Domestic Assistance (Cfda) Number: 21.012.
Dates:
[[Page 8108]]
Table 1--FY 2022 NACA Program Funding Round Critical Deadlines for Applicants
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Time (eastern time--
Description Deadline ET) Submission method
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Last day to create an Awards Management Information Systems (AMIS) Account (all March 14, 2022....... 11:59 p.m. ET........ AMIS.
Applicants)
Last day to enter EIN and DUNS numbers in AMIS (all Applicants) March 14, 2022....... 11:59 p.m. ET........ AMIS.
Last day to submit SF-424 Mandatory (Application for Federal Assistance) March 14, 2022....... 11:59 p.m. ET........ Electronically via
<a href="http://Grants.gov">Grants.gov</a>.
Last day to contact NACA Program staff April 8, 2022........ 5:00 p.m. ET......... Service Request \1\
via AMIS or CDFI
Fund Helpdesk: 202-
653-0421.
Last day to contact AMIS-IT Help Desk (regarding AMIS technical problems only) April 12, 2022....... 5:00 p.m. ET......... Service Request via
AMIS or 202-653-
0422 or
<a href="/cdn-cgi/l/email-protection#f8b9b5b1abb89b9c9e91d68c8a9d998bd69f978e"><span class="__cf_email__" data-cfemail="a6e7ebeff5e6c5c2c0cf88d2d4c3c7d588c1c9d0">[email protected]</span></a>
.
Last day to submit NACA Program Application for Financial Assistance (FA) or April 12, 2022....... 11:59 p.m. ET........ AMIS.
Technical Assistance (TA)
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\1\ Service Request shall mean a written inquiry or notification submitted to the CDFI Fund via AMIS.
Executive Summary: Through the NACA Program, the Community
Development Financial Institutions (CDFI) Fund provides (i) FA awards
of up to $1 million to Certified Community Development Financial
Institutions (CDFIs) serving Native American, Alaska Native, or Native
Hawaiian populations or Native American areas defined as Federally-
designated reservations, Hawaiian homelands, Alaska Native Villages and
U.S. Census Bureau-designated Tribal Statistical Areas (collectively,
``Native Communities'') to build their financial capacity to lend to
Eligible Markets and/or their Target Markets, and (ii) TA grants of up
to $150,000 to build Certified, and Emerging CDFIs' organizational
capacity to serve Eligible Markets and/or their Target Markets, and
Sponsoring Entities' ability to create Certified CDFIs that serve
Native Communities. All awards provided through this NOFA are subject
to funding availability.
I. Program Description
A. History: The CDFI Fund was established by the Riegle Community
Development Banking and Financial Institutions Act of 1994 to promote
economic revitalization and community development through investment in
and assistance to CDFIs. The Native American CDFI Assistance (NACA)
Program made its first awards in 2002, after the CDFI Program began
making awards in 1996.
B. Priorities: Through the NACA Program's FA awards and TA grants,
the CDFI Fund invests in and builds the capacity of for-profit and non-
profit community based lending organizations known as CDFIs. These
organizations, certified as CDFIs by the CDFI Fund, serve Native
Communities.
C. Authorizing Statutes and Regulations: The CDFI Program is
authorized by the Riegle Community Development Banking and Financial
Institutions Act of 1994 (Pub. L. 103-325, 12 U.S.C. 4701 et seq.)
(Authorizing Statute). The regulations governing the NACA Program are
found at 12 CFR parts 1805 and 1815 (the Regulations) and are used by
the CDFI Fund to govern, in general, the NACA Program, setting forth
evaluation criteria and other program requirements. The CDFI Fund
encourages Applicants to review the Regulations; this NOFA; the NACA
Program Application for Financial Assistance or Technical Assistance
(the Application); all related materials and guidance documents found
on the CDFI Fund's website (Application materials); and the Uniform
Administrative Requirements, Cost Principles, and Audit Requirements
for Federal Awards (2 CFR part 1000), which is the Department of the
Treasury's codification of the Office of Management and Budget (OMB)
government-wide framework for grants management at 2 CFR part 200 (the
Uniform Requirements) for a complete understanding of the NACA Program.
Capitalized terms in this NOFA are defined in the Authorizing Statute,
the Regulations, this NOFA, the Application, Application materials, or
the Uniform Requirements. Details regarding Application content
requirements are found in the Application and Application materials.
D. Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards (2 CFR part 1000): The Uniform
Requirements codify financial, administrative, procurement, and program
management standards that Federal award agencies must follow. When
evaluating Applications, awarding agencies must evaluate the risks
posed by each Applicant, and each Applicant's merits and eligibility.
These requirements are designed to ensure that Applicants for Federal
assistance receive a fair and consistent review prior to an award
decision. This review will assess items such as the Applicant's
financial stability, quality of management systems, the soundness of
its business plan, history of performance, ability to achieve
measurable impacts through its products and services, and audit
findings. In addition, the Uniform Requirements include guidance on
audit requirements and other award compliance requirements for
Recipients.
E. Funding limitations: The CDFI Fund reserves the right to fund,
in whole or in part, any, all, or none of the Applications submitted in
response to this NOFA. The CDFI Fund also reserves the right to
reallocate funds from the amount that is anticipated to be available
through this NOFA to other CDFI Fund initiatives that are designed to
benefit Native Communities, particularly if the CDFI Fund determines
that the number of awards
[[Page 8109]]
made through this NOFA is fewer than projected.
II. Federal Award Information
A. Funding Availability
1. FY 2022 Funding Round: The CDFI Fund expects to award, through
this NOFA, approximately $16 million as indicated in the following
table:
Table 2--FY 2022 Funding Round Anticipated Category Amounts
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Estimated Award amount Estimated Estimated
Funding categories (see definition in Table 7 for TA or total amount -------------------------------- number of average amount Average amount
Table 8 for FA) to be awarded awards for FY awarded in FY awarded in FY
(millions) Minimum Maximum 2022 2022 2021
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Base-FA................................................. $11.8 $150,000 $1,000,000 17 $694,000 $694,000
Persistent Poverty Counties--Financial Assistance (PPC- 1.7 100,000 300,000 8 213,000 206,000
FA)....................................................
TA...................................................... 2.5 10,000 150,000 17 147,000 147,000
Total (Base-FA, PPC-FA, and TA)......................... 16 .............. .............. 42 .............. ..............
Disability Funds--Financial Assistance (DF-FA) *........ 6 100,000 500,000 14 429,000 429,000
Healthy Food Financing Initiative--Financial Assistance 23 500,000 5,000,000 10 2,300,000 2,300,000
(HFFI-FA) *............................................
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* DF-FA and HFFI-FA appropriation will be allocated in one competitive round between the NACA and CDFI Program NOFAs.
The CDFI Fund reserves the right to award more or less than the
amounts cited above in each category, based upon available funding and
other factors, as appropriate.
2. Funding Availability for the FY 2022 Funding Round: Funds for
the FY 2022 Funding Round are subject to change based on passage of a
final FY 2022 budget; if Congress does not appropriate funds for the
NACA Program there will not be an FY 2022 Funding Round. If funds are
appropriated, the amount of such funds may be greater or less than the
amounts set forth above. The CDFI Fund reserves the right to contact
applicants to seek additional information in the event that final FY
2022 appropriations for the NACA Program change any of the requirements
of this NOFA. As of the date of this NOFA, the CDFI Fund is operating
under a continuing funding resolution as enacted by the Further
Extending Government Funding Act (Pub. L. 117-70).
3. Anticipated Start Date and Period of Performance: The Period of
Performance for TA grants begins with the date of the award
announcement and includes either (i) an Emerging CDFI Recipient's three
full consecutive fiscal years after the date of the award announcement,
or (ii) a Certified CDFI Recipient's two full consecutive fiscal years
after the date of the award announcement, or (iii) a Sponsoring Entity
Recipient's four full years after the date of the award announcement,
during which the Recipient must meet the Performance Goals and Measures
(PG&Ms) set forth in the Assistance Agreement. The Period of
Performance for FA awards begins with the date of the award
announcement and includes a Recipient's three full consecutive fiscal
years after the date of the award announcement, during which time the
Recipient must meet the PG&Ms set forth in the Assistance Agreement.
B. Types of Awards: Through the NACA Program, the CDFI Fund
provides two types of awards: Financial Assistance (FA) and Technical
Assistance (TA) awards. An Applicant may submit an Application for a TA
grant or an FA award under the NACA Program, but not both. FA Awards
include the Base Financial Assistance (Base-FA) award and the following
awards that are provided as a supplement to the Base-FA award: Healthy
Food Financing Initiative--Financial Assistance (HFFI-FA), Persistent
Poverty Counties--Financial Assistance (PPC-FA), and Disability Funds--
Financial Assistance (DF-FA). The HFFI-FA, PPC-FA, and DF-FA
Applications will be evaluated independently from the Base-FA
Application, and will not affect the Base-FA Application evaluation or
Base-FA award amount.
However, Applicants that qualify for the NACA Program may submit
two Applications: One Application (either for a TA grant or an FA
award, but not both) through the CDFI Program; and one Application
(either for a TA grant or an FA award, but not both) through the NACA
Program. NACA qualified Applicants that choose to apply for awards
through both the CDFI Program and the NACA Program may either apply for
the same type of award under each Program or for a different type of
award under each Program. NACA qualified FA Applicants that choose to
apply for an FA award under both the NACA Program and CDFI Program and
are selected for an award under both Programs will be provided the FA
award under the CDFI Program. NACA qualified TA Applicants that choose
to apply for a TA award under both the NACA Program and CDFI Program
and are selected for an award under both Programs will be provided the
TA award under the NACA Program. NACA qualified Applicants that choose
to apply for a TA award and a FA award under separate programs and are
selected for an award under both Programs will be provided the larger
of the two awards. NACA Applicants cannot receive an award under both
Programs within the same funding round.
The Indian Community Economic Enhancement Act of 2020 (Pub. L. 116-
261) permanently waived the Matching Funds \2\ requirement for Native
American CDFIs,\3\ and as a result, Native American CDFI FA Applicants
are not required to provide Matching Funds. Additionally, TA Applicants
are not required to provide Matching Funds.
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\2\ Matching Funds shall mean funds from sources other than the
Federal government as defined in accordance with the CDFI Program
Regulations at 12 CFR 1805.500.
\3\ A Native American CDFI (Native CDFI) is one that Primarily
Serves a Native Community. Primarily Serves is defined as 50% or
more of an Applicant's activities being directed to a Native
Community.
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1. Base-FA Awards: Base-FA awards are provided in the form of a
grant. The CDFI Fund reserves the right, in its sole discretion, to
provide a Base-FA award in an amount other than that which the
Applicant requests; however, the award
[[Page 8110]]
amount will not exceed the Applicant's award request as stated in its
Application.
2. Persistent Poverty Counties--Financial Assistance (PPC-FA)
Awards: PPC-FA awards will be provided as a supplement to Base-FA
awards; therefore, only those Applicants that are selected to receive a
Base-FA award through the NACA Program FY 2022 Funding Round will be
eligible to receive a PPC-FA award. PPC-FA awards are provided in the
form of a grant. The CDFI Fund reserves the right, in its sole
discretion, to provide a PPC-FA award in an amount other than that
which the Applicant requests; however, the award amount will not exceed
the Applicant's award request as stated in its Application.
3. Disability Funds--Financial Assistance (DF-FA) Awards: DF-FA
awards will be provided as a supplement to Base-FA awards; therefore,
only those Applicants that have been selected to receive a Base-FA
award through the NACA Program FY 2022 Funding Round will be eligible
to receive a DF-FA award. DF-FA awards are provided in the form of a
grant for Native American CDFIs. The CDFI Fund reserves the right, in
its sole discretion, to provide a DF-FA award in an amount other than
that which the Applicant requests; however, the award amount will not
exceed the Applicant's award request as stated in its Application.
4. Healthy Food Financing Initiative--Financial Assistance (HFFI-
FA) Awards: HFFI-FA awards will be provided as a supplement to Base-FA
awards; therefore, only those Applicants that have been selected to
receive a Base-FA award through the NACA Program FY 2022 Funding Round
will be eligible to receive an HFFI-FA award. HFFI-FA awards are
provided in the form of a grant for Native American CDFIs. The CDFI
Fund reserves the right, in its sole discretion, to provide an HFFI-FA
award in an amount other than that which the Applicant requests;
however, the award amount will not exceed the Applicant's award request
as stated in its Application.
5. TA Grants: TA is provided in the form of grants. The CDFI Fund
reserves the right, in its sole discretion, to provide a TA grant in an
amount other than that which the Applicant requests; however, the TA
grant amount will not exceed the Applicant's request as stated in its
Application.
C. Eligible Activities:
1. FA Awards: Base-FA, PPC-FA, DF-FA, and HFFI-FA award funds may
be expended for activities serving Commercial Real Estate, Small
Business, Microenterprise, Community Facilities, Consumer Financial
Products, Consumer Financial Services, Commercial Financial Products,
Commercial Financial Services, Affordable Housing, Intermediary Lending
to Non-Profits and CDFIs, and other lines of business as deemed
appropriate by the CDFI Fund in the following five categories: (i)
Financial Products; (ii) Financial Services; (iii) Loan Loss Reserves;
(iv) Development Services; and (v) Capital Reserves. The FA Budget is
the amount of the award and must be expended in the five eligible
activity categories prior to the end of the Budget Period.\4\ None of
the eligible activity categories will be authorized for Indirect Costs
or an associated Indirect Cost Rate. Base-FA Recipients must meet
PG&Ms, which will be derived from projections and attestations provided
by the Applicant in its Application, to achieve one or more of the
following FA Objectives: (i) Increase Volume of Financial Products in
an Eligible Market(s) and/or in the Applicant's approved Target Market
and/or Increase Volume of Financial Services in an Eligible Market(s)
and/or in the Applicant's approved Target Market; (ii) Serve Eligible
Market(s) or the Applicant's approved Target Market in New Geographic
Area or Areas; (iii) Provide New Financial Products in an Eligible
Market(s) and/or in the Applicant's approved Target Market, Provide New
Financial Services in an Eligible Market(s) and/or in the Applicant's
approved Target Market, or Provide New Development Services in an
Eligible Market(s) and/or in the Applicant's approved Target Market;
and (iv) Serve New Targeted Population or Populations. At the end of
each year of the Period of Performance, 50% or more of the Financial
Products closed by NACA Recipients must be in Native Communities. FA
awards may only be used for Direct Costs associated with an eligible
activity; no indirect expenses are allowed. Up to 15% of the FA award
may be used for Direct Administrative Expenses associated with an
eligible FA activity. ``Direct Administrative Expenses'' shall mean
Direct Costs, as described in section 2 CFR 200.413 of the Uniform
Requirements, which are incurred by the Recipient to carry out the
Financial Assistance. Direct Costs incurred to provide Development
Services or Financial Services do not constitute Direct Administrative
Expenses.
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\4\ Budget Period means the time interval from the start date of
a funded portion of an award to the end date of that funded portion
during which Recipients are authorized to expend the funds awarded.
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The Recipient must comply, as applicable, with the Buy American Act
of 1933, 41 U.S.C. 8301-8303 and section 2 CFR 200.216 of the Uniform
Requirements,\5\ with respect to any Direct Costs. For purposes of this
NOFA, the five eligible activity categories are defined below:
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\5\ Sec. 200.216 Prohibition on certain telecommunications and
video surveillance services or equipment.
(a) Recipients and Subrecipients are prohibited from obligating
or expending loan or grant funds to:
(1) Procure or obtain;
(2) Extend or renew a contract to procure or obtain; or
(3) Enter into a contract (or extend or renew a contract) to
procure or obtain, equipment, services, or systems that uses covered
telecommunications equipment or services as a substantial or
essential component of any system, or as critical technology as part
of any system. As described in Public Law 115-232, section 889,
covered telecommunications equipment is telecommunications equipment
produced by Huawei Technologies Company or ZTE Corporation (or any
Subsidiary or Affiliate of such entities).
Table 3--Base-FA, PPC-FA, DF-FA, and HFFI-FA Eligible Activity Categories
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Eligible CDFI institution
FA eligible activity FA eligible activity definition * types
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i. Financial Products................... FA expended as loans, Equity Investments All.
and similar financing activities (as
determined by the CDFI Fund) including
the purchase of loans originated by
Certified CDFIs and the provision of loan
guarantees. In the case of CDFI
Intermediaries, Financial Products may
also include loans to CDFIs and/or
Emerging CDFIs, and deposits in Insured
Credit Union CDFIs, Emerging Insured
Credit Union CDFIs, and/or State-Insured
Credit Union CDFIs.
For HFFI-FA, however, the purchase of
loans originated by Certified CDFIs, loan
refinancing, or any type of financing for
prepared food outlets are not eligible
activities.
[[Page 8111]]
ii. Financial Services.................. FA expended for providing checking, Regulated Institutions \6\
savings accounts, check cashing, money only. Not applicable for
orders, certified checks, automated HFFI-FA Recipients.
teller machines, deposit taking, safe
deposit box services, and other similar
services.
iii. Loan Loss Reserves................. FA set aside in the form of cash reserves, All.
or through accounting-based accrual
reserves, to cover losses on loans,
accounts, and notes receivable or for
related purposes that the CDFI Fund deems
appropriate.
iv. Development Services................ FA expended for activities undertaken by a All.
CDFI, its Affiliate or contractor that
(i) promote community development and
(ii) prepare or assist current or
potential borrowers or investees to use
the CDFI's Financial Products or
Financial Services. For example, such
activities include financial or credit
counseling; homeownership counseling;
business planning; and management
assistance.
v. Capital Reserves..................... FA set aside as reserves to support the Regulated Institutions
Applicant's ability to leverage other only. Not applicable for
capital, for such purposes as increasing DF-FA.
its net assets or providing financing, or
for related purposes as the CDFI Fund
deems appropriate.
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* All FA eligible activities must be in an Eligible Market or the Applicant's approved Target Market. Eligible
Market is defined as (i) a geographic area meeting the requirements set forth in 12 CFR 1805.201(b)(3)(ii), or
(ii) individuals that are Low-Income, African American, Hispanic, Native American, Native Hawaiians residing
in Hawaii, Alaska Natives residing in Alaska, or Other Pacific Islanders residing in American Samoa, Guam or
the Northern Mariana Islands.
2. DF-FA Award: DF-FA award funds may only be expended for eligible
FA activities (referenced in Table 3) to directly or indirectly benefit
individuals with disabilities. The DF-FA Recipient must close Financial
Products for the primary purpose of directly or indirectly benefiting
people with disabilities, where the majority of the DF-FA supported
loans or investments benefit individuals with disabilities, in an
amount equal to or greater than 85% of the total DF-FA provided.
Eligible DF-FA financing activities may include, among other
activities, loans to develop or purchase affordable, accessible, and
safe housing; loans to provide or facilitate employment opportunities;
and loans to purchase assistive technology.
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\6\ Regulated Institutions include Insured Credit Unions,
Insured Depository Institutions, State-Insured Credit Unions and
Depository Institution Holding Companies.
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For the purposes of DF-FA, a person with a Disability is a person
who has a physical or mental impairment that substantially limits one
or more major life activities, a person who has a history or record of
such an impairment, or a person who is perceived by others as having
such an impairment, as defined by the American Disabilities Act (ADA)
at <a href="https://www.ada.gov/cguide.htm">https://www.ada.gov/cguide.htm</a>.
3. TA Grants: TA grant funds may be expended for the following
eight eligible activity categories: (i) Compensation--Personal
Services; (ii) Compensation--Fringe Benefits; (iii) Professional
Service Costs; (iv) Travel Costs; (v) Training and Education Costs;
(vi) Equipment; (vii) Supplies; and (viii) Incorporation Costs. Only
Sponsoring Entities may use TA grant funds for Incorporation Costs. The
TA Budget is the amount of the award and must be expended in the eight
eligible activity categories before the end of the Budget Period. None
of the eligible activity categories will be authorized for Indirect
Costs or an associated Indirect Cost Rate. Any expenses that are
prohibited by the Uniform Requirements are unallowable and are
generally found in Subpart E-Cost Principles. The Recipient must
comply, as applicable, with the Buy American Act of 1933, 41 U.S.C.
8301-8303 and section 2 CFR 200.216 of the Uniform Requirements, with
respect to any Direct Costs. For purposes of this NOFA, the eight
eligible activity categories are defined below:
BILLING CODE 4810-70-P
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[[Page 8113]]
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BILLING CODE 4810-70-C
[[Page 8114]]
4. HFFI-FA Award: HFFI-FA award funds may only be expended for
eligible FA activities referenced in Table 3. The HFFI-FA investments
must comply with the following guidelines:
a. Recipient must close Financial Products for Healthy Food Retail
Outlets and Healthy Food Non-Retail Outlets in its approved Target
Market in an amount equal to or greater than 100% of the total HFFI
Financial Assistance provided. Eligible financing activities to Healthy
Food Retail Outlets and Healthy Food Non-Retail Outlets require that
the majority of the loan or investment be devoted to offering a range
of Healthy Food choices, which may include, among other activities,
investments supporting an existing retail store or wholesale operation
upgrade to offer an expanded range of Healthy Food choices, or
supporting a nonprofit organization that expands the availability of
Healthy Foods in underserved areas.
b. Recipient must demonstrate that it has closed Financial Products
to Healthy Food Retail Outlets located in Food Deserts in the
Recipient's approved Target Market in an amount equal to 75% of the
total HFFI Financial Assistance provided.
Definitions:
Healthy Foods: Healthy Foods include unprepared nutrient-dense
foods and beverages as set forth in the USDA Dietary Guidelines for
Americans 2020-2025 including whole fruits and vegetables, whole
grains, fat free or low-fat dairy foods, lean meats and poultry (fresh,
refrigerated, frozen or canned). Healthy Foods should have low or no
added sugars, and be low-sodium, reduced sodium, or no-salt-added. (See
USDA Dietary Guidelines: <a href="http://www.dietaryguidelines.gov">http://www.dietaryguidelines.gov</a>).
Healthy Food Retail Outlets: Commercial sellers of Healthy Foods
including, but not limited to, grocery stores, mobile food retailers,
farmers markets, retail cooperatives, corner stores, bodegas, stores
that sell other food and non-food items along with a range of Healthy
Foods.
Healthy Food Non-Retail Outlets: Wholesalers of Healthy Foods
including, but not limited to, wholesale food outlets, wholesale
cooperatives, or other non-retail food producers that supply for sale a
range of Healthy Food options; entities that produce or distribute
Healthy Foods for eventual retail sale, and entities that provide
consumer education regarding the consumption of Healthy Foods.
Food Deserts: Distressed geographic areas where either a
substantial number or share of residents has low access to a
supermarket or large grocery store. For the purpose of satisfying this
requirement, a Food Desert must either: (1) Be a census tract
determined to be a Food Desert by the U.S. Department of Agriculture
(USDA), in its USDA Food Access Research Atlas; (2) be a census tract
adjacent to a census tract determined to be a Food Desert by the USDA,
in its USDA Food Access Research Atlas; which has a median family
income less than or equal to 120% of the applicable Area Median Family
Income; or (3) be a Geographic Unit as defined in 12 CFR part
1805.201(b)(3)(ii)(B), which (i) individually meets at least one of the
criteria in 12 CFR part 1805.201(b)(3)(ii)(D), and (ii) has been
identified as having low access to a supermarket or grocery store
through a methodology that has been adopted for use by another
governmental or philanthropic healthy food initiative.
5. PPC-FA Award: PPC-FA award funds may only be expended for
eligible FA activities referenced in Table 3. The PPC-FA Recipient must
close Financial Products in PPC in an Eligible Market or in the
Applicant's approved Target Market in an amount equal to or greater
than 100% of the total PPC Financial Assistance provided. The specific
counties that meet the criteria for ``persistent poverty'' can be found
at: <a href="https://www.cdfifund.gov/sites/cdfi/files/documents/cdfi-ppc-feb19-2020.xls">https://www.cdfifund.gov/sites/cdfi/files/documents/cdfi-ppc-feb19-2020.xls</a>.
III. Eligibility Information
A. Eligible Applicants: For the purposes of this NOFA, the
following tables set forth the eligibility criteria to receive an award
from the CDFI Fund, along with certain definitions of terms. There are
four categories of Applicant eligibility criteria: (1) CDFI
certification criteria (Table 5); (2) requirements that apply to all
Applicants (Table 6); (3) requirements that apply to TA Applicants
(Table 7); and (4) requirements that apply to FA Applicants (Table 8).
BILLING CODE 4810-70-P
[[Page 8115]]
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[[Page 8116]]
[GRAPHIC] [TIFF OMITTED] TN11FE22.009
[[Page 8117]]
[GRAPHIC] [TIFF OMITTED] TN11FE22.010
[[Page 8118]]
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[[Page 8119]]
[GRAPHIC] [TIFF OMITTED] TN11FE22.012
[[Page 8120]]
[GRAPHIC] [TIFF OMITTED] TN11FE22.013
[[Page 8121]]
[GRAPHIC] [TIFF OMITTED] TN11FE22.014
[[Page 8122]]
[GRAPHIC] [TIFF OMITTED] TN11FE22.015
[[Page 8123]]
[GRAPHIC] [TIFF OMITTED] TN11FE22.016
BILLING CODE 4810-70-C
B. Matching Funds Requirements: Native American CDFIs are not
required to provide Matching Funds.
Table 9--Reserved
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IV. Application and Submission Information
A. Address to Request an Application Package: Application materials
can be found on the CDFI Fund's website at <a href="http://www.cdfifund.gov/programs-training/Programs/native-initiatives">www.cdfifund.gov/programs-training/Programs/native-initiatives</a>. Applicants may request a paper
version of any Application material by contacting the CDFI Fund Help
Desk at <a href="/cdn-cgi/l/email-protection#335057555a5b565f43735057555a1d47415652401d545c45"><span class="__cf_email__" data-cfemail="4c2f282a252429203c0c2f282a2562383e292d3f622b233a">[email protected]</span></a>. Paper versions of Application
materials will only be provided if an Applicant cannot access the CDFI
Fund's website.
B. Content and Form of Application Submission: All Applications
must be prepared using the English language, and calculations must be
computed in U.S. dollars. The following table lists the Required
Application Documents for the FY 2022 Funding Round. The CDFI Fund
reserves the right to request and review other pertinent or public
information that has not been specifically requested in this NOFA or
the Application. Information submitted by the Applicant that the CDFI
Fund has not specifically requested will not be reviewed or considered
as part of the Application. Financial data, portfolio, and activity
information provided in the Application should only include the
Applicant's activities. Information submitted must accurately reflect
the Applicant's activities.
BILLING CODE 4810-70-P
[[Page 8124]]
[GRAPHIC] [TIFF OMITTED] TN11FE22.018
[[Page 8125]]
[GRAPHIC] [TIFF OMITTED] TN11FE22.019
BILLING CODE 4810-70-C
[[Page 8126]]
C. Application Submission: The CDFI Fund has a two-step process
that requires the submission of Required Application Documents (listed
in Table 10) on separate deadlines and locations. The SF-424 must be
submitted through <a href="http://Grants.gov">Grants.gov</a> and all other Required Application
Documents through the AMIS portal. The CDFI Fund will not accept
Applications via email, mail, facsimile, or other forms of
communication, except in extremely rare circumstances that have been
pre-approved in writing by the CDFI Fund. The deadline for submitting
the SF-424 is listed in Tables 1 and 12.
All Applicants must register in the <a href="http://Grants.gov">Grants.gov</a> system to
successfully submit the SF-424. The <a href="http://Grants.gov">Grants.gov</a> registration process can
take 45 days or longer to complete and the CDFI Fund strongly
encourages Applicants to start the <a href="http://Grants.gov">Grants.gov</a> registration process as
early as possible (refer to the following link: <a href="http://www.grants.gov/web/grants/register.html">http://www.grants.gov/web/grants/register.html</a>). Since the <a href="http://Grants.gov">Grants.gov</a> registration process
requires Applicants to have DUNS and EIN numbers, Applicants without
these required numbers should allow for additional time to complete the
<a href="http://Grants.gov">Grants.gov</a> registration process. Further, as described in Section IV.
(E) of this NOFA, new requirements for registration in the System for
Awards Management (SAM), which is required as part of the <a href="http://Grants.gov">Grants.gov</a>
registration process, may take more time than in recent years. The CDFI
Fund will not extend the Application deadline for any Applicant that
started the <a href="http://Grants.gov">Grants.gov</a> registration process but did not complete it by
the deadline. An Applicant that has previously registered with
<a href="http://Grants.gov">Grants.gov</a> must verify that its registration is current and active.
Applicants should contact <a href="http://Grants.gov">Grants.gov</a> directly with questions related to
the registration or submission process as the CDFI Fund does not
maintain the <a href="http://Grants.gov">Grants.gov</a> system.
Each Application must be signed by a designated Authorized
Representative in AMIS before it can be submitted. Applicants must
ensure that an Authorized Representative is an employee or officer and
is authorized to sign legal documents on behalf of the Applicant.
Consultants working on behalf of the Applicant may not be designated as
Authorized Representatives. Only a designated Authorized Representative
or Application Point of Contact, included in the Application, may
submit the Application in AMIS. If an Authorized Representative or
Application Point of Contact does not submit the Application, the
Application will be deemed ineligible.
D. Dun & Bradstreet Universal Numbering System: Pursuant to the
Uniform Requirements, each Applicant must provide as part of its
Application submission, a Dun and Bradstreet Universal Numbering System
(DUNS) number. Applicants without a DUNS number will not be able to
register and submit an Application in the <a href="http://Grants.gov">Grants.gov</a> system. Allow
sufficient time for Dun & Bradstreet to respond to inquiries and/or
requests for DUNS numbers.
E. System for Award Management (SAM): Any entity applying for
Federal grants or other forms of Federal financial assistance through
<a href="http://Grants.gov">Grants.gov</a> must be registered in SAM before submitting its Application.
Registration in SAM is required as part of the <a href="http://Grants.gov">Grants.gov</a> registration
process. The SAM registration process may take one month or longer to
complete. A signed notarized letter identifying the SAM authorized
entity administrator for the entity associated with the DUNS number is
required. This requirement is applicable to new entities registering in
SAM, as well as to existing entities with registrations being updated
or renewed in SAM. Applicants without DUNS and/or EIN numbers should
allow for additional time as an Applicant cannot register in SAM
without those required numbers. Applicants that have previously
completed the SAM registration process must verify that their SAM
accounts are current and active. Each Applicant must continue to
maintain an active SAM registration with current information at all
times during which it has an active Federal award or an Application
under consideration by a Federal awarding agency. The CDFI Fund will
deem ineligible any Applicant that fails to properly register or
activate its SAM account and, as a result, is unable to submit the SF-
424 in <a href="http://Grants.gov">Grants.gov</a> or Application in AMIS by the applicable Application
deadlines. These restrictions also apply to organizations that have not
yet received a DUNS or EIN number. Applicants must contact SAM directly
with questions related to registration or SAM account changes as the
CDFI Fund does not maintain this system and has no ability to make
changes or correct errors of any kind. For more information about SAM,
visit <a href="https://www.sam.gov">https://www.sam.gov</a>.
Table 11_Grants.gov Registration Timeline Summary
----------------------------------------------------------------------------------------------------------------
Step Agency Estimated minimum time to complete
----------------------------------------------------------------------------------------------------------------
Obtain a DUNS number..................... Dun & Bradstreet............ One (1) Week *.
Obtain an EIN Number..................... Internal Revenue Service Two (2) Weeks *.
(IRS).
Register in <a href="http://SAM.gov">SAM.gov</a>...................... System for Award Management Four (4) Weeks *.
(<a href="http://SAM.gov">SAM.gov</a>).
Register in <a href="http://Grants.gov">Grants.gov</a>................... <a href="http://Grants.gov">Grants.gov</a>.................. One (1) Week **.
----------------------------------------------------------------------------------------------------------------
* Applicants are advised that the stated durations are estimates only and represent minimum timeframes. Actual
timeframes may take longer. The CDFI Fund will deem ineligible any Applicant that fails to properly register
or activate its SAM account, has not yet received a DUNS or EIN number, and/or fails to properly register in
<a href="http://Grants.gov">Grants.gov</a>.
** This estimate assumes an Applicant has a DUNS number, an EIN number, and is already registered in <a href="http://SAM.gov">SAM.gov</a>.
F. Submission Dates and Times:
1. Submission Deadlines: The following table provides the critical
deadlines for the FY 2022 Funding Round.
[[Page 8127]]
Table 12--FY 2022 NACA Program Funding Round Critical Deadlines for Applicants
----------------------------------------------------------------------------------------------------------------
Time (eastern time--
Description Deadline ET) Submission method
----------------------------------------------------------------------------------------------------------------
Last day to create an Awards March 14, 2022......... 11:59 p.m. ET.......... AMIS.
Management Information Systems
(AMIS) Account (all Applicants).
Last day to enter EIN and DUNS March 14, 2022......... 11:59 p.m. ET.......... AMIS.
numbers in AMIS (all Applicants).
Last day to submit SF-424 March 14, 2022......... 11:59 p.m. ET.......... Electronically via
(Application for Federal Assistance). <a href="http://Grants.gov">Grants.gov</a>.
Last day to contact NACA Program April 8, 2022.......... 5:00 p.m. ET........... Service Request via
staff. AMIS or CDFI Fund
Helpdesk: 202-653-
0421.
Last day to contact AMIS-IT Help Desk April 12, 2022......... 5:00 p.m. ET........... Service Request via
(regarding AMIS technical problems AMIS or 202-653-0422
only). or
<a href="/cdn-cgi/l/email-protection#93d2dedac0d3f0f7f5fabde7e1f6f2e0bdf4fce5"><span class="__cf_email__" data-cfemail="fdbcb0b4aebd9e999b94d3898f989c8ed39a928b">[email protected]</span></a>.
Last day to submit NACA Program April 12, 2022......... 11:59 p.m. ET.......... AMIS.
Application for Financial Assistance
(FA) or Technical Assistance (TA).
----------------------------------------------------------------------------------------------------------------
2. Confirmation of Application Submission in <a href="http://Grants.gov">Grants.gov</a> and AMIS:
Applicants are required to submit the SF-424, Application for Federal
Assistance through the <a href="http://Grants.gov">Grants.gov</a> system, under the NACA Program
Funding Opportunity Number by the applicable deadline. All other
Required Application Documents (listed in Table 10) must be submitted
through the AMIS website by the applicable deadline. Applicants must
submit the SF-424 prior to submitting the Application in AMIS. If the
SF-424 is not successfully accepted by <a href="http://Grants.gov">Grants.gov</a> by the deadline, the
CDFI Fund will not review the Application submitted in AMIS, and the
Application will be deemed ineligible.
a. <a href="http://Grants.gov">Grants.gov</a> Submission Information: Each Applicant will receive
an email from <a href="http://Grants.gov">Grants.gov</a> immediately after submitting the SF-424
confirming that the submission has entered the <a href="http://Grants.gov">Grants.gov</a> system. This
email will contain a tracking number for the submitted SF-424. Within
48 hours, the Applicant will receive a second email, which will
indicate if the submitted SF-424 was either successfully validated or
rejected with errors. However, Applicants should not rely on the email
notification from <a href="http://Grants.gov">Grants.gov</a> to confirm that their SF-424 was
validated. Applicants are strongly encouraged to use the tracking
number provided in the first email to closely monitor the status of
their SF-424 by contacting the helpdesk at <a href="http://Grants.gov">Grants.gov</a> directly. The
Application material submitted in AMIS is not officially accepted by
the CDFI Fund until <a href="http://Grants.gov">Grants.gov</a> has validated the SF-424.
b. AMIS Submission Information: AMIS is a web-based portal where
Applicants will directly enter their Application information and add
the required attachments listed in Table 10. AMIS will verify that the
Applicant provided the minimum information required to submit an
Application. Applicants are responsible for the quality and accuracy of
the information and attachments included in the Application submitted
in AMIS. The CDFI Fund strongly encourages Applicants to allow for
sufficient time to review and complete all Required Application
Documents listed in Table 10, and remedy any issues prior to the
Application deadline. Each Application must be signed by an Authorized
Representative in AMIS before it can be submitted. Applicants must
ensure that the Authorized Representative is an employee or officer and
is authorized to sign legal documents on behalf of the Applicant.
Consultants working on behalf of the Applicant may not be designated as
Authorized Representatives. Only an Authorized Representative or an
Application Point of Contact may submit an Application. If an
Authorized Representative or Application Point of Contact does not
submit the Application, the Application will be deemed ineligible.
Applicants may only submit one Base-FA or TA Application under the NACA
Program. Upon submission, the Application will be locked and cannot be
resubmitted, edited, or modified in any way. The CDFI Fund will not
unlock or allow multiple Application submissions.
3. Late Submission or AMIS Account Creation: The CDFI Fund will not
accept an Application if the SF-424 is not submitted and accepted by
<a href="http://Grants.gov">Grants.gov</a> by the SF-424 deadline. Additionally, the CDFI Fund will not
accept an Application if it is not signed by an Authorized
Representative and submitted in AMIS by the Application deadline listed
in Table 1 and Table 12. The CDFI Fund will also not accept an
Application from an Applicant that failed to create an AMIS account by
the deadlines specified in Table 1 and Table 12. In these cases, the
CDFI Fund will not review any material submitted, and the Application
will be deemed ineligible.
However, in cases where a Federal government administrative or
technological error directly resulted in precluding an Applicant from
submitting the SF-424, the Application, or creating an AMIS account by
the deadlines stated in this NOFA, Applicants are provided the
opportunity to submit a written request for acceptance of late
submissions. The CDFI Fund will not consider the late submission of the
SF-424, the Application, or the late creation of an AMIS account that
was a direct result of a delay in a Federal Government process, unless
such delay was the result of a Federal government administrative or
technological error.
a. Creation of AMIS Account: In cases where a Federal government
administrative or technological error directly resulted in precluding
an Applicant from creating an AMIS account by the required deadline,
the Applicant must submit a written request for approval to create its
AMIS account after the deadline, and include documentation of the
error, no later than two business days after the AMIS account creation
deadline. The CDFI Fund will not respond to requests for creating an
AMIS account after that time. Applicants must submit such request via
an AMIS Service Request to the CDFI Program or an email to
<a href="/cdn-cgi/l/email-protection#adcec9cbc4c5c8c1ddedcec9cbc483d9dfc8ccde83cac2db"><span class="__cf_email__" data-cfemail="254641434c4d404955654641434c0b51574044560b424a53">[email protected]</span></a> with a subject line of ``AMIS Account Creation
Deadline Extension Request.''
b. SF-424 Late Submission: In cases where a Federal government
administrative or technological error directly resulted in precluding
an Applicant from submitting the SF-424 by the required deadline, the
Applicant must submit a written request for
[[Page 8128]]
acceptance of the late SF-424 submission and include documentation of
the error no later than two business days after the SF-424 deadline.
The CDFI Fund will not respond to requests for acceptance of late SF-
424 submissions after that time period. Applicants must submit late SF-
424 submission requests to the CDFI Fund via an AMIS Service Request to
the NACA Program with a subject line of ``Late SF-424 Submission
Request.''
c. Application Late Submission: In cases where a Federal government
administrative or technological error directly resulted in precluding
an Applicant from submitting the Application in AMIS by the required
deadline, the Applicant must submit a written request for acceptance of
the late Application submission and include documentation of the error
no later than two business days after the Application deadline. The
CDFI Fund will not respond to requests for acceptance of late
Application submissions after that time period. Applicants must submit
late Application submission requests to the CDFI Fund via an AMIS
Service Request to the NACA Program with a subject line of ``Late
Application Submission Request.''
G. Funding Restrictions: Base-FA, PPC-FA, DF-FA, HFFI-FA and TA
awards are limited by the following:
1. Base-FA Awards:
a. A Recipient shall use Base-FA funds only for the eligible
activities described in Section II. (C)(1) of this NOFA and its
Assistance Agreement.
b. With the exception of Depository Institution Holding Company
Applicants, Base-FA awards may not be used to support the activities
of, or otherwise be passed through, transferred, or co-awarded to,
third-party entities, whether Affiliates, Subsidiaries, or others,
unless done pursuant to a merger or acquisition or similar transaction,
and with the CDFI Fund's prior written consent.
c. Base-FA funds shall only be paid to the Recipient.
d. The CDFI Fund, in its sole discretion, may pay Base-FA funds in
amounts, or under terms and conditions, which are different from those
requested by an Applicant.
e. The Recipient must comply, as applicable, with the Buy American
Act of 1933, 41 U.S.C. 8301-8303 and section 2 CFR 200.216 of the
Uniform Requirements, with respect to any Direct Costs.
2. PPC-FA Awards:
a. A Recipient shall use PPC-FA funds only for the eligible
activities described in Section II. (C)(5) of this NOFA and its
Assistance Agreement.
b. With the exception of Depository Institution Holding Company
Applicants, PPC-FA awards may not be used to support the activities of,
or otherwise be passed through, transferred, or co-awarded to, third-
party entities, whether Affiliates, Subsidiaries, or others, unless
done pursuant to a merger or acquisition or similar transaction, and
with the CDFI Fund's prior written consent.
c. PPC-FA funds shall only be paid to the Recipient.
d. The CDFI Fund, in its sole discretion, may pay PPC-FA funds in
amounts, or under terms and conditions, which are different from those
requested by an Applicant.
e. The Recipient must comply, as applicable, with the Buy American
Act of 1933, 41 U.S.C. 8301-8303 and section 2 CFR 200.216 of the
Uniform Requirements, with respect to any Direct Costs.
3. DF-FA Awards:
a. A Recipient shall use DF-FA funds only for the eligible
activities described in Section II.(C)(2) of this NOFA and its
Assistance Agreement.
b. With the exception of Depository Institution Holding Company
Applicants, DF-FA awards may not be used to support the activities of,
or otherwise be passed through, transferred, or co-awarded to, third-
party entities, whether Affiliates, Subsidiaries, or others, unless
done pursuant to a merger or acquisition or similar transaction, and
with the CDFI Fund's prior written consent.
c. DF-FA funds shall only be paid to the Recipient.
d. The CDFI Fund, in its sole discretion, may pay DF-FA funds in
amounts, or under terms and conditions, which are different from those
requested by an Applicant.
e. The Recipient must comply, as applicable, with the Buy American
Act of 1933, 41 U.S.C. 8301-8303 and section 2 CFR 200.216 of the
Uniform Requirements, with respect to any Direct Costs.
4. HFFI-FA Awards:
a. A Recipient shall use HFFI-FA funds only for the eligible
activities described in Section II.(C)(4) of this NOFA and its
Assistance Agreement.
b. With the exception of Depository Institution Holding Company
Applicants, HFFI-FA awards may not be used to support the activities
of, or otherwise be passed through, transferred, or co-awarded to,
third-party entities, whether Affiliates, Subsidiaries, or others,
unless done pursuant to a merger or acquisition or similar transaction,
and with the CDFI Fund's prior written consent.
c. HFFI-FA funds shall only be paid to the Recipient.
d. The CDFI Fund, in its sole discretion, may pay HFFI-FA funds in
amounts, or under terms and conditions, which are different from those
requested by an Applicant.
e. The Recipient must comply, as applicable, with the Buy American
Act of 1933, 41 U.S.C. 8301-8303 and section 2 CFR 200.216 of the
Uniform Requirements, with respect to any Direct Costs.
5. TA Grants:
a. A Recipient shall use TA funds only for the eligible activities
described in Section II.(C)(3) of this NOFA and its Assistance
Agreement.
b. A Sponsoring Entity Recipient must create the Emerging CDFI as a
legal entity no later than the end of the first year of the Period of
Performance. Upon creation of the Emerging CDFI, the Sponsoring Entity
must request the CDFI Fund to amend the Assistance Agreement to add the
Emerging CDFI as a co-Recipient. The Sponsoring Entity must add the
Emerging CDFI as a co-Recipient within 90 days the end of the first
year of the Period of Performance. The Sponsoring Entity must then
transfer any remaining balances and/or assets derived from the TA award
to the Emerging CDFI.
c. With the exception of Depository Institution Holding Company
Applicants, TA awards may not be used to support the activities of, or
otherwise be passed through, transferred, or co-awarded to, third-party
entities, whether Affiliates, Subsidiaries, or others, unless done
pursuant to a merger or acquisition or similar transaction, and with
the CDFI Fund's prior written consent.
d. TA funds shall only be paid to the Recipient.
e. The CDFI Fund, in its sole discretion, may pay TA funds in
amounts, or under terms and conditions, which are different from those
requested by an Applicant.
f. The Recipient must comply, as applicable, with the Buy American
Act of 1933, 41 U.S.C. 8301-8303 and section 2 CFR 200.216 of the
Uniform Requirements, with respect to any Direct Costs.
V. Application Review Information
A. Criteria: If the Applicant has submitted an eligible
Application, the CDFI Fund will conduct a substantive review in
accordance with the criteria and procedures described in the
Regulations, this NOFA, the Application guidance, and the Uniform
Requirements. The CDFI Fund reserves the right to contact the Applicant
by telephone, email, or mail for the
[[Page 8129]]
purpose of clarifying or confirming Application information. If
contacted, the Applicant must respond within the time period
communicated by the CDFI Fund or risk that its Application will be
rejected. The CDFI Fund will review the Base-FA, DF-FA, PPC-FA, HFFI-
FA, and TA Applications in accordance with the process below. All
internal and external reviewers will complete the CDFI Fund's conflict
of interest process. The CDFI Fund's Application conflict of interest
policy is located on the CDFI Fund's website.
1. Base-FA Application Scoring, Award Selection, Review, and
Selection Process: The CDFI Fund will evaluate each Application using a
five-step review process illustrated in the sections below. Applicants
that meet the minimum criteria will advance to the next step in the
review process. Applicants applying as a Community Partnership must
describe the partnership in the Application pursuant to the
requirements set forth in Table 8, and will be evaluated in accordance
with the review process described below.
a. Step 1: Eligibility Review: The CDFI Fund will evaluate each
Application to determine its eligibility status pursuant to Section III
of this NOFA.
b. Step 2: Financial Analysis and Compliance Risk Evaluation:
i. Step 2: Financial Analysis: For Regulated Institutions, the CDFI
Fund will consider financial safety and soundness information from the
Appropriate Federal or State Banking Agency. As detailed in Table 8,
each Regulated Institution FA Applicant (including a subsidiary
Depository Institution that will expend and carry out the activities of
an award on behalf of a Depository Institution Holding Company
Applicant) must have a CAMELS/CAMEL rating of at least ``3'' and/or no
significant material concerns from its regulator.
For non-regulated Applicants, the CDFI Fund will evaluate the
financial health and viability of each non-regulated Applicant using
financial information provided by the Applicant. For the Financial
Analysis, each non-regulated Applicant will receive a Total Financial
Composite Score on a scale of one (1) to five (5), with one (1) being
the highest rating. The Total Financial Composite Score is based on the
analysis of twenty-three (23) financial indicators. Applications will
be grouped based on the Total Financial Composite Score. Applicants
must receive a Total Financial Composite Score of one (1), two (2), or
three (3) to advance to Step 3. Applicants that receive an initial
Total Financial Composite Score of four (4) or five (5) will be re-
evaluated and re-scored by CDFI Fund staff. If the Total Financial
Composite Score remains four (4) or five (5) after CDFI Fund staff
review, the Applicant will not advance to Step 3.
ii. Step 2: Compliance Risk Evaluation: For the compliance
analysis, the CDFI Fund will evaluate the compliance risk of each
Applicant using information provided in the Application as well as an
Applicant's reporting history, reporting capacity, and performance risk
with respect to the CDFI Fund's PG&Ms. Each Applicant will receive a
Total Compliance Composite Score on a scale of one (1) to five (5),
with one (1) being the highest rating. Applicants that receive an
initial Total Compliance Composite Score of four (4) or five (5) will
be re-evaluated by CDFI Fund staff. If the Applicant is deemed a high
compliance risk after CDFI Fund staff review, the Applicant will not
advance to Step 3.
c. Step 3: Business Plan Review: Applicants that proceed to Step 3
will be evaluated on the soundness of their comprehensive business
plan. Two external non-CDFI Fund Reviewers will conduct the Step 3
evaluation. Reviewers will evaluate the Application sections listed in
Table 13. All Applications will be reviewed in accordance with standard
reviewer evaluation materials. Applications will be ranked based on
Total Business Plan Scores, in descending order. In order to advance to
Step 4, Applicants must receive a Total Business Plan Score that is
either (1) equal to receiving a point score equivalent to a ``Good''
out of a ranking scale in descending order of Excellent, Good, Fair,
Limited or Poor, in each section listed in Table 13, or (2) within the
top 70% of the NACA FA Applicant pool, whichever is greater. In the
case of tied Total Business Plan Scores that would prevent an Applicant
from moving to Step 4, all Applicants with the same score will progress
to Step 4. Lastly, the CDFI Fund may consider the geographic diversity
of Applicants when determining the Step 4 Applicant pool.
Table 13--Step 3: Base-FA Business Plan Review Scoring Criteria
------------------------------------------------------------------------
Score needed to
Base-FA application sections Possible score advance
------------------------------------------------------------------------
Executive Summary............. Not Scored............ N/A.
Business Strategy............. 12.................... N/A.
Market and Competitive 7..................... N/A.
Analysis.
Products and Services......... 12.................... N/A.
Management and Track Record... 12.................... N/A.
Growth and Projections........ 7..................... N/A.
Total Business Plan Score. 50.................... NACA Applicants:
Top 70% of all
NACA Applicant
Step 3 Scores.
------------------------------------------------------------------------
d. Step 4: Policy Objective Review: The CDFI Fund internal
reviewers will evaluate each Application to determine its ability to
meet policy objectives of the CDFI Fund. Each Applicant will be
evaluated in each of the categories listed in Table 14 below, and will
receive a Total Policy Objective Review Composite Score on a scale of
one (1) to five (5), with one (1) being the highest score. Applicants
are then grouped according to Total Policy Objective Review Scores.
The CDFI Fund also conducts a due diligence review for Applications
that includes an analysis of programmatic risk factors including, but
not limited to: History of performance in managing Federal awards
(including timeliness of reporting and compliance); ability to meet FA
Objective(s) selected by Base-FA Applicants in their Applications;
reports and findings from audits; and the Applicant's ability to
effectively implement Federal requirements, each of which could impact
the Total Policy Objective Review Score.
[[Page 8130]]
Table 14--Step 4: Base-FA Policy Review Scoring Criteria
----------------------------------------------------------------------------------------------------------------
Section Possible scores High score Score needed to advance
----------------------------------------------------------------------------------------------------------------
Economic Distress............... 1, 2, 3, 4, or 5 1 N/A.
Economic Opportunities.......... 1, 2, 3, 4, or 5 1 N/A.
Community Collaboration......... 1, 2, 3, 4, or 5 1 N/A.
Total Policy Objective 1, 2, 3, 4, or 5 1 All Scores Advance.
Review Composite Score.
----------------------------------------------------------------------------------------------------------------
e. Step 5: Award Amount Determination: The CDFI Fund determines an
award amount for each Application based on the Step 4 Total Policy
Objective Review Score, the Applicant's request amount, and on certain
other factors, including, but not limited to, an Applicant's deployment
track record, minimum award size, and funding availability. Applicants
may have Award amounts reduced from the requested award amount or not
funded as a result of this analysis. Based on funding availability for
Core, SECA, and/or NACA Base-FA Applicant types, the CDFI Fund reserves
the right to not award all Applicants that advance to Step 5. In cases
where funding availability is not sufficient to award all Applications,
priority will be given to Applicants that score highest on the Step 4
Policy Objective review in each Applicant type Category (Core, SECA
and/or NACA). For NACA FA Applicants, the award cannot exceed 100% of
the Applicant's total portfolio outstanding as of the Applicant's most
recent historic fiscal year end \9\, or the minimum award size as noted
in Table 2, whichever is greater.
---------------------------------------------------------------------------
\9\ For the purposes of this NOFA, an Applicant's most recent
historic fiscal year end is determined as follows.
(A) Applicants with a 3/31 fiscal year end date will treat FY
2021 as their most recent historic fiscal year and FY 2022 as their
current year.
(B) Applicants with a 6/30 fiscal year end date will treat FY
2021 as their most recent historic fiscal year and FY 2022 as their
current year.
(C) Applicants with a 9/30 fiscal year end date and a completed
FY 2021 audit will treat FY 2021 as their most recent historic
fiscal year and FY 2022 as their current year.
(D) Applicants with a 9/30 fiscal year end date but without a
final, completed FY 2021 audit will treat FY 2020 as their most
recent historic fiscal year and FY 2021 as their current year.
(E) Applicants with a 12/31 fiscal year end date, with or
without a final, completed FY 2021 audit, will treat FY 2020 as
their most recent historic fiscal year and FY 2021 as their current
year.
---------------------------------------------------------------------------
2. Healthy Food Financing Initiative-FA (HFFI-FA) Application
Scoring, Award Selection, Review, and Selection Process: A CDFI Fund
internal reviewer will evaluate each HFFI-FA Application associated
with a Base-FA Application that progresses to Step 4 of the FA
Application review process. The reviewer will evaluate the Application
sections listed in Table 15 and assign a Total HFFI-FA Score up to 60
points. The CDFI Fund will make awards to the highest scoring
Applicants first. All Applications will be reviewed in accordance with
standard reviewer evaluation materials. Applicants that fail to receive
a Base-FA award will not be considered for a HFFI-FA award.
The CDFI Fund conducts additional levels of due diligence for
Applications that are under consideration for an HFFI-FA award. Award
amounts may be reduced from the requested award amount as a result of
this analysis. The CDFI Fund may reduce awards sizes from requested
amounts based on certain variables, including but not limited to, an
Applicant's loan disbursement activity, total portfolio outstanding, or
compliance with prior HFFI-FA awards. Lastly, the CDFI Fund may
consider the geographic diversity of Applicants when making its funding
decisions.
Table 15--Step 4 HFFI-FA Application Scoring Criteria
------------------------------------------------------------------------
Possible score
Sections (points)
------------------------------------------------------------------------
Target Market Profile................................... 10
Healthy Food Financial Products......................... 10
Projected HFFI-FA Activities............................ 15
HFFI Track Record....................................... 20
Management Capacity for Providing Healthy Food Financing 5
---------------
Total HFFI-FA Possible Score........................ 60
------------------------------------------------------------------------
3. Persistent Poverty Counties--Financial Assistance (PPC-FA)
Application Scoring, Award Selection, Review, and Selection Process: A
CDFI Fund internal reviewer will evaluate the PPC-FA request of each
associated Base-FA Application that progresses to Step 4 of the FA
Application review process. PPC-FA requests are not scored. PPC-FA
award amounts will be determined based on the total number of eligible
Applicants and funding availability, the Applicant's requested amount,
and on certain factors, including but not limited to, an Applicant's
overall portfolio size, historical track record of deployment in PPC,
pipeline of projects in PPC, minimum award size, and funding
availability. Applicants that fail to receive a Base-FA award will not
be considered for a PPC-FA award.
4. Disability Funds-Financial Assistance (DF-FA) Application
Scoring, Award Selection, Review, and Selection Process: A CDFI Fund
internal reviewer will evaluate each DF-FA Application associated with
a Base-FA Application that progresses to Step 4 of the FA Application
review process. The reviewer will evaluate the Application and assign a
Total DF-FA Score on a scale of one (1) to three (3), with one (1)
being the highest score. Applicants are then grouped according to Total
DF-FA Score. All Applications will be reviewed in accordance with
standard reviewer evaluation materials. Applicants that fail to receive
a Base-FA award will not be considered for a DF-FA award. Award amounts
will be determined on the basis of the Total DF-FA Score, the
Applicant's requested amount, and on certain factors, including but not
limited to, an Applicant's deployment track record, minimum award size,
and funding availability. Award amounts may be reduced from the
requested award amount as a result of this analysis. The CDFI Fund will
make awards to the highest scoring Applicants first.
Table 16--Step 3 DF-FA Application Scoring Criteria
------------------------------------------------------------------------
Section Possible scores High score
------------------------------------------------------------------------
DF-FA Narrative Questions............... 1, 2, or 3 1
[[Page 8131]]
Total DF-FA Score................... 1, 2, or 3 1
------------------------------------------------------------------------
5. Technical Assistance (TA) Application Scoring, Award Selection,
Review, and Selection Process: The CDFI Fund will evaluate each
Application to determine its eligibility pursuant to Section III of
this NOFA. If the Application satisfies the eligibility criteria, the
CDFI Fund will evaluate the TA Application. Sponsoring Entity or
Emerging CDFI Applicants must receive a rating of Low Risk or Medium
Risk in Section I of the TA Business Plan Review to progress to Section
II of the TA Business Plan Review. Sponsoring Entity, or Emerging CDFI
Applicants that receive a rating of High Risk in Section I of the TA
Business Plan Review will not be considered for an award. Section I of
the TA Business Plan Review is not applicable for Certified CDFI
Applicants. Sponsoring Entity, Emerging CDFI, and Certified CDFI
Applicants must receive a rating of Low Risk or Medium Risk in Section
II of the TA Business Plan Review to be considered for an award.
Applicants that receive a rating of High Risk in Section II of the TA
Business Plan Review will not be considered for an award.
An Applicant that is a Certified CDFI will be evaluated on the
demonstrated need for TA funding to build the CDFI's capacity, further
the Applicant's strategic goals, and achieve impact within the
Applicant's Target Market. An Applicant that is an Emerging CDFI will
be evaluated on the Applicant's demonstrated capability and plan to
achieve CDFI certification within three years, or if a prior Recipient,
the certification PG&M stated in its prior Assistance Agreement. An
Applicant that is an Emerging CDFI will also be evaluated on its
demonstrated need for TA funding to build the CDFI's capacity and
further its strategic goals. An Applicant that is a Sponsoring Entity
will be rated on its demonstrated capability to create a separate legal
entity within one year that will achieve CDFI certification within four
years. An Applicant that is a Sponsoring Entity will also be rated on
its demonstrated need for TA funding to build the CDFI's capacity and
further its strategic goals.
The CDFI Fund will rate each part of the TA Business Plan Review as
indicated in Table 17.
Table 17--TA Business Plan Review
----------------------------------------------------------------------------------------------------------------
Business plan review component Applicant type Ratings
----------------------------------------------------------------------------------------------------------------
Section I:
Primary Mission..................... Sponsoring Entity and Emerging CDFI Low Risk, Medium Risk, or
Applicants. High Risk.
Financing Entity.................... Sponsoring Entity and Emerging CDFI
Applicants.
Target Market....................... Sponsoring Entity and Emerging CDFI
Applicants.
Accountability...................... Sponsoring Entity and Emerging CDFI
Applicants.
Development Services................ Sponsoring Entity and Emerging CDFI
Applicants.
Section II: .......................................... ..........................
Target Market Needs & Strategy...... Sponsoring Entity, Emerging CDFI, and Low Risk, Medium Risk, or
Certified Applicants. High Risk.
Organizational Capacity............. Sponsoring Entity, Emerging CDFI, and
Certified Applicants.
Management Capacity................. Sponsoring Entity, Emerging CDFI, and
Certified Applicants.
----------------------------------------------------------------------------------------------------------------
Each TA Application will be evaluated by one internal CDFI Fund
reviewer. All Applications will be reviewed in accordance with CDFI
Fund standard reviewer evaluation materials for the Business Plan
Review.
The CDFI Fund conducts additional levels of due diligence for
Applications that are under consideration for an award. This due
diligence includes an analysis of programmatic and financial risk
factors including, but not limited to, financial stability, history of
performance in managing Federal awards (including timeliness of
reporting and compliance), reports and findings from audits, and the
Applicant's ability to effectively implement Federal requirements. The
CDFI Fund will also evaluate the compliance risk of each Applicant
using information provided in the Application as well as an Applicant's
reporting history, reporting capacity, and performance risk with
respect to the CDFI Fund's PG&Ms. Each Applicant will receive a Total
Compliance Composite Score on a scale of one (1) to five (5), with one
(1) being the highest rating. Applicants that receive an initial Total
Compliance Composite Score of four (4) or five (5) will be re-evaluated
by CDFI Fund staff. If the Applicant is deemed a high compliance risk
after CDFI staff review, the Applicant will not be considered for an
award. The CDFI Fund will also evaluate the Applicant's ability to meet
certification criteria of being a legal entity and a non-government
entity. Award amounts may be reduced as a result of the due diligence
analysis in addition to consideration of the Applicant's funding
request and similar factors. Lastly, the CDFI Fund may consider the
geographic diversity of Applicants when making its funding decisions.
6. Regulated Institutions: The CDFI Fund will consider safety and
soundness information from the Appropriate Federal or State Banking
Agency. If the Applicant is a CDFI Depository Institution Holding
Company, the CDFI Fund will consider information provided by the
Appropriate Federal or State Banking Agencies about both the CDFI
Depository Institution Holding Company and the Certified CDFI
Subsidiary Insured Depository Institution that will expend and carry
out the award. If the Appropriate Federal or State Banking Agency
identifies safety and soundness concerns (including any concerns for
Subsidiary Depository Institutions carrying out activities of an award
on behalf of a CDFI Depostory Institution
[[Page 8132]]
Holding Company), the CDFI Fund will assess whether such concerns cause
or will cause the Applicant to be incapable of undertaking the
activities for which funding has been requested.
7. Non-Regulated Institutions:
The CDFI Fund must ensure, to the maximum extent practicable, that
Recipients which are non-regulated CDFIs are financially and
managerially sound, and maintain appropriate internal controls (12
U.S.C. 4707(f)(1)(A) and 12 CFR 1805.800(b)). Further, the CDFI Fund
must determine that an Applicant's capacity to operate as a CDFI and
its continued viability will not be dependent upon assistance from the
CDFI Fund (12 U.S.C. 4704(b)(2)(A)). If it is determined that the
Applicant is incapable of meeting these requirements, the CDFI Fund
reserves the right to deem the Applicant ineligible or terminate the
award.
B. Anticipated Award Announcement: The CDFI Fund anticipates making
NACA Program award announcement before September 30, 2022. However, the
anticipated award Announcement Date is subject to change without
notice.
C. Application Rejection: The CDFI Fund reserves the right to
reject an Application if information (including administrative errors)
comes to the CDFI Fund's attention that: Adversely affects an
Applicant's eligibility for an award; adversely affects the Recipient's
certification as a CDFI (to the extent that the award is conditional
upon CDFI certification); adversely affects the CDFI Fund's evaluation
or scoring of an Application; or indicates fraud or mismanagement on
the Applicant's part. If the CDFI Fund determines any portion of the
Application is incorrect in a material respect, the CDFI Fund reserves
the right, in its sole discretion, to reject the Application. The CDFI
Fund reserves the right to change its eligibility and evaluation
criteria and procedures, if the CDFI Fund deems it appropriate. If the
changes materially affect the CDFI Fund's award decisions, the CDFI
Fund will provide information about the changes through its website.
The CDFI Fund's award decisions are final, and there is no right to
appeal decisions.
D. External Non-CDFI Fund Reviewers: All external non-CDFI Fund
reviewers are selected based on criteria that includes a professional
background in community and economic development finance, and
experience reviewing the financial statements of all CDFI institution
types. Reviewers must complete the CDFI Fund's conflict of interest
process and be approved by the CDFI Fund. The CDFI Fund's Application
reader conflict of interest policy is located on the CDFI Fund's
website.
VI. Federal Award Administration Information
A. Award Notification: Each successful Applicant will receive an
email ``notice of award'' notification from the CDFI Fund stating that
its Application has been approved for an award. Each Applicant not
selected for an award will receive an email stating that a debriefing
notice has been provided in its AMIS account.
B. Assistance Agreement: Each Applicant selected to receive an
award must enter into an Assistance Agreement with the CDFI Fund in
order to receive a payment(s). The Assistance Agreement will set forth
the award's terms and conditions, including but not be limited to the:
(i) Award amount; (ii) award type; (iii) award uses; (iv) eligible use
of funds; (v) PG&Ms; and (vi) reporting requirements. FA Assistance
Agreements have three-year Periods of Performance. TA Assistance
Agreements have two-year Periods of Performance for Certified CDFIs,
three-year Periods of Performance for Emerging CDFIs, and four-year
Periods of Performance for Sponsoring Entity Recipients. Upon creation
of the Emerging CDFI, the Sponsoring Entity must request the CDFI Fund
to amend the Assistance Agreement and add the Emerging CDFI as a party
thereto. The Emerging CDFI, as co-Recipient, will be subject to all of
the terms and conditions of the Assistance Agreement, including all
PG&Ms.
1. Certificate of Good Standing: All FA and TA Recipients that are
not Regulated Institutions will be required to provide the CDFI Fund
with a certificate of good standing from the secretary of state for the
Recipient's jurisdiction of formation prior to closing. This
certificate can often be acquired online on the secretary of state
website for the Recipient's jurisdiction of formation and must
generally be dated within 180 days prior to the Federal Award Date of
the Assistance Agreement. Due to potential backlogs in state government
offices, Applicants are advised to submit requests for certificates of
good standing no later than 60 days after they submit their
Applications.
2. Closing: Pursuant to the Assistance Agreement, there will be an
initial closing at which point the Assistance Agreement and related
documents will be properly executed and delivered, and an initial
payment of FA or TA may be made. The first payment is the estimated
amount of the award that the Recipient states in its Application that
it will use for eligible FA or TA activities in the first 12 months
after the award announcement. The CDFI Fund reserves the right to
increase the first payment amount on any award to ensure that any
subsequent payments are at least $25,000 for FA and $5,000 for TA
awards.
The CDFI Fund will minimize the time between the Recipient
incurring costs for eligible activities and award payment(s) in
accordance with the Uniform Requirements. Advanced payments for
eligible activities will occur no more than one year in advance of the
Recipient incurring costs for the eligible activities. Following the
initial closing, there may be subsequent closings involving additional
award payments. Any documentation in addition to the Assistance
Agreement that is connected with such subsequent closings and payments
shall be properly executed and timely delivered by the Recipient to the
CDFI Fund.
3. Requirements Prior to Entering into an Assistance Agreement: If,
prior to entering into an Assistance Agreement, information (including
administrative errors) comes to the CDFI Fund's attention that:
Adversely affects the Recipient's eligibility for an award; adversely
affects the Recipient's certification as a CDFI (to the extent that the
award is conditional upon CDFI certification); adversely affects the
CDFI Fund's evaluation of the Application; indicates that the Recipient
is not in compliance with any requirement listed in the Uniform
Requirements; indicates that the Recipient is not in compliance with a
term or condition of any prior award from the CDFI Fund; indicates the
Recipient has failed to execute and return a prior round Assistance
Agreement to the CDFI Fund within the CDFI Fund's deadlines; or
indicates fraud or mismanagement on the Recipient's part, the CDFI Fund
may, in its discretion and without advance notice to the Recipient,
terminate the award or take such other actions as it deems appropriate.
The CDFI Fund reserves the right, in its sole discretion, to rescind an
award if the Recipient fails to return the Assistance Agreement, signed
by the Authorized Representative of the Recipient, and/or provide the
CDFI Fund with any requested documentation, within the CDFI Fund's
deadlines.
In addition, the CDFI Fund reserves the right, in its sole
discretion, to terminate and rescind the Assistance Agreement and the
award made under this NOFA pending the criteria described in the
following table:
BILLING CODE 4810-70-P
[[Page 8133]]
[GRAPHIC] [TIFF OMITTED] TN11FE22.020
[[Page 8134]]
[GRAPHIC] [TIFF OMITTED] TN11FE22.021
[[Page 8135]]
C. Reporting
1. Reporting requirements: On an annual basis during the Period of
Performance, the CDFI Fund may collect information from each Recipient
including, but not limited to, an Annual Report with the following
components (Annual Reporting Requirements):
[GRAPHIC] [TIFF OMITTED] TN11FE22.022
[[Page 8136]]
[GRAPHIC] [TIFF OMITTED] TN11FE22.023
BILLING CODE 4810-70-C
Each Recipient is responsible for the timely and complete
submission of the Annual Reporting Requirements. Sponsoring Entities
with co-Recipients will be informed of any changes to reporting
obligations at the time the Emerging CDFI is joined to the Assistance
Agreement. The CDFI Fund reserves the right to contact the Recipient
and additional entities or signatories to the Assistance Agreement to
request additional information and/or documentation. The CDFI Fund will
use such information to monitor each Recipient's compliance with the
[[Page 8137]]
requirements of the Assistance Agreement and to assess the impact of
the NACA Program. The CDFI Fund reserves the right, in its sole
discretion, to modify these reporting requirements, including
increasing the scope and frequency of reporting, if it determines it to
be appropriate and necessary; however, such reporting requirements will
be modified only after notice to Recipients.
2. Financial Management and Accounting: The CDFI Fund will require
Recipients to maintain financial management and accounting systems that
comply with Federal statutes, regulations, and the terms and conditions
of the Federal award. These systems must be sufficient to permit the
preparation of reports required by the CDFI Fund to ensure compliance
with the terms and conditions of the NACA Program, including the
tracing of funds to a level of expenditures adequate to establish that
such funds have been used in accordance with Federal statutes,
regulations, and the terms and conditions of the Federal award.
The cost principles used by Recipients must be consistent with
Federal cost principles and support the accumulation of costs as
required by the principles, and must provide for adequate documentation
to support costs charged to the NACA Program award. In addition, the
CDFI Fund will require Recipients to: Maintain effective internal
controls; comply with applicable statutes, regulations, and the
Assistance Agreement; evaluate and monitor compliance; take appropriate
action when not in compliance; and safeguard personally identifiable
information.
VII. Agency Contacts
A. The CDFI Fund will respond to questions concerning this NOFA and
the Application between the hours of 9:00 a.m. and 5:00 p.m. Eastern
Time, starting on the date that the NOFA is published through the date
listed in Table 1 and Table 12. The CDFI Fund strongly recommends
Applicants submit questions to the CDFI Fund via an AMIS Service
Request to the NACA Program, Office of Compliance Monitoring and
Evaluation, Office of Certification Policy and Evaluation, or IT Help
Desk. The CDFI Fund will post on its website responses to reoccurring
questions received about the NOFA and Application. Other information
regarding the CDFI Fund and its programs may be obtained from the CDFI
Fund's website at <a href="http://www.cdfifund.gov">http://www.cdfifund.gov</a>. Table 20 lists CDFI Fund
contact information:
Table 20--Contact Information
----------------------------------------------------------------------------------------------------------------
Telephone number (not
Type of question Preferred method toll free) Email addresses
----------------------------------------------------------------------------------------------------------------
NACA Program......................... Service Request via 202-653-0421, option 1. <a href="/cdn-cgi/l/email-protection#f09394969998959c80b093949699de8482959183de979f86"><span class="__cf_email__" data-cfemail="600304060908050c1020030406094e14120501134e070f16">[email protected]</span></a>
AMIS. .
CME.................................. Service Request via 202-653-0423........... c<a href="/cdn-cgi/l/email-protection#e7848a82a78483818ec99395828694c9808891"><span class="__cf_email__" data-cfemail="ee8d838bae8d8a8887c09a9c8b8f9dc0898198">[email protected]</span></a>.
AMIS.
CPE.................................. Service Request via 202-653-0423........... c<a href="/cdn-cgi/l/email-protection#f99a949cb99a9d9f90d78d8b9c988ad79e968f"><span class="__cf_email__" data-cfemail="35565850755651535c1b41475054461b525a43">[email protected]</span></a>.
AMIS.
AMIS--IT Help Desk................... Service Request via 202-653-0422........... <a href="/cdn-cgi/l/email-protection#16575b5f45567572707f38626473776538717960"><span class="__cf_email__" data-cfemail="ebaaa6a2b8ab888f8d82c59f998e8a98c58c849d">[email protected]</span></a>.
AMIS.
----------------------------------------------------------------------------------------------------------------
B. Information Technology Support: For IT assistance, the preferred
method of contact is to submit a Service Request within AMIS. For the
Service Request, select ``Technical Issues'' from the Program dropdown
menu of the Service Request. People who have visual or mobility
impairments that prevent them from using the CDFI Fund's website should
call (202) 653-0422 for assistance (this is not a toll free number).
C. Communication with the CDFI Fund: The CDFI Fund will use the
contact information in AMIS to communicate with Applicants and
Recipients. It is imperative, therefore, that Applicants, Recipients,
Subsidiaries, Affiliates, and signatories maintain accurate contact
information in their accounts. This includes information such as
contact names (especially for the Authorized Representative), email
addresses, fax and phone numbers, and office locations.
D. Civil Rights and Diversity: Any person who is eligible to
receive benefits or services from the CDFI Fund or Recipients under any
of its programs is entitled to those benefits or services without being
subject to prohibited discrimination. The Department of the Treasury's
Office of Civil Rights and Diversity enforces various Federal statutes
and regulations that prohibit discrimination in financially assisted
and conducted programs and activities of the CDFI Fund. If a person
believes that s/he has been subjected to discrimination and/or reprisal
because of membership in a protected group, s/he may file a complaint
with: Associate Chief Human Capital Officer, Office of Civil Rights,
and Diversity, 1500 Pennsylvania Ave NW, Washington, DC 20220 or (202)
622-1160 (not a toll-free number).
E. Statutory and National Policy Requirements: The CDFI Fund will
manage and administer the Federal award in a manner so as to ensure
that Federal funding is expended and associated programs are
implemented in full accordance with the U.S. Constitution, Federal Law,
statutory, and public policy requirements: Including but not limited
to, those protecting free speech, religious liberty, public welfare,
the environment, and prohibiting discrimination.
VIII. Other Information
A. Paperwork Reduction Act: Under the Paperwork Reduction Act (44
U.S.C. chapter 35), an agency may not conduct or sponsor a collection
of information, and an individual is not required to respond to a
collection of information, unless it displays a valid OMB control
number. If applicable, the CDFI Fund may inform Applicants that they do
not need to provide certain Application information otherwise required.
Pursuant to the Paperwork Reduction Act, the CDFI Program, and NACA
Program Application has been assigned the following control number:
1559-0021 inclusive of PPC-FA, DF-FA, and HFFI-FA.
B. Application Information Sessions: The CDFI Fund may conduct
webinars or host information sessions for organizations that are
considering applying to, or are interested in learning about, the CDFI
Fund's programs. For further information, visit the CDFI Fund's website
at <a href="http://www.cdfifund.gov">http://www.cdfifund.gov</a>.
(Authority: 12 U.S.C. 4701, et seq; 12 CFR parts 1805 and 1815; 2
CFR part 200.)
Jodie L. Harris,
Director, Community Development Financial Institutions Fund.
[FR Doc. 2022-02899 Filed 2-10-22; 8:45 am]
BILLING CODE 4810-70-P
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</html>This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.