Funding Opportunity: Community Development Financial Institutions Fund
Primary source
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Issuing agencies
Abstract
On June 24, 2022, the Community Development Financial Institutions Fund (CDFI Fund) published a Notice of Funds Availability (NOFA) for grants under the CDFI Equitable Recovery Program (CDFI ERP) in the Federal Register (87 FR 37912, June 24, 2022) announcing the availability of approximately $1.73 billion in grants, pursuant to Sec. 523 (Section 523) of Division N of the Consolidated Appropriations Act, 2021 (Pub. L. 116-260). The CDFI Fund is issuing this notice to amend the below six deadlines contained within the NOFA. The revised deadlines are listed in Table A.
Full Text
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<title>Federal Register, Volume 87 Issue 137 (Tuesday, July 19, 2022)</title>
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[Federal Register Volume 87, Number 137 (Tuesday, July 19, 2022)]
[Notices]
[Pages 43109-43110]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-15357]
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DEPARTMENT OF THE TREASURY
Community Development Financial Institutions Fund
Funding Opportunity: Community Development Financial Institutions
Fund
Funding Opportunity Title: Change to Notice of Funds Availability
(NOFA) inviting Applications for grants under the CDFI Equitable
Recovery Program (CDFI ERP).
Announcement Type: Change of Application deadline and other key
deadlines; technical correction related to eligibility requirements.
Catalog of Federal Domestic Assistance (CFDA) Number: 21.033.
Executive Summary: On June 24, 2022, the Community Development
Financial Institutions Fund (CDFI Fund) published a Notice of Funds
Availability (NOFA) for grants under the CDFI Equitable Recovery
Program (CDFI ERP) in the Federal Register (87 FR 37912, June 24, 2022)
announcing the availability of approximately $1.73 billion in grants,
pursuant to Sec. 523 (Section 523) of Division N of the Consolidated
Appropriations Act, 2021 (Pub. L. 116-260). The CDFI Fund is issuing
this notice to amend the below six deadlines contained within the NOFA.
The revised deadlines are listed in Table A.
Table A--Revised Deadlines for CDFI ERP Applicants
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Description Original deadline Revised deadline
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Submit OMB Standard Form-424 11:59 p.m. Eastern 11:59 p.m. ET on
Mandatory (Application for Time (ET) on July August 18, 2022.
Federal Assistance) (SF-424). 26, 2022.
Enter Employer Identification 11:59 p.m. ET on 11:59 p.m. ET on
Number (EIN) and Unique Entity July 26, 2022. August 18, 2022.
Identifier (UEI) numbers in
AMIS.
Last day to contact CDFI Fund 5:00 p.m. ET on 5:00 p.m. ET on
with questions about the CDFI August 19, 2022. September 20,
ERP. 2022.
Last day to contact CDFI Fund 5:00 p.m. ET on 5:00 p.m. ET on
with questions about Compliance August 19, 2022. September 20,
or CDFI Certification. 2022.
Last day to contact AMIS-IT Help 5:00 p.m. ET on 5:00 p.m. ET on
Desk (regarding AMIS technical August 23, 2022. September 22,
problems only). 2022.
Submit complete CDFI ERP 11:59 p.m. ET on 11:59 p.m. ET on
Application Package. August 23, 2022. September 22,
2022.
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All other deadlines shall remain in accordance with the NOFA
published on June 24, 2022.
Additionally, the CDFI Fund is issuing a technical correction to
one of the eligibility requirements outlined in Table 3 of the NOFA
published on June 24, 2022. The NOFA requires that each ``Applicant has
audited financial statements encompassing its two most recent historic
fiscal years prior to the publication date of this NOFA.'' The CDFI
Fund adds the following clarification to this requirement:
If, for any reason, the audit for the Applicant's most recent
historic fiscal year is not complete as of the due date of the AMIS
Application, the Applicant must have audited financial statements for
its two historic fiscal years prior to the most recent historic fiscal
year. A Regulated Institution that files call reports to its regulator
is exempt from the requirement to have audits.
To correspond with this correction, Table 4 in the NOFA, outlining
required Application documents and attachments, is edited to reflect
which attachments are required. For loan funds, venture funds, and
other non-regulated institutions, if the audit for the Applicant's most
recent historic fiscal year is not complete as of the due date of the
AMIS Application, the Applicant should attach audited financial
statements encompassing its
[[Page 43110]]
two historic fiscal years prior to the most recent historic fiscal
year.
Capitalized terms used but not defined in the NOFA are defined in
the Regulations, the Application, the Application Materials, or the
Uniform Requirements. All other information and requirements set forth
in the NOFA published on June 24, 2022, shall remain effective, as
published.
I. Agency Contacts
A. General information and CDFI Fund support: The CDFI Fund will
respond to questions concerning the 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 was published through the dates listed in this notice.
The CDFI Fund strongly recommends Applicants submit questions to the
CDFI Fund via an AMIS service request for the CDFI ERP, Office of
Certification Evaluation and Policy, the Office of Compliance
Monitoring and Evaluation, or IT Help Desk. The CDFI Fund will post on
its website information to clarify 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>.
B. The CDFI Fund's contact information is as follows:
Table B--Contact Information
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Telephone No.
Type of question Preferred method (not toll Email addresses
free)
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CDFI ERP Questions...................... Service Request via AMIS.. 202-653-0421 <a href="/cdn-cgi/l/email-protection#b4d1c6c4f4d7d0d2dd9ac0c6d1d5c79ad3dbc2"><span class="__cf_email__" data-cfemail="3a5f484a7a595e5c53144e485f5b49145d554c">[email protected]</span></a>.
CDFI Certification...................... Service Request via AMIS.. 202-653-0423 <a href="/cdn-cgi/l/email-protection#385b5b555d785b5c5e51164c4a5d594b165f574e"><span class="__cf_email__" data-cfemail="abc8c8c6ceebc8cfcdc285dfd9cecad885ccc4dd">[email protected]</span></a>.
Compliance Monitoring and Evaluation.... Service Request via AMIS.. 202-653-0423 <a href="/cdn-cgi/l/email-protection#f093939d95b093949699de8482959183de979f86"><span class="__cf_email__" data-cfemail="f695959b93b69592909fd88284939785d8919980">[email protected]</span></a>.
AMIS--IT Help Desk...................... Service Request via AMIS.. 202-653-0422 <a href="/cdn-cgi/l/email-protection#2564686c76654641434c0b51574044560b424a53"><span class="__cf_email__" data-cfemail="0f4e42465c4f6c6b6966217b7d6a6e7c21686079">[email protected]</span></a>.
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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. For more
information about AMIS, please see the AMIS Landing Page at <a href="https://amis.cdfifund.gov">https://amis.cdfifund.gov</a>.
Authority: Pub L. 116-260; 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. 2022-15357 Filed 7-14-22; 11:15 am]
BILLING CODE 4810-05-P
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