Amendment of Notice of Funds Availability for Community Development Financial Institutions Program; Revised Application Submission Deadline
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Abstract
The Community Development Financial Institutions Fund (CDFI Fund) is amending its Notice of Funds Availability (NOFA) inviting Applications for Financial Assistance (FA) or Technical Assistance (TA) awards for the CDFI Program, which was published in the Federal Register on January 17, 2025. These amendments promote consistency with recent court decisions regarding race-based preferences and reflect the current Administration's priorities, as reflected in the President's executive orders. Applicants that submitted an Application under the NOFA do not need to withdraw or reapply. The amendments in this notice do not affect steps 1 through 3 of the CDFI Fund's scoring/evaluation process. Applicants that submitted an Application under the NOFA and that advanced to step 4 in the scoring/evaluation process, as described in the NOFA, will be notified by the CDFI Fund and given an opportunity to update their Applications based on the amendments described in this notice.
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<title>Federal Register, Volume 90 Issue 184 (Thursday, September 25, 2025)</title>
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[Federal Register Volume 90, Number 184 (Thursday, September 25, 2025)]
[Notices]
[Pages 46303-46304]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-18559]
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DEPARTMENT OF THE TREASURY
Community Development Financial Institutions Fund
Amendment of Notice of Funds Availability for Community
Development Financial Institutions Program; Revised Application
Submission Deadline
AGENCY: Community Development Financial Institutions Fund, Department
of the Treasury.
ACTION: Notice, amendment, revised submission deadline.
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SUMMARY: The Community Development Financial Institutions Fund (CDFI
Fund) is amending its Notice of Funds Availability (NOFA) inviting
Applications for Financial Assistance (FA) or Technical Assistance (TA)
awards for the CDFI Program, which was published in the Federal
Register on January 17, 2025. These amendments promote consistency with
recent court decisions regarding race-based preferences and reflect the
current Administration's priorities, as reflected in the President's
executive orders. Applicants that submitted an Application under the
NOFA do not need to withdraw or reapply. The amendments in this notice
do not affect steps 1 through 3 of the CDFI Fund's scoring/evaluation
process. Applicants that submitted an Application under the NOFA and
that advanced to step 4 in the scoring/evaluation process, as described
in the NOFA, will be notified by the CDFI Fund and given an opportunity
to update their Applications based on the amendments described in this
notice.
DATES: Applicants that are notified by the CDFI Fund that they may
update their previous Applications under the NOFA must submit such
information by 11:59 p.m. Eastern Time on October 27, 2025.
FOR FURTHER INFORMATION CONTACT: Applicants should submit any
questions to the CDFI Fund via an AMIS service request to the CDFI
Program. The CDFI Fund will post on its website responses to
reoccurring questions received about this notice. Other information
regarding the CDFI Fund may be obtained from the CDFI Fund's website at
<a href="https://www.cdfifund.gov">https://www.cdfifund.gov</a>.
SUPPLEMENTARY INFORMATION:
A. Overview
On January 17, 2025, the CDFI Fund published in the Federal
Register (90 FR 6051) a Notice of Funds Availability (the NOFA)
inviting Applicants (as defined in the NOFA) to apply for the fiscal
year 2025 funding round for the Community Development Financial
Institutions Program (CDFI Program). The CDFI Fund is amending the NOFA
to promote consistency with recent court decisions regarding race-based
preferences and to reflect certain priorities of the current
Administration.
B. Amendments
1. The first sentence of Section II.C.1 of the NOFA includes
``Climate-Focused Financing'' in the list of eligible activities for
awards under the NOFA. The CDFI Fund is amending this list to remove
the reference to ``Climate-Focused Financing.''
2. The NOFA defines ``Eligible Market'' to include, among other
things, individuals that are African American, Hispanic, Other Pacific
Islander, Filipino, or Vietnamese. The CDFI Fund is removing these
portions of the definition. As a result, the fifth sentence of Section
II.C.1 of the NOFA, which provides the definition of ``Eligible
Market,'' is amended to read as follows: ``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, Native
American, Native Hawaiian, Alaska Native, or Persons with
Disabilities.''
1. The NOFA defines ``Healthy Foods'' for purposes of the Healthy
Foods Financing Initiative--Financial Assistance program. The CDFI Fund
is amending that definition to align it with the policies of the
current Administration. Accordingly, in Section II.C.3 of the NOFA, the
definition of
[[Page 46304]]
``Healthy Foods'' is amended to read as follows:
Healthy Foods: Healthy Foods include nutrient-dense foods and
beverages consistent with Executive Order 14212, ``Establishing the
President's Make America Healthy Again Commission,'' and the USDA
Dietary Guidelines for Americans 2020-2025, including fresh, frozen, or
canned whole fruits and vegetables, whole grains, foods low in
saturated fats, lean meats, and poultry. Healthy Foods should have low
or no added sugars, artificial food dyes, chemical additives, or
pesticides; have less sodium, reduced sodium, or no salt added; and not
be ultra-processed. (See USDA Dietary Guidelines: <a href="https://www.dietaryguidelines.gov">https://www.dietaryguidelines.gov</a>).
C. Guidance to Applicants
Applicants that have already submitted an Application (as defined
in the NOFA) under the NOFA do not need to withdraw or reapply. The
CDFI Fund will provide Applicants under the NOFA that have advanced to
step 4 in the scoring/evaluation process the opportunity to update
their Applications based on the amendments described in this notice.
The CDFI Fund will provide those Applicants with instructions on how to
update their Applications in a separate communication. Applicants that
are notified by the CDFI Fund that they may update their Applications
must submit such information by 11:59 p.m. Eastern Time on October 27,
2025. The CDFI Fund will review Applications in accordance with the
NOFA, as amended by this notice. All terms of the NOFA remain as
published on January 17, 2025, other than as set forth in this notice.
Dated: September 22, 2025.
Dietrich Douglas,
Acting Director, Community Development Financial Institutions Fund.
[FR Doc. 2025-18559 Filed 9-24-25; 8:45 am]
BILLING CODE 4810-05-P
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