CDFI-2024-FATA: Fiscal Year 2024 CDFI Program
Closed
This grant is closed. Who won this program's grants before is below, and similar open grants are at the end of the page. It is in our archive of Community Development Financial Institutions notices from 2023.
Community Development Financial Institutions offered grants of up to $2.0 million (at least $10,000) to the applicants described in the notice. It expected to make about 440 awards worth $412 million in total. Applications closed on January 16, 2024.
From the official notice on Grants.gov, last changed December 5, 2023. Checked November 7, 2026.
- Award ceiling$2.0 million
- Award floor$10,000
- Total funding$412 million
- Expected awards440
- Cost sharingRequired
- Funding typeGrant
Other notices with this title
| Notice | Posted | Deadline | Status |
|---|---|---|---|
| CDFI-2025-FATA | January 16, 2025 | Closed February 18, 2025 | Closed |
| CDFI-2022-FATA | February 10, 2022 | Closed March 14, 2022 | Closed |
| CDFI-2021-FATA | February 18, 2021 | Closed March 22, 2021 | Closed |
Key dates
| Posted | December 8, 2023 |
|---|---|
| Deadline | January 16, 2024 |
| Archived by Grants.gov | February 15, 2024 |
Who can apply
This opportunity was open to the applicants described in the notice.
- Others (see text field entitled "Additional Information on Eligibility" for clarification)
Eligibility requirements for the Financial Assistance and Technical Assistance components of the FY 2024 CDFI Program can be found in the FY 2024 Notice of Funds Availability (NOFA).
Is this a realistic fit?
- Past Community Development Financial Institutions Program awards averaged $544,792; this notice allows up to $2.0 million per award.
- Most of the program's money (71% over five years) went to nonprofits.
- The notice requires cost sharing or matching funds, so you must contribute part of the project cost.
What the grant funds
Through the CDFI Program, the CDFI Fund provides (i) Base-FA awards of up to $2 million to Certified Community Development Financial Institutions (CDFIs) to build their financial capacity to lend to their Eligible Markets and/or Target Markets, and (ii) TA grants of up to $300,000 to build Certified and Emerging CDFIs’ organizational capacity to serve their Eligible Markets and/or Target Markets. For more detailed information, please refer to the NOFA found on the CDFI Fund’s website.
Who has won Community Development Financial Institutions Program grants before
From fiscal 2021 to 2025, Community Development Financial Institutions Program (21.020) awarded $807 million across 1,482 grant awards, an average of $544,792 per award.
| Recipient | State | Awards | Amount |
|---|---|---|---|
| The Reinvestment Fund, Inc. | Pennsylvania | 6 | $14.0 million |
| Community First Fund | Pennsylvania | 6 | $13.8 million |
| Local Initiatives Support Corporation | New York | 6 | $13.1 million |
| Capital Impact Partners | Virginia | 4 | $12.9 million |
| Ozarks Heritage Financial Group, Inc. | Missouri | 4 | $12.6 million |
Applying now
This notice no longer takes applications. Agencies often post the same opportunity again under a new number, so check the program's notices on Grants.gov and the similar open grants below.
The notice on Grants.gov keeps its full text and attachments, which is useful for planning a resubmission.
Questions people ask
Is CDFI-2024-FATA still open?
No. It closed on January 16, 2024.
Who can apply for Fiscal Year 2024 CDFI Program?
Community Development Financial Institutions accepted applications from the applicants described in the notice. The notice adds further conditions, so read its eligibility section.
What is the deadline for Fiscal Year 2024 CDFI Program?
Closed January 16, 2024. Applications are no longer accepted; the program's newer notices are on this page when there are any.
How much funding is available?
Awards of up to $2.0 million each. About $412 million in total across about 440 awards.
Who has won Community Development Financial Institutions Program grants before?
The largest recipients over five fiscal years were The Reinvestment Fund, Inc., Community First Fund, Local Initiatives Support Corporation. The program made 1,482 awards worth $807 million in that time.
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