# Fiscal Year 2024 NACA Program

Source: https://welltoldgrants.com/grants/cdfi-2024-naca-fiscal-year-2024-naca-program/  
Official notice: https://www.grants.gov/search-results-detail/351278

> 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 40 awards worth $50.0 million in total. Applications closed on January 16, 2024.

| Field | Value |
|---|---|
| Opportunity number | CDFI-2024-NACA |
| Agency | Community Development Financial Institutions |
| Status | Forecast |
| Deadline | January 16, 2024 |
| Award ceiling | $2.0 million |
| Award floor | $10,000 |
| Expected awards | 40 |
| Total funding | $50.0 million |
| Cost sharing | not required |
| Assistance Listings | 21.012 |

## Who can apply

- Others (see text field entitled "Additional Information on Eligibility" for clarification)

Eligibility requirements for the Financial Assistance (FA) and Technical Assistance (TA) components of the FY 2024 NACA Program can be found in the FY 2024 Notice of Funds Availability (NOFA).

## What the grant funds

Through the Native American CDFI Assistance Program (NACA Program), the CDFI Fund provides (i) Base-FA awards of up to $2 million to Certified, Native CDFIs to build their financial capacity to lend to their Eligible Markets and/or Target Markets and (ii) TA grants of up to $400,000 to entities that are, will become, or will create a Native CDFI. For more detailed information, please refer to the Notice of Funds Availability (NOFA) found on the CDFI Fund’s website.

## Questions people ask

### Is CDFI-2024-NACA still open?

No. It closed on January 16, 2024.

### Who can apply for Fiscal Year 2024 NACA 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 NACA 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 $50.0 million in total across about 40 awards.

### Who has won Native Initiatives grants before?

The largest recipients over five fiscal years were Indian Land Capital Company LLC, Akiptan, Inc., The Native American Bancorporation CO. The program made 112 awards worth $90.2 million in that time.