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Grants / Department of the Treasury / Community Development Financial Institutions

CDFI-2024-SDL: Fiscal Year 2024 Small Dollar Loan Program

Closed Closed November 20, 2023 Opportunity CDFI-2024-SDL

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 $500,000 (at least $20,000) to the applicants described in the notice. It expected to make about 70 awards worth $18.0 million in total. Applications closed on November 20, 2023.

From the official notice on Grants.gov, last changed October 13, 2023. Checked November 7, 2026.

Other notices with this title

Community Development Financial Institutions has posted this title under other numbers: earlier or later rounds, or the same competition for another area. Each has its own dates and may change its rules.

NoticePostedDeadlineStatus
CDFI-2026-SDLJune 30, 2026Closed July 23, 2026Closed
CDFI-2022-SDLMay 16, 2022Closed June 15, 2022Closed
CDFI-2021-SDLApril 28, 2021Closed June 29, 2021Closed

Key dates

PostedOctober 20, 2023
DeadlineNovember 20, 2023
Archived by Grants.govDecember 20, 2023

Who can apply

This opportunity was open to the applicants described in the notice.

Applicants must be Certified Community Development Financial Institutions (CDFIs).

Is this a realistic fit?

What the grant funds

Through the Small Dollar Loan Program (SDL Program), the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awards grants to Certified CDFIs to establish and expand small dollar loan programs and provide alternatives to high-cost small dollar loans. Certified CDFIs will use award funds to help unbanked and underbanked populations build credit, access affordable capital, and allow greater access into the mainstream financial system.

Category: Community Development.

Who has won Small Dollar Loan Program grants before

From fiscal 2021 to 2025, Small Dollar Loan Program (21.025) awarded $39.2 million across 178 grant awards, an average of $220,247 per award.

Largest recipients, fiscal 2021 to 2025
RecipientStateAwardsAmount
University Financial Corp, GBC DBA Sunrise BanksMinnesota3$935,211
Great Rivers Community Capital, Inc.Missouri2$797,763
Cani's Center for Community and Economic Development, Inc.Indiana2$663,223
Seattle Metropolitan Credit UnionWashington2$663,223
Checkspring Community CorporationNew York3$661,802

Top states: Puerto Rico ($5.3 million), California ($3.2 million), New York ($2.8 million), Arkansas ($2.1 million), Florida ($1.8 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-SDL still open?

No. It closed on November 20, 2023.

Who can apply for Fiscal Year 2024 Small Dollar Loan 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 Small Dollar Loan Program?

Closed November 20, 2023. 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 $500,000 each. About $18.0 million in total across about 70 awards.

Who has won Small Dollar Loan Program grants before?

The largest recipients over five fiscal years were University Financial Corp, GBC DBA Sunrise Banks, Great Rivers Community Capital, Inc., Cani's Center for Community and Economic Development, Inc. The program made 178 awards worth $39.2 million in that time.

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