CDFI Fund: Important Reminders for FY 2021 CDFI Rapid Response Program, CDFI Program, and NACA Program Round Applicants
As a reminder for fiscal year (FY) 2021 Community Development Financial Institutions Program (CDFI Program), Native American CDFI Assistance Program (NACA Program), and CDFI Rapid Response Program (CDFI RRP) Applicants, the deadline for online submission of the SF-424 through Grants.gov for all three funding rounds is March 22, 2021 at 11:59 PM ET. Organizations applying for funds…
CDFI Fund: Change in Deadline for Annual Certification and Data Collection and Compliance Reports
The Community Development Financial Institutions Fund (CDFI Fund) is extending the deadline to submit Annual Certification and Data Collection Reports (ACRs) and compliance reports for organizations with an upcoming reporting deadline between March 28 and 31, 2021. The new deadline to submit these reports is April 30, 2021. The ACR and compliance report submission deadline is…
HUD: More Than $652 Million Awarded for Affordable Housing Activities in Native American Communities
Funds support development and operation of low-income housing Today, the U.S. Department of Housing and Urban Development (HUD) announced more than $652 million in Indian Housing Block Grant (IHBG) formula funding for eligible Native American Tribes and Tribally Designated Housing Entities (TDHEs) to carry out affordable housing activities in tribal communities. View a complete list of nearly 600…
CDFI Fund: Applications Open for COVID-19 Stimulus Funds Under CDFI Rapid Response Program
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2021 funding round for the CDFI Rapid Response Program (CDFI RRP) today. The program will provide $1.25 billion, authorized by the Coronavirus Response and Relief Supplemental Appropriations Act of 2021 (P.L. 116-260), to Community Development Financial Institutions…
CDFI Fund: FY 2021 CDFI Program and NACA Program Application Round Opened
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2021 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) today. The awards from these programs will support Community Development Financial Institutions (CDFIs) that provide affordable financing…
HUD: First Week Swift Actions to Support Homeowners and Tackle Nation’s Housing Crisis
In the first week of the Biden Administration, the Department of Housing and Urban Development (HUD) took swift action to address immediate housing needs during the COVID-19 pandemic while laying the groundwork to address the nation’s larger, systemic housing challenges and restore sound management to the department. “HUD and the new administration are quickly addressing…
HUD: $10 Million in Capacity Building Grants for Rural America Announced
Grants help national non-profits build capacity to create affordable housing and stimulate community development in rural areas The U.S. Department of Housing and Urban Development (HUD) today awarded $10 million in capacity-building grants to five national non-profit organizations which will, in turn, fund rural housing development organizations, Community Development Corporations (CDCs), Community Housing Development Organizations…
EDA: $1.49 Million in CARES Act Recovery Assistance Invested to Expand Healthcare Delivery Capacity on Coquille Indian Tribe’s Kilkich Reservation
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.49 million CARES Act Recovery Assistance grant to the Coquille Indian Tribe, North Bend, Oregon, to purchase equipment and supplies needed to expand patient capacity and respond to the coronavirus pandemic through the Ko-Kwel Wellness Center, currently…
CDFI Fund: Upcoming Webinar Scheduled on Preparing for the FY 2021 CDFI and NACA Program Application Round
It’s never too early to start getting ready for the next application round! The Community Development Financial Institutions Fund (CDFI Fund) is tentatively planning to open the fiscal year (FY) 2021 Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) application round in early 2021. To help your organization…
Federal Reserve: Speech by Governor Brainard on Modernizing and Strengthening CRA Regulations
At the National Congress of American Indians 77th Annual Convention & Marketplace (via webcast) Good afternoon and thank you to President Fawn Sharp and Kevin Allis of the National Congress of American Indians (NCAI) for inviting me to join your discussion.1 As the oldest and largest American Indian and Alaska Native organization serving the broad interests…