CDFI Fund: Public Comments Requested for CDFI Program and NACA Program Applications

The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). Currently, the Community Development Financial Institutions Fund (CDFI Fund), U.S. Department of the Treasury, is soliciting comments on the Community Development Financial Institutions Program (CDFI Program) and the Native American CDFI Assistance Program (NACA Program) Financial Assistance and Technical Assistance Applications for the fiscal years (FY) 2017-2019 funding rounds.

Through the CDFI Program and NACA Program’s Financial Assistance awards and Technical Assistance grants, the CDFI Fund invests in and builds the capacity of for-profit and nonprofit community based lending organizations known as Community Development Financial Institutions (CDFIs).

CDFI Program and NACA Program award recipients will be competitively selected after the CDFI Fund’s careful review of their applications. The proposed Financial Assistance Application requires the submission of quantitative and qualitative information about the Applicant’s Business Strategy, Products and Services, Market and Competitive Analysis, Management and Staffing, Financial Position, and Growth and Financial Projections. The proposed Technical Assistance Application requires the submission of quantitative and qualitative information about CDFI Certification Qualifications, an Organizational Overview, and Use of Funds.

The CDFI Fund is seeking input on the content of the FY 2017-2019 CDFI Program and NACA Program Financial Assistance and Technical Assistance Applications. Please review the Federal Register notice for a complete list of questions available for comment.

Comments must be submitted in writing by 60 days after the date of publication of the Federal Register notice to Amber Bell, CDFI Program and NACA Program Manager, CDFI Fund, U.S. Department of the Treasury, at cdfihelp@cdfi.treas.gov.

The CDFI Fund tentatively plans to open the FY 2017 funding round in the first quarter of FY 2017.

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