Federal Register / Vol. 83, No. 141 / Monday, July 23, 2018 / Notices 34913 

Transfer for Vehicle Crash Information.’’ 

(83 FR 25112). 

In the interest of allowing for more 

stakeholder feedback, NHTSA is 

extending the comment period for this 

proposed collection by six weeks: 

Written comments must be received on 

or before September 14, 2018. 

Authority: The Paperwork Reduction Act 

of 1995; 44 U.S.C. chapter 35, as amended; 

49 CFR 1.49; and DOT Order 1351.29. 

Terry T. Shelton, 

Associate Administrator, National Center for 

Statistics and Analysis. 

[FR Doc. 2018–15707 Filed 7–20–18; 8:45 am] 

BILLING CODE 4910–59–P 

DEPARTMENT OF THE TREASURY 

Community Development Financial 

Institutions Fund 

Funding Opportunities: Bank 

Enterprise Award Program; 2018 

Funding Round 

Funding Opportunity Title: Notice of 

Funds Availability (NOFA) inviting 

Applications for the Fiscal Year (FY) 

2018 Funding Round of the Bank 

Enterprise Award Program (BEA 

Program). 

Announcement Type: Announcement 

of funding opportunity. 

Funding Opportunity Number: CDFI– 

2018–BEA. 

Catalog of Federal Domestic 

Assistance (CFDA) Number: 21.021. 

Dates: 

TABLE 1—FY 2018 BEA PROGRAM FUNDING ROUND—KEY DATES FOR APPLICANTS

Description Deadline Time 

(eastern time—ET) Contact information 

Grant Application Package/SF–424 Mandatory 

(Application for Federal Assistance). Submission Method: Electronically via 

Grants.gov.

August 23, 2018 ......... 11:59 p.m. .................. Contact Grants.gov at 800–518–4726 or support@grants.gov. 

Last day to contact BEA Program Staff re: 

BEA Program Application materials.

September 18, 2018 .. 5:00 p.m. .................... CDFI Fund BEA Helpdesk: 202–653–0421 or 

BEA Award Management Information System (AMIS) Service Request.1

Last day to contact Certification, Compliance 

Monitoring and Evaluation (CCME) staff.

September 18, 2018 .. 5:00 p.m. .................... CCME Helpdesk: 202–653–0423 or Compliance and Reporting AMIS Service Request.2

Last day to contact IT Help Desk re. AMIS 

support and submission of the FY 2018 

BEA Program Electronic Application in 

AMIS.

September 20, 2018 .. 5:00 p.m. .................... CDFI Fund IT Helpdesk: 202–653–0422 or IT 

AMIS Service Request.3

FY 2018 BEA Program Electronic Application. 

Submission Method: Electronically via AMIS.

September 20, 2018 .. 5:00 p.m. .................... CDFI Fund IT Helpdesk: 202–653–0422 or IT 

AMIS Service Request.4

1For questions regarding completion of the BEA Application materials, the preferred electronic method of contact with the BEA Program Office 

is to submit a Service Request (SR) within AMIS. For the SR, select ‘‘BEA Application’’ for the record type. 2For Compliance and Reporting related questions, the preferred electronic method of contact is to submit a Service Request (SR) within AMIS. 

For the SR, select ‘‘General Inquiry’’ for the record type, and select ‘‘BEA-Compliance & Reporting’’ for the type. 3For Information Technology support, the preferred method of contact is to submit a Service Request (SR) within AMIS. For the SR, select 

‘‘General Inquiry’’ for the record type, and select ‘‘BEA–AMIS technical problem’’ for the type. 4 Ibid. 

Executive Summary: This NOFA is 

issued in connection with the fiscal year 

(FY) 2018 funding round of the Bank 

Enterprise Award Program (BEA 

Program). The BEA Program is 

administered by the U.S. Department of 

the Treasury’s Community Development 

Financial Institutions Fund (CDFI 

Fund). Through the BEA Program, the 

CDFI Fund awards formula-based grants 

to depository institutions that are 

insured by the Federal Deposit 

Insurance Corporation (FDIC) for 

increasing their levels of loans, 

investments, Service Activities, and 

technical assistance within highly 

Distressed Communities, and financial 

assistance to certified Community 

Development Financial Institutions 

(CDFIs) through equity investments, 

equity-like loans, grants, stock 

purchases, loans, deposits, and other 

forms of financial and technical 

assistance, during a specified period. 

I. Program Description 

A. History: The CDFI Fund was 

established by the Riegle Community 

Development and Regulatory 

Improvement Act of 1994 to promote 

economic revitalization and community 

development through investment in and 

assistance to CDFIs. Since its creation in 

1994, the CDFI Fund has awarded more 

than $3 billion to CDFIs, community 

development organizations, and 

financial institutions through the BEA 

Program; the Capital Magnet Fund, the 

Community Development Financial 

Institutions Program (CDFI Program), 

and the Native American CDFI 

Assistance Program (NACA Program). In 

addition, the CDFI Fund has allocated 

$54 billion in tax credit allocation 

authority to Community Development 

Entities through the New Markets Tax 

Credit Program (NMTC Program), and 

guaranteed bonds in the total amount of 

$1.36 billion through the CDFI Bond 

Guarantee Program. 

The BEA Program complements the 

community development activities of 

banks and thrifts (collectively referred 

to as banks for purposes of this NOFA) 

by providing financial incentives to 

expand investments in CDFIs and to 

increase lending, investment, and 

Service Activities within Distressed 

Communities. Providing monetary 

awards to banks for increasing their 

community development activities 

leverages the CDFI Fund’s dollars and 

puts more capital to work in Distressed 

Communities throughout the nation. 

B. Authorizing Statutes and 

Regulations: The BEA Program was 

authorized by the Bank Enterprise 

Award Act of 1991, as amended. The 

regulations governing the BEA Program 

can be found at 12 CFR part 1806 (the 

Interim Rule). The Interim Rule 

provides the evaluation criteria and 


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other requirements of the BEA Program. 

Detailed BEA Program requirements are 

also found in the application materials 

associated with this NOFA (the 

Application). The CDFI Fund 

encourages interested parties and 

Applicants to review the authorizing 

statute, Interim Rule, this NOFA, the 

Application, and the Uniform 

Administrative Requirements, Cost 

Principles, and Audit Requirements for 

Federal Awards (Uniform 

Requirements) for a complete 

understanding of the Program. 

Capitalized terms in this NOFA are 

defined in the authorizing statute, the 

Interim Rule, this NOFA, the 

Application, or the Uniform 

Requirements. Details regarding 

Application content requirements are 

found in the Application and related 

materials. Application materials can be 

found on Grants.gov and the CDFI 

Fund’s website at www.cdfifund.gov/ 

bea. 

C. Uniform Administrative 

Requirements, Cost Principles, and 

Audit Requirements for Federal Awards 

(2 CFR 200): The Uniform 

Administrative Requirements codify 

financial, administrative, procurement, 

and program management standards 

that Federal award-making agencies and 

Recipients must follow. When 

evaluating award applications, awarding 

agencies must evaluate the risks to the 

program posed by each applicant, and 

each applicant’s merits and eligibility. 

These requirements are designed to 

ensure that applicants for Federal 

assistance receive a fair and consistent 

review prior to an award decision. This 

review will assess items such as the 

Applicant’s financial stability, quality of 

management systems, history of 

performance, and audit findings. In 

addition, the Uniform Requirements 

include guidance on audit requirements 

and other award requirements with 

which Recipients must comply. 

D. Priorities: Through the BEA 

Program, the CDFI Fund specifies the 

following priorities: 

1. Estimated Award Amounts: The 

award percentage used to derive the 

estimated award amount for Applicants 

that are CDFIs is three times greater than 

the award percentage used to derive the 

estimated award amount for Applicants 

that are not CDFIs; 

2. Priority Factors: Priority Factors 

will be assigned based on an 

Applicant’s asset size, as described in 

Section V.A.14 of this NOFA 

(Application Review Information: 

Priority Factors); and 

3. Priority of Awards: The CDFI Fund 

will rank Applicants in each category of 

Qualified Activity according to the 

priorities described in Section V.A.16. 

of this NOFA (Application Review 

Information: Award Percentages, Award 

Amounts, Application Review Process, 

Selection Process, Programmatic 

Financial Risk, and Application 

Rejection), and specifically parts V.B.2: 

Selection Process, V.B.3: Programmatic 

and Financial Risk, and V.B.4: 

Persistent Poverty Counties. 

E. Baseline Period and Assessment 

Period Dates: A BEA Program Award is 

based on an Applicant’s increase in 

Qualified Activities from the Baseline 

Period to the Assessment Period, as 

reported on an individual transaction 

basis in the Application. For the FY 

2018 funding round, the Baseline Period 

is calendar year 2016 (January 1, 2016 

through December 31, 2016), and the 

Assessment Period is calendar year 2017 

(January 1, 2017 through December 31, 

2017). 

F. Funding Limitations: The CDFI 

Fund reserves the right to fund, in 

whole or in part, any, all, or none of the 

Applications submitted in response to 

this NOFA. The CDFI Fund also 

reserves the right to reallocate funds 

from the amount that is anticipated to 

be available through this NOFA to other 

CDFI Fund programs, or to reallocate 

remaining funds to a future BEA 

Program funding round, particularly if 

the CDFI Fund determines that the 

number of awards made through this 

NOFA is fewer than projected. 

G. Persistent Poverty Counties: 

Pursuant to the Consolidated 

Appropriations Act, 2018 (Pub. L. 115– 

141), Congress mandated that at least 

ten percent of the CDFI Fund’s 

appropriations be directed to counties 

that meet the criteria for ‘‘Persistent 

Poverty’’ designation. Persistent Poverty 

Counties (PPCs) are defined as any 

county that has had 20 percent or more 

of its population living in poverty over 

the past 30 years, as measured by the 

1990 and 2000 decennial censuses, and 

the most recent series of 5-year data 

available from the American 

Community Survey from the Census 

Bureau. The tabular BEA Program 

Eligibility Data, which is located on the 

CDFI Fund’s website, indicates whether 

a census tract also meets ‘‘Persistent 

Poverty County’’ (PPC) criteria. 

Applicants that apply under this NOFA 

will be required to indicate the 

minimum and maximum percentage of 

the BEA Program Award that the 

Applicant will commit to investing in 

PPCs. 

II. Federal Award Information 

A. Funding Availability: The CDFI 

Fund expects to award up to $25 

million for the FY 2018 BEA Program 

Awards round under this NOFA. The 

CDFI Fund reserves the right to award 

in excess of said funds under this 

NOFA, provided that the appropriated 

funds are available. The CDFI Fund 

reserves the right to impose a minimum 

or maximum award amount; however, 

under no circumstances will an award 

be higher than $1 million for any 

Recipient. 

B. Types of Awards: BEA Program 

Awards are made in the form of grants. 

C. Anticipated Start Date and Period 

of Performance: The CDFI Fund 

anticipates the period of performance 

for the FY 2018 funding round will 

begin in the winter of calendar year 

2018. Specifically, the period of 

performance begins on the Federal 

Award Date and will conclude at least 

one (1) full year after the Federal Award 

Date as further specified in the Award 

Agreement, during which the Recipient 

must meet the performance goals set 

forth in the Award Agreement. 

D. Eligible Activities: Eligible 

Activities for the BEA Program are 

referred to as Qualified Activities and 

are defined in the Interim Rule to 

include CDFI Related Activities, 

Distressed Community Financing 

Activities, and Service Activities (12 

CFR 1806.103). 

CDFI Related Activities (12 CFR 

1806.103) means CDFI Equity and CDFI 

Support Activities. CDFI Equity consists 

of Equity Investments, Equity-Like 

Loans, and Grants. CDFI Support 

Activities includes Loans, Deposits and 

Technical Assistance. 

Distressed Community Financing 

Activities (12 CFR 1806.103) means 

Consumer Loans and Commercial Loans 

and Investments. Consumer Loans 

include Affordable Housing Loans; 

Education Loans; Home Improvement 

Loans; and Small Dollar Consumer 

Loans. Commercial Loans and 

Investments includes Affordable 

Housing Development Loans and related 

Project Investments; Commercial Real 

Estate Loans and related Project 

Investments; and Small Business Loans 

and related Project Investments. Service 

Activities (12 CFR 1806.103) include 

Deposit Liabilities, Financial Services, 

Community Services, Targeted 

Financial Services, and Targeted Retail 

Savings/Investment Products. 

When calculating BEA Program 

Award amounts, the CDFI Fund will 

only consider the amount of a Qualified 

Activity that has been fully disbursed 

or, in the case of a partially disbursed 

Qualified Activity, will only consider 

the amount that an Applicant 

reasonably expects to disburse for a 

Qualified Activity within 12 months 

from the end of the Assessment Period. 


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Subject to the requirements outlined in 

Section VI. of this NOFA, in the case of 

Commercial Real Estate Loans and 

related Project Investments, the total 

principal amount of the transaction 

must be $10 million or less to be 

considered a Qualified Activity. 

Notwithstanding the foregoing, the CDFI 

Fund, in its sole discretion, may 

consider transactions with a total 

principal value of over $10 million, 

subject to review. 

An activity funded with prior BEA 

Program Award dollars, or funded to 

satisfy requirements of an Award 

Agreement from a prior award, shall not 

constitute a Qualified Activity for the 

purposes of calculating or receiving an 

award. 

E. Distressed Community: A 

Distressed Community must meet 

certain minimum geographic area and 

eligibility requirements, which are 

defined in the Interim Rule at 12 CFR 

1806.103 and more fully described in 12 

CFR 1806.401. Applicants should use 

the CDFI Fund’s Information Mapping 

System (CIMS Mapping Tool) to 

determine whether a Baseline Period 

activity or Assessment Period activity is 

located in a qualified Distressed 

Community. The CIMS Mapping Tool 

can be accessed through AMIS or the 

CDFI Fund’s website at https://

www.cdfifund.gov/Pages/mappingsystem.aspx. The CIMS Mapping Tool 

contains a step-by-step training manual 

on how to use the tool. In addition, 

further instructions to determine 

whether an activity is located in a 

qualified BEA Distressed Community 

can be located at: https://

www.cdfifund.gov/programs-training/ 

Programs/bank_enterprise_award/ 

Pages/apply-step.aspx#step1 when 

selecting the BEA Program Application 

CIMS3 Instructions document in the 

‘‘Application Materials’’ section of the 

BEA web page on the CDFI Fund’s 

website. If you have any questions or 

problems with accessing the CIMS 

Mapping Tool, please contact the CDFI 

Fund IT Help Desk by telephone at (202) 

653–0300, by IT AMIS Service Request, 

or by email to AMIS@cdfi.treas.gov. 

Please note that a Distressed 

Community as defined by the BEA 

Program is not the same as an 

Investment Area as defined by the CDFI 

Program, a Low-Income Community as 

defined by the NMTC Program, or an 

Area of Economic Distress as defined by 

the Capital Magnet Fund. 

1. Designation of Distressed 

Community by a CDFI Partner: CDFI 

Partners that receive CDFI Support 

Activities from an Applicant must be 

integrally involved in a Distressed 

Community. CDFI Support Activities 

include loans, Technical Assistance, or 

deposits provided to a CDFI Partner. 

Applicants must provide evidence that 

each CDFI Partner that is the recipient 

of CDFI Support Activities is integrally 

involved in a Distressed Community, as 

noted in the Application. CDFI Partners 

that receive Equity Investments, EquityLike Loans or grants are not required to 

demonstrate Integral Involvement. 

Additional information on Integral 

Involvement can be found in Section V. 

of this NOFA. 

2. Distressed Community 

Determination by a BEA Applicant: 

Applicants applying for a BEA Program 

Award for performing Distressed 

Community Financing Activities or 

Service Activities must verify that 

addresses of both Baseline Period and 

Assessment Period activities are in 

Distressed Communities when 

completing their Application. 

A BEA Applicant shall determine an 

area is a Distressed Community by: 

a. Selecting a census tract where the 

Qualified Activity occurred that meets 

the minimum area and eligibility 

requirements; or 

b. selecting the census tract where the 

Qualified Activity occurred, plus one or 

more census tracts directly contiguous 

to where the Qualified Activity occurred 

that when considered in the aggregate, 

meet the minimum area and eligibility 

requirements set forth in this section. 

F. Award Agreement: Each Recipient 

under this NOFA must electronically 

sign an Award Agreement via AMIS 

prior to payment of the award proceeds 

by the CDFI Fund. The Award 

Agreement contains the terms and 

conditions of the award. For further 

information, see Section VI. of this 

NOFA. 

G. Use of Award: It is the policy of the 

CDFI Fund that BEA Program Awards 

may not be used by Recipients to 

recover overhead or Indirect Costs. The 

Recipient may use up to fifteen percent 

(15%) of the total BEA Program award 

amount on Qualified Activities as Direct 

Administrative Expenses. ‘‘Direct 

Administrative Expenses’’ shall mean 

Direct Costs, as described in section 2 

CFR 200.413 of the Uniform 

Requirements, which are incurred by 

the Recipient to carry out the Qualified 

Activities. Such costs must be able to be 

specifically identified with the 

Qualified Activities and not also 

recovered as Indirect Costs. ‘‘Indirect 

Costs’’ means costs or expenses defined 

in accordance with section 2 CFR 

200.56 of the Uniform Requirements. In 

addition, the Recipient must comply, as 

applicable, with the Buy American Act 

of 1933, 41 U.S.C. 8301–8303, with 

respect to any Direct Costs. 

III. Eligibility Information 

A. Eligible Applicants: For the 

purposes of this NOFA, the following 

table sets forth the eligibility criteria to 

receive an BEA Program award from the 

CDFI Fund. 

TABLE 2—ELIGIBILITY REQUIREMENTS FOR APPLICANTS

Criteria Description 

Eligible Applicants .......................................... • Eligible Applicants for the BEA Program must be Insured Depository Institutions, as defined in the Interim Rule. 

For the FY 2018 funding round, an Applicant must be FDIC-insured as of December 31, 2017 to be eligible for consideration for a BEA Program Award under this NOFA. 

The depository institution holding company of an Insured Depository Institution may not apply on behalf of an Insured 

Depository Institution. Applications received from depository institution holding companies will be disqualified. 

CDFI Applicant ............................................... For the FY 2018 funding round, an eligible certified-CDFI Applicant is an Insured Depository Institution that was certified as a CDFI as of December 31, 2017 and that maintains its status as a certified CDFI at the time BEA Program 

Awards are announced under this NOFA. No CDFI Applicant may receive a FY 2018 BEA Program Award if it has: 

(1) An application pending for assistance under the FY 2018 round of the CDFI Program; (2) been awarded assistance from the CDFI Fund under the CDFI Program within the 12-month period prior to the Federal Award Date of 

the FY 2018 Award Agreement issued by the CDFI Program; or (3) ever received assistance under the CDFI Program for the same activities for which it is seeking a FY 2018 BEA Program Award. Please note that Applicants 

may apply for both a CDFI Program award and a BEA Program Award in FY 2018; however, receiving a FY 2018 

CDFI Program award removes an Applicant from eligibility for a FY 2018 BEA Program Award. 

If an Applicant’s CDFI certification application was submitted to the CDFI Fund as of December 31, 2017 (the last day 

of the assessment period), and was ultimately approved by the CDFI Fund prior to the publication of the FY 2018 

NOFA, then the Applicant’s CDFI status is considered ‘‘certified’’ for purposes of the FY 2018 BEA Program application. 


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TABLE 2—ELIGIBILITY REQUIREMENTS FOR APPLICANTS—Continued 

Criteria Description 

Debarment/Do Not Pay Verification ............... • The CDFI Fund will conduct a debarment check and will not consider an Application submitted by an Applicant if the 

Applicant is delinquent on any Federal debt. 

The Do Not Pay Business Center was developed to support Federal agencies in their efforts to reduce the number of 

improper payments made through programs funded by the Federal government. The Do Not Pay Business Center 

provides delinquency information to the CDFI Fund to assist with the debarment check. 

B. Prior Award Recipients: The 

previous success of an Applicant in any 

of the CDFI Fund’s programs will not be 

considered under this NOFA. Prior BEA 

Program Award Recipients and prior 

award recipients of other CDFI Fund 

programs are eligible to apply under this 

NOFA, except as noted in the following 

table: 

TABLE 3—ELIGIBILITY REQUIREMENTS FOR APPLICANTS WHICH ARE PRIOR RECIPIENTS

Criteria Description 

Pending resolution of noncompliance ............ • If an Applicant that is a prior recipient or allocatee under any CDFI Fund program: (i) Has submitted reports to the 

CDFI Fund that demonstrate noncompliance with a previous assistance agreement, award agreement, allocation 

agreement, bond loan agreement, or agreement to guarantee and (ii) the CDFI Fund has yet to make a final determination as to whether the entity is in default of its previous agreement, the CDFI Fund will consider the Applicant’s 

Application under this NOFA pending full resolution, in the sole determination of the CDFI Fund, of the noncompliance. 

Default status ................................................. • The CDFI Fund will not consider an Application submitted by an Applicant that is a prior CDFI Fund award recipient 

or allocatee under any CDFI Fund program if, as of the applicable Application deadline of this NOFA, the CDFI 

Fund has made a final determination that such Applicant is in default of a previously executed assistance agreement, award agreement, allocation agreement, bond loan agreement, or agreement to guarantee. 

Such entities will be ineligible to apply for an Award pursuant to this NOFA so long as the Applicant’s prior award or 

allocation remains in default status or such other time period as specified by the CDFI Fund in writing. 

C. Contact the CDFI Fund: 

Accordingly, Applicants that are prior 

recipients and/or allocatees under any 

CDFI Fund program are advised to 

comply with requirements specified in 

an assistance agreement, award 

agreement, allocation agreement, bond 

loan agreement, or agreement to 

guarantee. All outstanding reports and 

compliance questions should be 

directed to the Certification, 

Compliance Monitoring and Evaluation 

helpdesk by submitting a BEA 

Compliance and Reporting AMIS 

Service Request or by telephone at (202) 

653–0423. The CDFI Fund will respond 

to Applicants’ reporting, compliance, or 

disbursement questions between the 

hours of 9:00 a.m. and 5:00 p.m. ET, 

starting on the date of the publication of 

this NOFA. The CDFI Fund will not 

respond to Applicants’ reporting, 

compliance, or disbursement telephone 

calls or email inquiries that are received 

after 5:00 p.m. ET on September 18, 

2018, until after the Application 

deadline. The CDFI Fund will respond 

to technical issues related to AMIS 

Accounts through 5:00 p.m. ET on 

September 20, 2018, via an IT AMIS 

Service Request, email at AMIS@

cdfi.treas.gov, or by telephone at (202) 

653–0422. 

D. Cost sharing or matching fund 

requirements: Not applicable. 

IV. Application and Submission 

Information 

A. Address to Request an Application 

Package: Application materials can be 

found on Grants.gov and the CDFI 

Fund’s website at www.cdfifund.gov/ 

bea. Applicants may request a paper 

version of any Application material by 

contacting the CDFI Fund Help Desk at 

cdfihelp@cdfi.treas.gov. 

B. Content and Form of Application 

Submission: All Application materials 

must be prepared using the English 

language and calculations must be made 

in U.S. dollars. Applicants must submit 

all materials described in and required 

by the Application by the applicable 

deadlines. Detailed Application content 

requirements including instructions 

related to the submission of the Grant 

Application Package in Grants.gov and 

the FY 2018 BEA Program Application 

in AMIS, the CDFI Fund’s web-based 

portal, are provided in detail in the 

Application Instructions. Once an 

Application is submitted, the Applicant 

will not be allowed to change any 

element of the Application. The CDFI 

Fund reserves the right to request and 

review other pertinent or public 

information that has not been 

specifically requested in this NOFA or 

the Application. 

C. Application Submission: The CDFI 

Fund has a two-step submission process 

for BEA Applications that requires the 

submission of required application 

information on two separate deadlines 

and in two separate and distinct 

systems, Grants.gov and the CDFI 

Fund’s AMIS. The first step is the 

submission of the Grant Application, 

which consists solely of the Office of 

Management and Budget Standard 

Form—424 Mandatory (SF–424 

Mandatory) Application for Federal 

Assistance, in Grants.gov. The second 

step is to submit an FY 2018 BEA 

Program Application in AMIS. 

D. Grants.gov: Applicants must be 

registered with Grants.gov to submit the 

Grants Application Package. The Grants 

Application Package consists of one 

item, the SF–424 Mandatory. In order to 

register with Grants.gov, Applicants 

must have a DUNS number and have an 

active registration with SAM.gov. The 

CDFI Fund strongly encourages 

Applicants to start the Grants.gov 

registration process as soon as possible 

(refer to the following link: https://

www.grants.gov/web/grants/ 

register.html) as it may take several 

weeks to complete. Applicants that have 

previously registered with Grants.gov 

must verify that their registration is 

current and active. Applicants should 

contact Grants.gov directly with 

questions related to the registration or 

submission process as the CDFI Fund 

does not administer or maintain this 

system. 

Applicants are required to submit a 

Grant Application Package in Grants.gov 

and have it validated by the Grants.gov 

submission deadline of August 23, 2018. 

The Grant Application Package is 

validated by Grants.gov after the 

Applicant’s initial submission and it 

may take Grants.gov up to 48 hours to 

complete the validation process. 

Therefore, the CDFI Fund encourages 

Applicants to submit the Grant 

Application Package as early as 


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possible. This will help to ensure that 

the Grant Application Package is 

validated before the Grants.gov 

submission deadline and provide time 

for Applicants to contact Grants.gov 

directly to resolve any submission 

issues since the CDFI Fund does not 

administer or maintain that system. For 

more information about Grants.gov, 

please visit https://www.grants.gov and 

see Table 8 for Grants.gov contact 

information. 

The CDFI Fund can only 

electronically retrieve validated Grant 

Application Packages from Grants.gov 

and therefore only considers the 

submission of the Grant Application 

Package to be successful when it has 

been validated by Grants.gov before the 

submission deadline. It is the 

Applicant’s sole responsibility to ensure 

that its Grant Application Package is 

submitted and validated by Grants.gov 

before the submission deadline. 

Applicants that do not successfully 

submit their Grant Application Package 

and have it validated by the Grants.gov 

submission deadline will not be able to 

submit a FY 2018 BEA Program 

Application in AMIS. The CDFI Fund 

will electronically retrieve validated 

Grant Application Packages from 

Grants.gov on a daily basis. Applicants 

are advised that it will take up to 48 

hours from when the CDFI Fund 

retrieves the validated Grant 

Application Package for it to be 

available in AMIS to associate with a FY 

2018 BEA Program Application. 

Once the CDFI Fund has retrieved the 

validated Grant Application Package 

from Grants.gov and made it available in 

AMIS, Applicants must associate it with 

their Application. Applicants can begin 

working on their FY 2018 BEA Program 

Application in AMIS at any time, 

however, they will not be able to submit 

the application until the validated Grant 

Application Package is associated, by 

the Applicant, with the application. 

Applicants are advised that the CDFI 

Fund will not notify them when the 

validated Grant Application Package has 

been retrieved from Grants.gov or when 

it is available in AMIS. It is the 

Applicant’s responsibility to ensure that 

the validated SF–424 Mandatory is 

associated with its FY 2018 BEA 

Application in AMIS. Applicants will 

not be able to submit their FY 2018 BEA 

Program Application without 

completing this step. 

Applicants are advised that the 

lookup function in the FY 2018 BEA 

Application in AMIS, uses the DUNS 

number reported on the validated Grant 

Application Package to match it with 

the correct AMIS Organization account. 

Therefore, Applicants must make sure 

the DUNS number included in the Grant 

Application Package submitted in 

Grants.gov matches the DUNS number 

in their AMIS Organization account. If, 

for example, the DUNS number does not 

match because the Applicant 

inadvertently used the DUNS number of 

their Bank Holding Company on the 

Grant Application Package in Grants.gov 

and is attempting to associate with 

AMIS Organization account of their 

FDIC–Insured Bank subsidiary, the 

lookup function will not return any 

results and the Applicant will not be 

able to submit the FY 2018 BEA 

Application. 

Applicants are also highly encouraged 

to provide EIN, Authorized 

Representative and/or Contact Person 

information on the Grant Application 

Package that matches the information 

included in AMIS Organization account. 

E. Dun & Bradstreet Universal 

Numbering System (DUNS): Pursuant to 

the Uniform Administrative 

Requirements, each Applicant must 

provide, as part of its Application 

submission, a Dun and Bradstreet 

Universal Numbering System (DUNS) 

number. Applicants without a DUNS 

number will not be able to submit a 

Grant Application Package in 

Grants.gov. 

Applicants should allow sufficient 

time for Dun & Bradstreet to respond to 

inquiries and/or requests for DUNS 

numbers. 

F. System for Award Management 

(SAM): An active SAM account is 

required to submit the required Grant 

Application Package in Grants.gov. Any 

entity applying for Federal grants or 

other forms of Federal financial 

assistance through Grants.gov must be 

registered in SAM in order to submit its 

Grant Application Package in Grants.gov 

or FY 2018 BEA Program Application in 

AMIS. Applicants must have 

established a SAM.gov account no later 

than 30 days after the release of this 

NOFA. The SAM registration process 

can take several weeks to complete so 

Applicants are encouraged to begin this 

process upon release of this NOFA. 

Applicants that have previously 

completed the SAM registration process 

must verify that their SAM accounts are 

current and active. Applicants are 

required to maintain a current and 

active SAM account at all times during 

which it has an active Federal award or 

an Application under consideration for 

an award by a Federal awarding agency. 

A signed notarized letter identifying 

the authorized Entity Administrator for 

the entity associated with the DUNS 

number is required by SAM before the 

registration will be activated. This 

requirement is applicable to new 

entities registering in SAM, as well as 

existing entities with registrations being 

updated or renewed in SAM. 

The CDFI Fund will not consider any 

Applicant that fails to properly register 

or activate its SAM account and, as a 

result, is unable to submit its Grant 

Application Package in Grants.gov, or 

FY 2018 BEA Program Application in 

AMIS by the respective deadlines. 

Applicants must contact SAM directly 

with questions related to SAM 

registration or account changes as the 

CDFI Fund does not administer or 

maintain this system. For more 

information about SAM, please visit 

https://www.sam.gov or call 866–606– 

8220. 

G. AMIS: All Applicants must 

complete an FY 2018 BEA Program 

Application in AMIS, the CDFI Fund’s 

web-based portal. All Applicants must 

register User and Organization accounts 

in AMIS by the applicable Application 

deadline. Failure to register and 

complete a FY 2018 BEA Program 

Application in AMIS will result in the 

CDFI Fund being unable to accept the 

Application. As AMIS is the CDFI 

Fund’s primary means of 

communication with Applicants and 

Recipients, institutions must make sure 

that they update their contact 

information in their AMIS accounts. In 

addition, the Applicant should ensure 

that the institution information (name, 

EIN, DUNS number, Authorized 

Representative, contact information, 

etc.) on the Grant Application Package 

submitted as part of the Grant 

Application Package in Grants.gov 

matches the information in AMIS. EINs 

and DUNS numbers in the Applicant’s 

SAM account must match those listed in 

AMIS. For more information on AMIS, 

please see the information available 

through the AMIS Home page at https:// 

amis.cdfifund.gov. Qualified Activity 

documentation and other attachments as 

specified in the applicable BEA Program 

Application must also be submitted 

electronically via AMIS. Detailed 

instructions regarding submission of 

Qualified Activity documentation is 

provided in the Application Instructions 

and AMIS Training Manual for the BEA 

Program Application. Applicants will 

not be allowed to submit missing 

Qualified Activity documentation after 

the Application deadline and any 

Qualified Activity missing the required 

documentation will be disqualified. 

Qualified Activity documentation 

delivered by hard copy to the CDFI 

Fund’s Washington, DC office address 

will be rejected, unless the Applicant 

previously requested a paper version of 

the Application as described in Section 

IV.A. 


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H. Submission Dates and Times: The 

following table provides the critical 

deadlines for the FY 2018 BEA Funding 

Round. Applications and any other 

required documents or attachments 

received after the applicable deadline 

will be rejected. The document 

submission deadlines stated in this 

NOFA and the Application are strictly 

enforced. The CDFI Fund will not grant 

exceptions or waivers for late 

submissions except where the 

submission delay was a direct result of 

a Federal government administrative or 

technological error. 

Description Deadline Time 

(eastern time) 

Grant Application Package/SF–424 Mandatory. Submission Method: Electronically via 

Grants.gov.

August 23, 2018 ......... 11:59 p.m. ET. 

FY 2018 BEA Program Application. Submission Method: Electronically via AMIS ..................... September 20, 2018 ... 5:00 p.m. ET. 

1. Confirmation of Application 

Submission: Applicants may verify that 

their Grant Application Package was 

successfully submitted and validated in 

Grants.gov and that their FY 2018 BEA 

Program Application was successfully 

submitted in AMIS. Applicants should 

note that the Grant Application Package 

consists solely of the SF–424 Mandatory 

and has a different deadline than the FY 

2018 BEA Program Application. These 

deadlines are provided above in Table 4. 

FY 2018 BEA Program Funding Round 

Critical Deadlines for Applicants. If the 

Grant Application Package is not 

successfully submitted and 

subsequently validated by Grants.gov by 

the deadline, the CDFI Fund will not 

review the FY 2018 BEA Program 

Application or any of the application 

related material submitted in AMIS and 

the Application will be deemed 

ineligible. 

a. Grants.gov Submission Information: 

In order to determine whether the Grant 

Application Package was submitted 

properly, each Applicant should: (1) 

Receive two separate emails from 

Grants.gov, and (2) perform an 

independent step in Grants.gov to 

determine whether the Grant 

Application was validated. Each 

Applicant will receive the first email 

from Grants.gov immediately after the 

Grant Application Package is submitted 

confirming that the submission has 

entered the Grants.gov system. This 

email will contain a tracking number. 

Within 48 hours, the Applicant will 

receive a second email which will 

indicate if the submitted Grant 

Application Package was successfully 

validated or rejected with errors. 

However, Applicants should not rely on 

the second email notification from 

Grants.gov to confirm that the Grant 

Application Package was validated. 

Applicants should then perform an 

independent step in Grants.gov to 

determine if the Grant Application 

Package status shows as ‘‘Validated’’ by 

clicking on the ‘‘Applicants’’ menu, 

followed by clicking ‘‘Track my 

Application,’’ and then entering the 

tracking number provided in the first 

email. The Grant Application Package 

cannot be retrieved by the CDFI Fund 

until it has been validated by 

Grants.gov. 

b. AMIS Submission Information: 

AMIS is the web-based portal where 

Applicants will directly enter their 

application information and add 

supporting documentation, when 

applicable. The CDFI Fund strongly 

encourages the Applicant to allow 

sufficient time to confirm the 

Application content, review the material 

submitted, and remedy any issues prior 

to the Application deadline. Only the 

Authorized Representative or an 

Application Point of Contact can submit 

the FY 2018 BEA Program Application 

in AMIS. 

Applicants will not receive an email 

confirming that their FY 2018 BEA 

Program Application was successfully 

submitted in AMIS. Instead, Applicants 

should check their AMIS account to 

ensure that the status of the FY 2018 

BEA Program Application shows 

‘‘Under Review.’’ Step-by-step 

instructions for submitting an FY 2018 

BEA Program Application in AMIS are 

provided in the Application 

Instructions, Supplemental Guidance, 

and AMIS Training Manual for the BEA 

Program Electronic Application. 

2. Multiple Application Submissions: 

If an Applicant submits multiple 

versions of its Grant Application 

Package in Grants.gov, the Applicant 

can only associate one with its FY 2018 

BEA Program Application in AMIS. 

Applicants can only submit one FY 

2018 BEA Program Application in 

AMIS. Upon submission, the 

Application will be locked and cannot 

be resubmitted, edited, or modified in 

any way. The CDFI Fund will not 

unlock a submitted Application or allow 

multiple Application submissions. 

3. Late Submission: The CDFI Fund 

will not accept an Application 

submitted after the Application 

deadline except where the submission 

delay was a direct result of a Federal 

government administrative or 

technological error. In such case, the 

Applicant must submit their request for 

acceptance of a late Application 

submission to the BEA Program Office 

via an AMIS Service Request with 

documentation that clearly 

demonstrates the error by no later than 

two business days after the applicable 

Application deadline for Grants.gov or 

AMIS. The CDFI Fund will not respond 

to request for acceptance of late 

Application submissions after that time 

period. The AMIS Service Request must 

be directed to the BEA Program with a 

subject line of ‘‘Late Application 

Submission Request.’’ 

I. Funding Restrictions: BEA Program 

Awards are limited by the following: 

1. The Recipient shall use BEA 

Program Award funds only for the 

eligible activities described in Section 

II.D. of this NOFA and its Award 

Agreement. 

2. The Recipient may not distribute 

BEA Program Award funds to an 

affiliate, Subsidiary, or any other entity, 

without the CDFI Fund’s prior written 

approval. 

3. BEA Program Award funds shall 

only be disbursed to the Recipient. 

4. The CDFI Fund, in its sole 

discretion, may disburse BEA Program 

Award funds in amounts, or under 

terms and conditions, which are 

different from those requested by an 

Applicant. 

J. Other Submission Requirements: 

None. 

V. Application Review Information 

A. Criteria: If the Applicant submitted 

a complete and eligible Application, the 

CDFI Fund will conduct a substantive 

review in accordance with the criteria 

and procedures described in the 

Regulations, this NOFA, the Application 

guidance, and the Uniform 

Requirements. The CDFI Fund reserves 

the right to contact the Applicant by 

telephone, email, or mail for the sole 

purpose of clarifying or confirming 

Application information. If contacted, 

the Applicant must respond within the 

time period communicated by the CDFI 

Fund or run the risk that its Application 

will be rejected. 


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1. CDFI Related Activities: CDFI 

Related Activities include Equity 

Investments, Equity-Like Loans, and 

CDFI Support Activities provided to 

eligible CDFI Partners. 

2. Eligible CDFI Partner: CDFI Partner 

is defined as a certified CDFI that has 

been provided assistance in the form of 

CDFI Related Activities by an 

unaffiliated Applicant (12 CFR 

1806.103). For the purposes of this 

NOFA, an eligible CDFI Partner must 

have been certified as a CDFI as of the 

end of the applicable Assessment Period 

and be Integrally Involved in a 

Distressed Community. 

3. Integrally Involved: Integrally 

Involved is defined at 12 CFR 1806.103. 

For purposes of this NOFA, for a CDFI 

Partner to be deemed to be Integrally 

Involved, it must have: (i) Provided at 

least 10 percent of financial transactions 

or dollars transacted (e.g., loans or 

Equity Investments), or 10 percent of 

Development Service Activities (as 

defined in 12 CFR 1805.104), in one or 

more Distressed Communities identified 

by the Applicant or the CDFI Partner, as 

applicable, in each of the three calendar 

years preceding the date of this NOFA; 

(ii) transacted at least 25 percent of 

financial transactions (e.g., loans or 

equity investments) in one or more 

Distressed Communities in at least one 

of the three calendar years preceding the 

date of this NOFA, or 25 percent of 

Development Service Activities (as 

defined in 12 CFR 1805.104), in one or 

more Distressed Communities identified 

by the Applicant or the CDFI Partner, as 

applicable, in at least one of the three 

calendar years preceding the date of this 

NOFA; or (iii) demonstrated that it has 

attained at least 10 percent of market 

share for a particular financial product 

in one or more Distressed Communities 

(such as home mortgages originated in 

one or more Distressed Communities) in 

at least one of the three calendar years 

preceding the date of this NOFA. 

4. Limitations on eligible Qualified 

Activities provided to certain CDFI 

Partners: A CDFI Applicant cannot 

receive credit for any financial 

assistance or Qualified Activities 

provided to a CDFI Partner that is also 

an FDIC-insured depository institution 

or depository institution holding 

company. 

5. Certificates of Deposit: Section 

1806.103 of the Interim Rule states that 

any certificate of deposit (CD) placed by 

an Applicant or its Subsidiary in a CDFI 

Partner that is a bank, thrift, or credit 

union must be: (i) Uninsured and 

committed for at least three years; or (ii) 

insured, committed for a term of at least 

three years, and provided at an interest 

rate that is materially below market 

rates, in the determination of the CDFI 

Fund. 

a. For purposes of this NOFA, 

‘‘materially below market interest rate’’ 

is defined as an annual percentage rate 

that does not exceed 100 percent of 

yields on Treasury securities at constant 

maturity as interpolated by Treasury 

from the daily yield curve and available 

on the Treasury website at 

www.treas.gov/offices/domesticfinance/debt-management/interest-rate/ 

yield.shtml. For example, for a threeyear CD, Applicants should use the 

three-year rate U.S. Government 

securities, Treasury Yield Curve Rate 

posted for that business day. The 

Treasury updates the website daily at 

approximately 5:30 p.m. ET. CDs placed 

prior to that time may use the rate 

posted for the previous business day. 

The annual percentage rate on a CD 

should be compounded daily, quarterly, 

semi-annually, or annually. If a variable 

interest rate is used, the CD must also 

have an interest rate that is materially 

below the market interest rate over the 

life of the CD, in the determination of 

the CDFI Fund. 

b. For purposes of this NOFA, a 

deposit placed by an Applicant directly 

with a CDFI Partner that participates in 

a deposit network or service may be 

treated as eligible under this NOFA if it 

otherwise meets the criteria for deposits 

in 12 CFR.1806.103 and the CDFI 

Partner retains the full amount of the 

initial deposit or an amount equivalent 

to the full amount of the initial deposit 

through a deposit network exchange 

transaction. 

6. Equity Investment: An Equity 

Investment means financial assistance 

provided by an Applicant or its 

Subsidiary to a CDFI, which CDFI meets 

such criteria as set forth in this NOFA, 

in the form of a grant, a stock purchase, 

a purchase of a partnership interest, a 

purchase of a limited liability company 

membership interest, or any other 

investment deemed to be an Equity 

Investment by the CDFI Fund. 

7. Equity-Like Loan: An Equity-Like 

Loan is a loan provided by an Applicant 

or its Subsidiary to a CDFI, and made 

on such terms that it has characteristics 

of an Equity Investment, as such 

characteristics may be specified by the 

CDFI Fund (12 CFR 1806.103). For 

purposes of this NOFA, an Equity-Like 

Loan must meet the following 

characteristics: 

a. At the end of the initial term, the 

loan must have a definite rolling 

maturity date that is automatically 

extended on an annual basis if the CDFI 

borrower continues to be financially 

sound and carry out a community 

development mission; 

b. Periodic payments of interest and/ 

or principal may only be made out of 

the CDFI borrower’s available cash flow 

after satisfying all other obligations; 

c. Failure to pay principal or interest 

(except at maturity) will not 

automatically result in a default of the 

loan agreement; and 

d. The loan must be subordinated to 

all other debt except for other EquityLike Loans. Notwithstanding the 

foregoing, the CDFI Fund reserves the 

right to determine, in its sole discretion 

and on a case-by-case basis, whether an 

instrument meets the above-stated 

characteristics of an Equity-Like Loan. 

8. CDFI Support Activity: A CDFI 

Support Activity is defined as assistance 

provided by an Applicant or its 

Subsidiary to a CDFI that is Integrally 

Involved in a Distressed Community, in 

the form of a loan, Technical Assistance, 

or deposits. 

9. CDFI Program Matching Funds: 

Equity Investments, Equity-Like Loans, 

and CDFI Support Activities (except 

Technical Assistance) provided by a 

BEA Applicant to a CDFI and used by 

the CDFI for matching funds under the 

CDFI Program are eligible as a Qualified 

Activity under the CDFI Related 

Activity category. 

10. Commercial Loans and 

Investments: Commercial Loans and 

Investments is a sub-category of 

Distressed Community Financing 

Activities and is defined as the 

following lending activity types: 

Affordable Housing Development Loans 

and related Project Investments; 

Commercial Real Estate Loans and 

related Project Investments; and Small 

Business Loans and related Project 

Investments. 

11. Consumer Loans: Consumer Loans 

is a sub-category of Distressed 

Community Financing Activities and is 

defined as the following lending activity 

types: Affordable Housing Loans; 

Education Loans; Home Improvement 

Loans; and Small Dollar Consumer 

Loans. 

12. Distressed Community Financing 

Activities and Service Activities: 

Distressed Community Financing 

Activities comply with consumer 

protection laws and are defined as (1) 

Consumer Loans; or (2) Commercial 

Loans and Investments. In addition to 

the requirements set forth in the Interim 

Rule, this NOFA provides the following 

additional requirements: 

a. Affordable Housing Development 

Loans and Related Project Investments: 

For purposes of this NOFA, eligible 

Affordable Housing Development Loans 

and related Project Investments do not 

include housing for students, or school 

dormitories. 


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b. Commercial Real Estate Loans and 

related Project Investments: For 

purposes of this NOFA, eligible 

Commercial Real Estate Loans (12 CFR 

1806.103) and related Project 

Investments are generally limited to 

transactions with a total principal value 

of $10 million or less. Notwithstanding 

the foregoing, the CDFI Fund, in its sole 

discretion, may consider transactions 

with a total principal value of over $10 

million, subject to review. For such 

transactions, Applicants must provide a 

separate narrative, or other information, 

to demonstrate that the proposed project 

offers, or significantly enhances the 

quality of, a facility or service not 

currently provided to the Distressed 

Community. 

c. Small Dollar Consumer Loan: For 

purposes of this NOFA, eligible Small 

Dollar Consumer Loans are affordable 

loans that serve as available alternatives 

to the marketplace for individuals who 

are Eligible Residents with a total 

principal value of no less than $500 and 

no greater than $5,000 and have a term 

of ninety (90) days or more. 

d. Distressed Community Financing 

Activities—Transactions Less Than 

$250,000: For purposes of this NOFA, 

Applicants are expected to maintain 

records for any transaction submitted as 

part of the FY 2018 BEA Program 

Application, including supporting 

documentation for transactions in the 

Distressed Community Financing 

Activity category of less than $250,000. 

The CDFI Fund reserves the right to 

request supporting documentation from 

an Applicant during its Application 

Review process for a Distressed 

Community Financing Activities 

transaction less than $250,000. 

e. Low- and Moderate-Income 

residents: For the purposes of this 

NOFA, Low-Income means borrower 

income that does not exceed 80 percent 

of the area median income, and 

Moderate-Income means borrower 

income may be 81 percent to no more 

than 120 percent of the area median 

income, according to the U.S. Census 

Bureau data. 

13. Reporting Certain Financial 

Services: The CDFI Fund will value the 

administrative cost of providing certain 

Financial Services using the following 

per unit values: 

a. $100.00 per account for Targeted 

Financial Services including safe 

transaction accounts, youth transaction 

accounts, Electronic Transfer Accounts 

and Individual Development Accounts; 

b. $50.00 per account for checking 

and savings accounts that do not meet 

the definition of Targeted Financial 

Services; 

c. $5.00 per check cashing 

transaction; 

d. $50,000 per new ATM installed at 

a location in a Distressed Community; 

e. $500,000 per new retail bank 

branch office opened in a Distressed 

Community, including school-based 

bank branches approved by the 

Applicant’s Federal bank regulator; 

f. In the case of Applicants engaging 

in Financial Services activities not 

described above, the CDFI Fund will 

determine the unit value of such 

services; 

g. When reporting the opening of a 

new retail bank branch office, the 

Applicant must certify that such new 

branch is intended to remain in 

operation for at least the next five years; 

h. Financial Service Activities must 

be provided by the Applicant to Eligible 

Residents or enterprises that are located 

in a Distressed Community. An 

Applicant may determine the number of 

Eligible Residents who are recipients of 

Financial Services by either: (i) 

Collecting the addresses of its Financial 

Services customers, or (ii) certifying that 

the Applicant reasonably believes that 

such customers are Eligible Residents or 

enterprises located in a Distressed 

Community and providing a brief 

analytical narrative with information 

describing how the Applicant made this 

determination. Citations must be 

provided for external sources. In 

addition, if external sources are 

referenced in the narrative, the 

Applicant must explain how it reached 

the conclusion that the cited references 

are directly related to the Eligible 

Residents or enterprises to whom it is 

claiming to have provided the Financial 

Services; and 

i. When reporting changes in the 

dollar amount of deposit accounts, only 

calculate the net change in the total 

dollar amount of eligible Deposit 

Liabilities between the Baseline Period 

and the Assessment Period. Do not 

report each individual deposit. If the net 

change between the Baseline Period and 

Assessment Period is a negative dollar 

amount, then a negative dollar amount 

may be recorded for Deposit Liabilities 

only. Instructions for determining the 

net change is available in the 

Supplemental Guidance to the FY 2018 

BEA Program Application. 

14. Priority Factors: Priority Factors 

are the numeric values assigned to 

individual types of activity within: (i) 

The Distressed Community Financing 

Activities, and (ii) Services Activities 

categories of Qualified Activities. For 

the purposes of this NOFA, Priority 

Factors will be based on the Applicant’s 

asset size as of the end of the 

Assessment Period (December 31, 2017) 

as reported by the Applicant in the 

Application. Asset size classes (i.e., 

small institutions, intermediate-small 

institutions, and large institutions) will 

correspond to the Community 

Reinvestment Act (CRA) asset size 

classes set by the three Federal bank 

regulatory agencies and that were 

effective as of the end of the Assessment 

Period. The Priority Factor works by 

multiplying the change in a Qualified 

Activity by the assigned Priority Factor 

to achieve a ‘‘weighted value.’’ This 

weighted value of the change would be 

multiplied by the applicable Award 

percentage to yield the Award amount 

for that particular activity. For purposes 

of this NOFA, the CDFI Fund is 

establishing Priority Factors based on 

Applicant asset size to be applied to all 

activity within the Distressed 

Community Financing Activities and 

Service Activities categories only, as 

follows: 

TABLE 5—CRA ASSET SIZE CLASSIFICATION

Priority factor 

Small institutions (assets of less than $313 million as of 12/31/2017) ............................................................................................... 5.0 

Intermediate—small institutions (assets of at least $313 million but less than $1.252 billion as of 12/31/2017) .............................. 3.0 

Large institutions (assets of $1.252 billion or greater as of 12/31/2017) ........................................................................................... 1.0 

15. Certain Limitations on Qualified 

Activities: 

a. Low-Income Housing Tax Credits: 

Financial assistance provided by an 

Applicant for which the Applicant 

receives benefits through Low-Income 

Housing Tax Credits, authorized 

pursuant to Section 42 of the Internal 

Revenue Code, as amended (26 U.S.C. 

42), shall not constitute an Equity 

Investment, Project Investment, or other 

Qualified Activity, for the purposes of 

calculating or receiving a BEA Program 

Award. 


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b. New Markets Tax Credits: Financial 

assistance provided by an Applicant for 

which the Applicant receives benefits as 

an investor in a Community 

Development Entity that has received an 

allocation of New Markets Tax Credits, 

authorized pursuant to Section 45D of 

the Internal Revenue Code, as amended 

(26 U.S.C. 45D), shall not constitute an 

Equity Investment, Project Investment, 

or other Qualified Activity, for the 

purposes of calculating or receiving a 

BEA Program Award. Leverage loans 

used in New Markets Tax Credit 

structured transactions that meet the 

requirements outlined in this NOFA are 

considered Distressed Community 

Financing Activities. The application 

materials will provide further guidance 

on requirements for BEA transactions 

which were leverage loans used in a 

New Markets Tax Credit structured 

transaction. 

c. Loan Renewals and Refinances: 

Financial assistance provided by an 

Applicant shall not constitute a 

Qualified Activity, as defined in this 

part, for the purposes of calculating or 

receiving a BEA Program Award if such 

financial assistance consists of a loan to 

a borrower that has matured and is then 

renewed by the Applicant, or consists of 

a loan to a borrower that is retired or 

restructured using the proceeds of a new 

commitment by the Applicant. 

d. Certain Business Types: Financial 

assistance provided by an Applicant 

shall not constitute a Qualified Activity, 

as defined in this part, for the purposes 

of financing the following business 

types: Adult entertainment providers, 

golf courses, race tracks, gambling 

facilities, country clubs, massage 

parlors, hot tub facilities, suntan 

facilities, or stores where the principal 

business is the sale of alcoholic 

beverages for consumption off premises. 

e. Prior BEA Program Awards: 

Qualified Activities funded with prior 

funding round BEA Program Award 

dollars or funded to satisfy requirements 

of the BEA Program Award Agreement 

shall not constitute a Qualified Activity 

for the purposes of calculating or 

receiving a BEA Program Award. 

f. Prior CDFI Program Awards: No 

CDFI Applicant may receive a BEA 

Program Award for activities funded by 

another CDFI Fund program or Federal 

program. 

16. Award Percentages, Award 

Amounts, Application Review Process, 

Selection Process, Programmatic and 

Financial Risk, and Application 

Rejection: The Interim Rule and this 

NOFA describe the process for selecting 

Applicants to receive a BEA Program 

Award and determining Award 

amounts. 

a. Award percentages: In the CDFI 

Related Activities subcategory of CDFI 

Equity, for all Applicants, the estimated 

award amount will be equal to 18 

percent of the increase in Qualified 

Activities reported in this subcategory. 

In the CDFI Related Activities 

subcategory of CDFI Support Activities, 

for a certified CDFI Applicant, the 

estimated award amount will be equal 

to 18 percent of the increase in 

Qualified Activities in this subcategory. 

If an Applicant is not a certified CDFI, 

the estimated award amount will be 

equal to 6 percent of the increase in 

Qualified Activities in this subcategory. 

In Distressed Community Financing 

Activities’ subcategory of Consumer 

Lending, the estimated award amount 

for certified CDFI Applicants will be 18 

percent of the weighted value of the 

increase in Qualified Activities in this 

subcategory. If an Applicant is not a 

certified CDFI Applicant, the estimated 

award amount will be equal to 6 percent 

of the weighted value of the increase in 

Qualified Activities in this subcategory. 

In the Distressed Community 

Financing Activities subcategory of 

Commercial Lending and Investments, 

for a certified CDFI Applicant, the 

estimated award amount will be equal 

to 9 percent of the weighted value of the 

increase in Qualified Activities in this 

subcategory. If an Applicant is not a 

certified CDFI, the estimated award 

amount will be equal to 3 percent of the 

weighted value of the increase in 

Qualified Activity in this subcategory. 

In the Service Activities category, for 

a certified CDFI Applicant, the 

estimated award amount will be equal 

to 9 percent of the weighted value of the 

increase in Qualified Activity for the 

category. If an Applicant is not a 

certified CDFI, the estimated award 

amount will be equal to 3 percent of the 

weighted value of the increase in 

Qualified Activity for the category. 

b. Award Amounts: An Applicant’s 

estimated award amount will be 

calculated according to the procedure 

outlined in the Interim Rule (at 12 CFR 

1806.403). As outlined in the Interim 

Rule at 12 CFR 1806.404, the CDFI Fund 

will determine actual Award amounts 

based on the availability of funds, 

increases in Qualified Activities from 

the Baseline Period to the Assessment 

Period, and the priority ranking of each 

Applicant. 

In calculating the increase in 

Qualified Activities, the CDFI Fund will 

determine the eligibility of each 

transaction for which an Applicant has 

applied for a BEA Program Award. In 

some cases, the actual award amount 

calculated by the CDFI Fund may not be 

the same as the estimated award amount 

requested by the Applicant. 

For purposes of calculating award 

payment amounts, the CDFI Fund will 

treat Qualified Activities with a total 

principal amount less than or equal to 

$250,000 as fully disbursed. For all 

other Qualified Activities, Recipients 

will have 12 months from the end of the 

Assessment Period to make 

disbursements and 15 months from the 

end of the Assessment Period to submit 

to the CDFI Fund disbursement requests 

for the corresponding portion of their 

awards, after which the CDFI Fund will 

rescind and de-obligate any outstanding 

award balance and said outstanding 

award balance will no longer be 

available to the Recipient. 

B. Review and Selection Process: 

1. Application Review Process: All 

Applications will be initially evaluated 

by external non-Federal reviewers. 

Reviewers are selected based on their 

experience in understanding various 

financial transactions, reading and 

interpreting financial documentation, 

strong written communication skills, 

and strong mathematical skills. 

Reviewers must complete the CDFI 

Fund’s conflict of interest process and 

be approved by the CDFI Fund. 

2. Selection Process: If the amount of 

funds available during the funding 

round is insufficient for all estimated 

Award amounts, Recipients will be 

selected based on the process described 

in the Interim Rule at 12 CFR 1806.404. 

This process gives funding priority to 

Applicants that undertake activities in 

the following order: (i) CDFI Related 

Activities, (ii) Distressed Community 

Financing Activities, and (iii) Service 

Activities, as described in the Interim 

Rule at 12 CFR 1806.404(c). 

Within each category, CDFI 

Applicants will be ranked first 

according to the ratio of the actual 

award amount calculated by the CDFI 

Fund for the category to the total assets 

of the Applicant, followed by 

Applicants that are not CDFI Applicants 

according to the ratio of the actual 

award amount calculated by the CDFI 

Fund for the category to the total assets 

of the Applicant. 

Selections within each priority 

category will be based on the 

Applicants’ relative rankings within 

each such category, subject to the 

availability of funds and any established 

maximum dollar amount of total awards 

that may be awarded for the Distressed 

Community Financing Activities 

category of Qualified Activities, as 

determined by the CDFI Fund. 

The CDFI Fund, in its sole discretion: 

(i) May adjust the estimated award 

amount that an Applicant may receive; 


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(ii) may establish a maximum amount 

that may be awarded to an Applicant; 

and (iii) reserves the right to limit the 

amount of an award to any Applicant if 

the CDFI Fund deems it appropriate. 

The CDFI Fund reserves the right to 

contact the Applicant to confirm or 

clarify information. If contacted, the 

Applicant must respond within the 

CDFI Fund’s time parameters or the 

Application may be rejected. 

The CDFI Fund reserves the right to 

change its eligibility and evaluation 

criteria and procedures. If those changes 

materially affect the CDFI Fund’s award 

decisions, the CDFI Fund will provide 

information regarding the changes 

through the CDFI Fund’s website. 

3. Programmatic and Financial Risk: 

The CDFI Fund will consider safety and 

soundness information from the 

appropriate Federal bank regulatory 

agency as defined in Section 3 of the 

Federal Deposit Insurance Act (12 

U.S.C. 1813(q)). If the appropriate 

Federal bank regulatory agency 

identifies safety and soundness 

concerns, the CDFI Fund will assess 

whether the concerns cause or will 

cause the Applicant to be incapable of 

completing the activities for which 

funding has been requested. The CDFI 

Fund will not approve a BEA Program 

Award under any circumstances for an 

Applicant if the appropriate Federal 

bank regulatory agency indicates that 

the Applicant received a composite 

rating of ‘‘5’’ on its most recent 

examination, performed in accordance 

with the Uniform Financial Institutions 

Rating System. 

Furthermore, the CDFI Fund will not 

approve a BEA Program Award for an 

Applicant that has: 

a. A CRA assessment rating of below 

‘‘Satisfactory’’ on its most recent 

examination; b. a financial audit with: A 

going concern paragraph, an adverse 

opinion, a disclaimer of opinion, or a 

withdrawal of an opinion on its most 

recent audit; c. a Prompt Corrective 

Action directive from its regulator that 

was active at the time the Applicant 

submitted its Application to the CDFI 

Fund or becomes active during the CDFI 

Fund’s evaluation of the Application. 

Applicants and/or their appropriate 

Federal bank regulator agency may be 

contacted by the CDFI Fund to provide 

additional information related to 

Federal bank regulatory or CRA 

information. The CDFI Fund will 

consider this information and may 

choose to not approve a BEA Program 

Award for an Applicant if the 

information indicates that the Applicant 

may be unable to responsibly manage, 

re-invest, and/or report on a BEA 

Program Award during the performance 

period. 

4. Persistent Poverty Counties: Should 

the CDFI Fund determine, upon analysis 

of the initial pool of BEA Program 

Award Recipients, that it has not 

achieved the 10 percent PPC 

requirement mandated by Congress, 

Award preference will be given to 

Applicants that committed to deploying 

a minimum of 10 percent of their FY 

2018 BEA Program Award in PPCs. 

Applicants may be required to deploy 

more than the minimum commitment 

percentage, but the percentage required 

should not exceed the maximum 

commitment percentage provided in the 

Application. Applicants that committed 

to serving PPCs and are selected to 

receive a FY 2018 BEA Program award, 

will have their PPC commitment 

incorporated into their Award 

Agreement as a Performance Goal which 

will be subject to compliance and 

reporting requirements. No applicant, 

however, will be disqualified from 

consideration for not making a PPC 

commitment in its BEA Program 

Application. 

5. Application Rejection: The CDFI 

Fund reserves the right to reject an 

Application if information (including 

administrative error) comes to the CDFI 

Fund’s attention that either: Adversely 

affects an Applicant’s eligibility for an 

award; adversely affects the CDFI 

Fund’s evaluation or scoring of an 

Application; or indicates fraud or 

mismanagement on the Applicant’s part. 

If the CDFI Fund determines any 

portion of the Application is incorrect 

in a material respect, the CDFI Fund 

reserves the right, in its sole discretion, 

to reject the Application. 

There is no right to appeal the CDFI 

Fund’s award decisions. The CDFI 

Fund’s award decisions are final. The 

CDFI Fund will not discuss the specifics 

of an Applicant’s FY 2018 BEA Program 

Application or provide reasons why an 

Applicant was not selected to receive a 

BEA Program Award. The CDFI Fund 

will only respond to general questions 

regarding the FY 2018 BEA Program 

Application and award decision process 

until 30 days after the award 

announcement date. 

C. Anticipated Announcement and 

Federal Award Dates: The CDFI Fund 

anticipates making its FY 2018 BEA 

Program award announcement in the 

winter of 2018. The Federal Award Date 

shall be the date that the CDFI Fund 

executes the Award Agreement. 

VI. Federal Award Administration 

Information 

A. Federal Award Notices: The CDFI 

Fund will notify an Applicant of its 

selection as a Recipient by delivering a 

notification or letter. The Award 

Agreement will contain the general 

terms and conditions governing the 

CDFI Fund’s provision of an Award. 

The Award Recipient will receive a 

copy of the Award Agreement via AMIS. 

The Recipient is required to sign the 

Award Agreement via an electronic 

signature in AMIS. The CDFI Fund will 

subsequently execute the Award 

Agreement. Each Recipient must also 

ensure that complete and accurate 

banking information is reflected in its 

SAM account at www.sam.gov in order 

to receive its award payment. 

B. Administrative and National Policy 

Requirements: If, prior to entering into 

an Award Agreement, information 

(including an administrative error) 

comes to the CDFI Fund’s attention that 

adversely affects: The Recipient’s 

eligibility for an award; the CDFI Fund’s 

evaluation of the Application; the 

Recipient’s compliance with any 

requirement listed in the Uniform 

Requirements; or indicates fraud or 

mismanagement on the Recipient’s part, 

the CDFI Fund may, in its discretion 

and without advance notice to the 

Recipient, terminate the award or take 

other actions as it deems appropriate. 

If the Recipient’s certification status 

as a CDFI changes, the CDFI Fund 

reserves the right, in its sole discretion, 

to re-calculate the award, and modify 

the Award Agreement based on the 

Recipient’s non-CDFI status. 

By executing an Award Agreement, 

the Recipient agrees that, if the CDFI 

Fund becomes aware of any information 

(including an administrative error) prior 

to the effective date of the Award 

Agreement that either adversely affects 

the Recipient’s eligibility for an award, 

or adversely affects the CDFI Fund’s 

evaluation of the Recipient’s 

Application, or indicates fraud or 

mismanagement on the part of the 

Recipient, the CDFI Fund may, in its 

discretion and without advance notice 

to the Recipient, terminate the Award 

Agreement or take other actions as it 

deems appropriate. 

The CDFI Fund reserves the right, in 

its sole discretion, to rescind an award 

if the Recipient fails to return the Award 

Agreement, signed by the authorized 

representative of the Recipient, and/or 

provide the CDFI Fund with any other 

requested documentation, within the 

CDFI Fund’s deadlines. 

In addition, the CDFI Fund reserves 

the right, in its sole discretion, to 

terminate and rescind the Award 

Agreement and the award made under 

this NOFA for any criteria described in 

the following table: 


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TABLE 6—CRITERIA THAT MAY RESULT IN AWARD TERMINATION PRIOR TO THE EXECUTION OF AN AWARD AGREEMENT

Criteria Description 

Failure to meet reporting requirements.If an Applicant is a prior CDFI Fund Recipient or allocatee under any CDFI Fund program and is not current on 

the reporting requirements set forth in the previously executed assistance, award, allocation, bond loan agreement(s), or agreement to guarantee, the CDFI Fund reserves the right, in its sole discretion, to delay entering 

into an Award Agreement and/or to delay making a disbursement of Award proceeds, until said prior Recipient 

or allocatee is current on the reporting requirements in the previously executed assistance, award, allocation, 

bond loan agreement(s), or agreement to guarantee. Please note that automated systems employed by the 

CDFI Fund for receipt of reports submitted electronically typically acknowledge only a report’s receipt; such acknowledgment does not warrant that the report received was complete and therefore met reporting requirements. If said prior Recipient or allocatee is unable to meet this requirement within the timeframe set by the 

CDFI Fund, the CDFI Fund reserves the right, in its sole discretion, to terminate and rescind the award made 

under this NOFA. 

Pending resolution of noncompliance.If at any time prior to entering into an Award Agreement under this NOFA, an Applicant that is a prior CDFI Fund 

Recipient or allocatee under any CDFI Fund program: (i) Has submitted reports to the CDFI Fund that demonstrate noncompliance with a previous assistance, award, allocation agreement, bond loan agreement, or 

agreement to guarantee, but (ii) the CDFI Fund has yet to make a final determination regarding whether or not 

the entity is in default of its previous assistance, award, allocation, bond loan agreement, or agreement to guarantee, the CDFI Fund reserves the right, in its sole discretion, to delay entering into an Award Agreement and/ 

or to delay making a disbursement of award proceeds, pending full resolution, in the sole determination of the 

CDFI Fund, of the noncompliance. 

If said prior Recipient or allocatee is unable to meet this requirement, in the sole determination of the CDFI Fund, 

the CDFI Fund reserves the right, in its sole discretion, to terminate and rescind the award made under this 

NOFA. 

Default status ....................... If prior to entering into an Award Agreement under this NOFA: (i) The CDFI Fund has made a final determination 

that an Applicant that is a prior CDFI Fund Recipient or allocatee under any CDFI Fund program whose award 

or allocation terminated in default of such prior agreement; (ii) the CDFI Fund has provided written notification 

of such determination to such organization; and (iii) the anticipated date for entering into the Award Agreement 

under this NOFA is within a period of time specified in such notification throughout which any new award, allocation, assistance, bond loan agreement(s), or agreement to guarantee is prohibited, the CDFI Fund reserves 

the right, in its sole discretion, to terminate and rescind the Award Agreement and the award made under this 

NOFA. 

Compliance with Federal civil 

rights requirements.

If prior to entering into an Award Agreement under this NOFA, the Recipient receives a final determination, made 

within the last three years, in any proceeding instituted against the Recipient in, by, or before any court, governmental, or administrative body or agency, declaring that the Recipient has violated the following laws: Title 

VI of the Civil Rights Act of 1964, as amended (42 U.S.C. 2000d); Section 504 of the Rehabilitation Act of 

1973 (29 U.S.C. 794); the Age Discrimination Act of 1975, (42 U.S.C. 6101–6107), and Executive Order 13166, 

Improving Access to Services for Persons with Limited English Proficiency, the CDFI Fund will terminate and 

rescind the Assistance Agreement and the award made under this NOFA. 

Do Not Pay ........................... The Do Not Pay Business Center was developed to support Federal agencies in their efforts to reduce the number of improper payments made through programs funded by the Federal government. 

The CDFI Fund reserves the right, in its sole discretion, to rescind an award if the Recipient is identified as ineligible to be a Recipient per the Do Not Pay database. 

Safety and Soundness ......... If it is determined the Recipient is or will be incapable of meeting its award obligations, the CDFI Fund will deem 

the Recipient to be ineligible or require it to improve safety and soundness conditions prior to entering into an 

Award Agreement. 

C. Award Agreement: After the CDFI 

Fund selects a Recipient, unless an 

exception detailed in this NOFA 

applies, the CDFI Fund and the 

Recipient will enter into an Award 

Agreement. The Award Agreement will 

set forth certain required terms and 

conditions of the award, which will 

include, but not be limited to: (i) The 

amount of the award; (ii) the approved 

uses of the award; (iii) the performance 

goals and measures; (iv) the 

performance periods; and (v) the 

reporting requirements. The Award 

Agreement shall provide that a 

Recipient shall: (i) Carry out its 

Qualified Activities in accordance with 

applicable law, the approved 

Application, and all other applicable 

requirements; (ii) not receive any 

disbursement of award dollars until the 

CDFI Fund has determined that the 

Recipient has fulfilled all applicable 

requirements; and (iii) use the BEA 

Program Award amount for Qualified 

Activities. Recipients which committed 

to serving PPCs will have their PPC 

commitment incorporated into their 

Award Agreement as a performance goal 

which will be subject to compliance and 

reporting requirements. 

D. Reporting: Through this NOFA, the 

CDFI Fund will require each Recipient 

to account for and report to the CDFI 

Fund on the use of the award. This will 

require Recipients to establish 

administrative controls, subject to 

applicable OMB Circulars. The CDFI 

Fund will collect information from each 

such Recipient on its use of the award 

at least once following the award and 

more often if deemed appropriate by the 

CDFI Fund in its sole discretion. The 

CDFI Fund will provide guidance to 

Recipients outlining the format and 

content of the information required to 

be provided to describe how the funds 

were used. 

The CDFI Fund may collect 

information from each Recipient 

including, but not limited to, an Annual 

Report with the following components: 


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TABLE 7—REPORTING REQUIREMENTS

Criteria Description 

Single Audit Narrative Report (or 

like report).

For each year of its performance period, the Recipient, must answer in the Financial Report section in AMIS, as to whether it is 

required to have a single audit pursuant to OMB Single Audit requirements. 

Use of BEA Program Award Report—for all Recipients.Recipients must submit the Use of Award report to the CDFI Fund via AMIS. 

Use of BEA Program Award Report—Funds Deployed in Persistent Poverty Counties.The CDFI Fund will require each Recipient with Persistent Poverty County commitments to report data for Award funds deployed 

in persistent poverty counties and maintain proper supporting documentation and records which are subject to review by the 

CDFI Fund. 

Explanation of Noncompliance 

(as applicable) or successor 

report.

If the Recipient fails to meet a Performance Goal or reporting requirement, it must submit the Explanation of Noncompliance via

AMIS. 

Each Recipient is responsible for the 

timely and complete submission of the 

reporting requirements. The CDFI Fund 

reserves the right to contact the 

Recipient to request additional 

information and documentation. The 

CDFI Fund may consider financial 

information filed with Federal 

regulators during its compliance review. 

The CDFI Fund will use such 

information to monitor each Recipient’s 

compliance with the requirements in 

the Award Agreement and to assess the 

impact of the BEA Program. The CDFI 

Fund reserves the right, in its sole 

discretion, to modify these reporting 

requirements if it determines it to be 

appropriate and necessary; however, 

such reporting requirements will be 

modified only after notice has been 

provided to Recipients. 

E. Financial Management and 

Accounting: The CDFI Fund will require 

Recipients to maintain financial 

management and accounting systems 

that comply with Federal statutes, 

regulations, and the terms and 

conditions of the award. These systems 

must be sufficient to permit the 

preparation of reports required by 

general and program specific terms and 

conditions, including the tracing of 

funds to a level of expenditures 

adequate to establish that such funds 

have been used according to the Federal 

statutes, regulations, and the terms and 

conditions of the award. 

Each of the Qualified Activities 

categories will be ineligible for indirect 

costs and an associated indirect cost 

rate. The cost principles used by 

Recipients must be consistent with 

Federal cost principles and support the 

accumulation of costs as required by the 

principles, and must provide for 

adequate documentation to support 

costs charged to the BEA Program 

Award. In addition, the CDFI Fund will 

require Recipients to: Maintain effective 

internal controls; comply with 

applicable statutes, regulations, and the 

Award Agreement; evaluate and 

monitor compliance; take action when 

not in compliance; and safeguard 

personally identifiable information. 

VII. Agency Contacts 

A. Questions Related to Application 

and Prior Recipient Reporting, 

Compliance and Disbursements: The 

CDFI Fund will respond to questions 

concerning this NOFA, the Application 

and reporting, compliance, or 

disbursements between the hours of 

9:00 a.m. and 5:00 p.m. Eastern Time, 

starting on the date that this NOFA is 

published through the date listed in 

Table 1. The CDFI Fund will post 

responses to frequently asked questions 

in a separate document on its website. 

Other information regarding the CDFI 

Fund and its programs may be obtained 

from the CDFI Fund’s website at https:// 

www.cdfifund.gov. 

The following table lists contact 

information for the CDFI Fund, 

Grants.gov and SAM: 

TABLE 8—CONTACT INFORMATION

Type of Question Telephone No. 

(not toll free) Electronic contact method 

BEA Program .............................................................................. 202–653–0421 BEA AMIS Service Request.

Certification, Compliance Monitoring, and Evaluation ................ 202–653–0423 BEA Compliance and Reporting AMIS Service Request. 

AMIS—IT Help Desk ................................................................... 202–653–0422 IT AMIS Service Request. 

Grants.gov Help Desk ................................................................. 800–518–4726 support@grants.gov. 

SAM.gov (Federal Service Desk) ............................................... 866–606–8220 Web form via https://www.fsd.gov/fsd-gov/login.do. 

B. Information Technology Support: 

People who have visual or mobility 

impairments that prevent them from 

using the CDFI Fund’s website should 

call (202) 653–0422 for assistance (this 

is not a toll free number). 

C. Communication with the CDFI 

Fund: The CDFI Fund will use its AMIS 

internet interface to communicate with 

Applicants and Recipients under this 

NOFA. Recipients must use AMIS to 

submit required reports. The CDFI Fund 

will notify Recipients by email using the 

addresses maintained in each 

Recipient’s AMIS account. Therefore, a 

Recipient and any Subsidiaries, 

signatories, and Affiliates must maintain 

accurate contact information (including 

contact person and authorized 

representative, email addresses, fax 

numbers, phone numbers, and office 

addresses) in their AMIS account(s). 

D. Civil Rights and Diversity: Any 

person who is eligible to receive 

benefits or services from CDFI Fund or 

Recipients under any of its programs is 

entitled to those benefits or services 

without being subject to prohibited 

discrimination. The Department of the 

Treasury’s Office of Civil Rights and 

Diversity enforces various Federal 

statutes and regulations that prohibit 

discrimination in financially assisted 

and conducted programs and activities 

of the CDFI Fund. If a person believes 

that s/he has been subjected to 

discrimination and/or reprisal because 

of membership in a protected group, 

s/he may file a complaint with: 

Associate Chief Human Capital Officer, 

Office of Civil Rights, and Diversity, 

1500 Pennsylvania Ave. NW, 

Washington, DC 20220 or (202) 622– 

1160 (not a toll-free number). 

VIII. Other Information 

A. Reasonable Accommodations: 

Requests for reasonable 


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accommodations under section 504 of 

the Rehabilitation Act should be 

directed to Mr. Jay Santiago, 

Community Development Financial 

Institutions Fund, U.S. Department of 

the Treasury, at SantiagoJ@cdfi.treas.gov 

no later than 72 hours in advance of the 

application deadline. 

B. Paperwork Reduction Act: Under 

the Paperwork Reduction Act (44 U.S.C. 

chapter 35), an agency may not conduct 

or sponsor a collection of information, 

and an individual is not required to 

respond to a collection of information, 

unless it displays a valid OMB control 

number. Pursuant to the Paperwork 

Reduction Act, the BEA Program 

funding Application has been assigned 

the following control number: 1559– 

0005. 

C. Application Information Sessions: 

The CDFI Fund may conduct webinars 

or host information sessions for 

organizations that are considering 

applying to, or are interested in learning 

about, the CDFI Fund’s programs. For 

further information, please visit the 

CDFI Fund’s website at https://

www.cdfifund.gov. 

Authority: 12 U.S.C. 1834a, 4703, 4703 

note, 4713; 12 CFR part 1806. 

Mary Ann Donovan, 

Director, Community Development Financial 

Institutions Fund. 

[FR Doc. 2018–15618 Filed 7–20–18; 8:45 am] 

BILLING CODE 4810–70–P 

DEPARTMENT OF VETERANS 

AFFAIRS 

[OMB Control No. 2900–0793] 

Agency Information Collection Activity 

Under OMB Review: VA Health 

Professional Scholarship and Visual 

Impairment and Orientation and 

Mobility Professional Scholarship 

Programs 

AGENCY: Veterans Health 

Administration, Department of Veterans 

Affairs. 

ACTION: Notice. 

SUMMARY: In compliance with the 

Paperwork Reduction Act (PRA) of 

1995, this notice announces that the 

Veterans Health Administration, 

Department of Veterans Affairs, will 

submit the collection of information 

abstracted below to the Office of 

Management and Budget (OMB) for 

review and comment. The PRA 

submission describes the nature of the 

information collection and its expected 

cost and burden and it includes the 

actual data collection instrument. 

DATES: Comments must be submitted on 

or before August 22, 2018. 

ADDRESSES: Submit written comments 

on the collection of information through 

www.Regulations.gov, or to Office of 

Information and Regulatory Affairs, 

Office of Management and Budget, Attn: 

VA Desk Officer; 725 17th St. NW, 

Washington, DC 20503 or sent through 

electronic mail to oira_submission@

omb.eop.gov. Please refer to ‘‘OMB 

Control No. 2900–0793’’ in any 

correspondence. 

FOR FURTHER INFORMATION CONTACT: 

Cynthia Harvey-Pryor, Office of Quality, 

Privacy and Risk (OQPR), Department of 

Veterans Affairs, 810 Vermont Avenue 

NW, Washington, DC 20420, (202) 461– 

5870 or email cynthia.harvey-pryor@

va.gov. Please refer to ‘‘OMB Control 

No. 2900–0793’’ in any correspondence. 

SUPPLEMENTARY INFORMATION: 

Authority: 38 U.S.C. 7601 through 7619, 

and 38 U.S.C. 7501 through 7505. 

Title: 

1. Academic Verification, VA Form 10– 

0491 

2. Addendum to Application, VA Form 

10–0491a 

3. Annual VA Employment Deferment 

Verification, VA Form 10–0491c 

4. Education Program Completion 

Notice Service Obligation 

Placement, VA Form 10–0491d 

5. Evaluation Recommendation Form, 

VA Form 10–0491e 

6. HPSP Agreement, VA Form 10–0491f 

7. HPSP/OMPSP Application, VA Form 

10–0491g 

8. Notice of Approaching Graduation, 

VA Form 10–0491h 

9. Notice of Change and/or Annual 

Academic Status Report, VA Form 

10–0491i 

10. Request for Deferment for Advanced 

Education, VA Form 10–0491j 

11. VA Scholarship Offer Response, VA 

Form 10–0491k 

12. VIOMPSP Agreement, VA Form 10– 

0491l 

13. Mobility Agreement, VA Form 10– 

0491m 

OMB Control Number: 2900–0793. 

Type of Review: Revision of a 

currently approved collection. 

Abstract: The information required 

determines the eligibility or suitability 

of an applicant desiring to receive an 

award under the provisions of 38 U.S.C. 

7601 through 7619, and 38 U.S.C. 7501 

through 7505. The information is 

needed to apply for the VA Health 

Professional Scholarship Program or 

Visual Impairment and Orientation and 

Mobility Professional Scholarship 

Program. The VA Health Professional 

Scholarship Program awards 

scholarships to students receiving 

education or training in a direct or 

indirect healthcare services discipline to 

assist in providing an adequate supply 

of such personnel for VA and for the 

United States. The Visual Impairment 

and Orientation and Mobility 

Professional Scholarship Program 

awards scholarships to students 

pursuing a program of study leading to 

a degree in visual impairment or 

orientation and mobility in order to 

increase the supply of qualified blind 

rehabilitation specialists for VA and the 

Nation. 

An agency may not conduct or 

sponsor, and a person is not required to 

respond to a collection of information 

unless it displays a currently valid OMB 

control number. The Federal Register 

Notice with a 60-day comment period 

soliciting comments on this collection 

of information was published at 83 FR 

16925 on April 17, 2018, pages 16925 

through 16927. 

Affected Public: Individuals or 

Households. 

ESTIMATE OF THE HOUR BURDEN FOR THE COLLECTION OF INFORMATION

VA Forms: Number of 

respondents 

× Number of 

responses Equals × Number of minutes 

Equals 

(minutes) ÷ by 60 = Number of hours 

Applicants 

10–0491g—Application ................................................................ 1,500 1 1,500 60 90,000 ................. 1,500 

10–0491—Academic Verification ................................................ 1,500 1 1,500 60 90,000 ................. 1,500 

10–0491e—Evaluation & Recommendation ............................... 1,500 2 3,000 50 150,000 ................. 2,500 

10–0491a—Addendum to Application ......................................... 450 (30%) 1 450 10 4,500 ................. 75 

Total ...................................................................................... .................... .................... .................... .................... .................... ................. 5,575 


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