8328 Federal Register / Vol. 81, No. 32 / Thursday, February 18, 2016 / Notices 

actions subject to U.S.C § 139(l)(1) by 

issuing licenses, permits, and approvals 

for the Centennial Corridor Project in 

the State of California. 

Caltrans, in cooperation with the City 

of Bakersfield, proposes to construct a 

freeway on a new alignment for State 

Route 58 and make improvements to the 

existing State Route 99. The new 

alignment for State Route 58 will 

provide a continuous route along State 

Route 58 from Cottonwood Road (post 

mile R55.6) on existing State Route 58 

(East), east of State Route 99 to Interstate 

5 (post mile T31.7). Improvements to 

State Route 99 from Wilson Road (post 

mile 21.2) to Gilmore Avenue (post mile 

26.2) will also be required for the 

connection with State Route 58. The 

project is intended to provide route 

continuity and associated traffic 

congestion relief. The Federal ID 

number for the Centennial Corridor 

Project is NCIIP 5109 (106). 

The actions by the Federal agencies, 

and the laws under which such actions 

were taken, are described in the Final 

Environmental Impact Statement (FEIS) 

for the project, approved on December 

4, 2015, in the Record of Decision (ROD) 

issued on February 8, 2016, and in other 

documents in the FHWA project 

records. The FEIS, ROD and other 

project records are available by 

contacting Caltrans at the address 

provided above. The Caltrans FEIS and 

ROD can be viewed and downloaded 

from the project Web site at: http://dot.

ca.gov/dist6/environmental/projects/

centennial/Environmental

Documents.html or viewed at public 

libraries in the project area. This notice 

applies to all Federal agency decisions 

as of the issuance date of this notice and 

all laws under which such actions were 

taken, including but not limited to: 

1. National Environmental Policy Act 

(NEPA) [42 U.S.C. 4321–4351]; FederalAid Highway Act [23 U.S.C. 109 and 23 

U.S.C. 128]. 

2. Clean Air Act [42 U.S.C. 7401– 

7671(q)]. 

3. Section 4(f) of the U.S. Department 

of Transportation Act of 1966 [49 U.S.C. 

303]. 

4. Endangered Species Act [16 U.S.C. 

1531–1544 and Section 1536], Fish and 

Wildlife Coordination Act [16 U.S.C. 

661–667(d)], Migratory Bird Treaty Act 

[16 U.S.C. 703–712]. 

5. Section 106 of the National Historic 

Preservation Act of 1966, as amended 

[16 U.S.C. 470(f) et seq.]; Archeological 

Resources Protection Act of 1977 [16 

U.S.C. 470(aa)–11]; Archeological and 

Historic Preservation Act [16 U.S.C. 

469–469(c)]; Native American Grave 

Protection and Repatriation Act 

(NAGPRA) [25 U.S.C. 3001–3013]. 

6. Land and Water Conservation Fund 

(LWCF) [16 U.S.C. 4601–4604]; Clean 

Water Act 33 U.S.C. 1251–1387. 

7. Farmland Protection Policy Act [7 

U.S.C. 4201–4209 and its regulations]. 

8. E.O. 11990 Protection of Wetlands; 

E.O. 11988 Floodplain Management; 

E.O. 12898, Federal Actions to Address 

Environmental Justice in Minority 

Populations and Low Income 

Populations; E.O. 11593 Protection and 

Enhancement of Cultural Resources; 

E.O. 13112 Invasive Species. 

(Catalog of Federal Domestic Assistance 

Program Number 20.205, Highway Planning 

and Construction. The regulations 

implementing Executive Order 12372 

regarding intergovernmental consultation on 

Federal programs and activities apply to this 

program.) 

Authority: 23 U.S.C. 139(l)(1) 

Issued on: February 11, 2016. 

Gary Sweeten, 

North Team Leader, Project Delivery, Federal 

Highway Administration, Sacramento, 

California. 

[FR Doc. 2016–03306 Filed 2–17–16; 8:45 am] 

BILLING CODE 4910–RY–P 

DEPARTMENT OF THE TREASURY 

Community Development Financial 

Institutions Fund 

Community Development Financial 

Institutions Program (CDFI Program) 

FY 2016 Funding Round 

Funding Opportunity Title: Notice of 

Funds Availability (NOFA) inviting 

Applications for Financial Assistance 

(FA) awards or Technical Assistance 

(TA) grants under the Community 

Development Financial Institutions 

Program (CDFI Program) fiscal year (FY) 

2016 Funding Round. 

Announcement Type: Announcement 

of funding opportunity. 

Funding Opportunity Number: CDFI– 

2016–FATA. 

Catalog of Federal Domestic 

Assistance (CFDA) Number: 21.020. 

KEY DATES: 

TABLE 1—FY 2016 CDFI PROGRAM FUNDING ROUND CRITICAL DEADLINES FOR APPLICANTS

Description Deadline Time (eastern daylight 

time—EDT) Submission method 

CDFI Certification Applications .................. March 18, 2016 ................. 5:00 p.m. EDT ................... Award Management Information System 

(AMIS). 

SF424 (Application for Federal Assistance).March 18, 2016 ................. 11:59 p.m. EDT ................. Electronically via Grants.gov. 

Last day to contact CDFI Program staff ... April 15, 2016 .................... 5:00 p.m. EDT ................... CDFI Fund Helpdesk: 202–653–0421 or 

cdfihelp@cdfi.treas.gov. 

CDFI Program Application for Financial 

Assistance (FA) or Technical Assistance (TA).

April 18, 2016 .................... 11:59 p.m. EDT ................. Electronically via Awards Management 

Information System (AMIS). 

Executive Summary: Through the 

CDFI Program, the CDFI Fund provides 

(i) FA awards of up to $2 million to 

Certified Community Development 

Financial Institutions (CDFIs) to build 

their financial capacity to lend to their 

Target Markets, and (ii) TA grants of up 

to $125,000 to build Certified, 

Certifiable, and Emerging CDFIs’ 

organizational capacity to serve their 

Target Markets. All awards provided 

through this NOFA are subject to 

funding availability. 

I. Program Description 

A. History: The CDFI Fund was 

established by the Riegle Community 

Development Banking and Financial 

Institutions 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 over 

$2 billion to CDFIs, community 

development organizations, and 

financial institutions through the 

Community Development Financial 

Institutions Program (CDFI Program), 

the Native American CDFI Assistance 

Program (NACA Program), the Bank 

Enterprise Award Program (BEA 

Program), the Capital Magnet Fund, and 

the Financial Education and Counseling 

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Pilot Program. In addition, the CDFI 

Fund has allocated more than $43 

billion in tax credit allocation authority 

through the New Markets Tax Credit 

Program (NMTC Program) and has 

obligated $852 million in bond 

guarantees to Eligible CDFIs through the 

CDFI Bond Guarantee Program. 

B. Priorities: Through the CDFI 

Program’s FA awards and TA grants, the 

CDFI Fund invests in and builds the 

capacity of for-profit and non-profit 

community based lending organizations 

known as Community Development 

Financial Institutions, or CDFIs. These 

organizations, Certified as CDFIs by the 

CDFI Fund, serve rural and urban lowincome people and communities across 

the nation that lack adequate access to 

affordable financial products and 

services. 

C. Authorizing Statutes and 

Regulations: The CDFI Program is 

authorized by the Riegle Community 

Development Banking and Financial 

Institutions Act of 1994 (Pub. L. 103– 

325, 12 U.S.C. 4701 et seq.). The 

regulations governing the CDFI Program 

are found at 12 CFR parts 1805 and 1815 

(the Regulations) and set forth 

evaluation criteria and other program 

requirements. The CDFI Fund 

encourages Applicants to review the 

Regulations, this NOFA, the 

Application, and the Uniform 

Administrative Requirements, Cost 

Principles, and Audit Requirements for 

Federal Awards (2 CFR part 200; 78 FR 

78590) (Uniform Administrative 

Requirements) for a complete 

understanding of the program. 

Capitalized terms in this NOFA are 

defined in the authorizing statute, the 

Regulations, this NOFA, the 

Application, or the Uniform 

Administrative Requirements. Details 

regarding Application content 

requirements are found in the 

Application and related materials. 

D. Uniform Administrative 

Requirements, Cost Principles, and 

Audit Requirements for Federal Awards 

(2 CFR part 200): The Uniform 

Administrative Requirements codifies 

financial, administrative, procurement, 

and program management standards 

that Federal award agencies 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 

single audit findings. In addition, the 

Uniform Administrative Requirements 

include guidance on audit requirements 

and other award compliance 

requirements for award Recipients. 

E. 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. 

II. Federal Award Information 

A. Funding Availability: 

1. FY 2016 Funding Round: The CDFI 

Fund expects to award, through this 

NOFA, approximately $175 million as 

indicated in the following table: 

TABLE 2—FY 2016 FUNDING ROUND ANTICIPATED CATEGORY AMOUNTS

Funding categories 

(see definition in Table 7) 

Estimated total 

amount to be 

awarded 

(millions) 

Award amount Estimated 

number of 

awards 

Average 

amount 

awarded in 

FY 2015 Minimum Maximum 

FA: Category I/Small and/or Emerging CDFI Assistance 

(SECA) ............................................................................. $19 $100,000 $700,000 36 $521,300 

FA: Category II/Core ............................................................ 130 100,000 2,000,000 87 1,486,400 

TA ......................................................................................... 4 10,000 125,000 33 121,500 

Healthy Food Financing Initiative—Financial Assistance 

(HFFI–FA) * ....................................................................... 22 500,000 5,000,000 11 2,000,000 

Total .............................................................................. 175 ........................ ........................ 167 ........................

* HFFI–FA appropriation will be allocated in one competitive round between the NACA and CDFI Program NOFAs. 

The CDFI Fund reserves the right to 

award more or less than the amounts 

cited above in each category, based 

upon available funding and other 

factors, as appropriate. 

2. Funding Availability for the FY 

2016 Funding Round: Funds for the FY 

2016 Funding Round were appropriated 

in the Consolidated Appropriations Act, 

2016 (Pub. L. 114–113). 

3. Anticipated Start Date and Period 

of Performance: The CDFI Fund 

anticipates the period of performance 

for the FY 2016 Funding Round will 

begin in late September 2016. 

Specifically, the period of performance 

for TA grants begins with the date of the 

notice of the award and includes an 

award Recipient’s two full consecutive 

fiscal years after the date of the notice 

of the award, during which the 

Recipient must meet the performance 

goals set forth in the Assistance 

Agreement. The period of performance 

for FA awards includes an award 

Recipient’s three full consecutive fiscal 

years after the date of the notice of the 

award, during which time the Recipient 

must meet its performance goals. 

B. Types of Awards: Through the 

CDFI Program, the CDFI Fund provides 

two types of awards: Financial 

Assistance (FA) and Technical 

Assistance (TA) awards. An Applicant 

may submit an Application for a TA 

grant or an FA award, but not both. 

1. FA Awards: FA awards can be in 

the form of loans, grants, Equity 

Investments, deposits and credit union 

shares. The form of the FA award is 

based on the form of the matching funds 

that the Applicant includes in its 

Application, unless Congress waives the 

matching funds requirement. Matching 

funds are required for FA awards, must 

be from non-Federal sources, and 

cannot have been used as matching 

funds for any other Federal award. The 

CDFI Fund reserves the right, in its sole 

discretion, to provide an FA award in an 

amount other than that which the 

Applicant requests; however, the award 

amount will not exceed the Applicant’s 

award request as stated in its 

Application. 

2. Healthy Food Financing Initiative— 

Financial Assistance (HFFI–FA) 

Awards: HFFI–FA awards will be 

provided as a supplement to FA awards; 

therefore, only those Applicants that 

have been selected to receive an FA 

award through the CDFI Program FY 

2016 Funding Round will be eligible to 

receive an HFFI–FA award. HFFI–FA 

awards can be in the form of loans, 

grants, Equity Investments, deposits and 

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credit union shares. The form of the 

HFFI–FA award is based on the form of 

the matching funds that the Applicant 

includes in its Application, unless 

Congress waives the matching funds 

requirement. Matching funds are 

required for HFFI–FA awards, must be 

from non-Federal sources, and cannot 

have been used as matching funds for 

any other Federal award. The CDFI 

Fund reserves the right, in its sole 

discretion, to provide an HFFI–FA 

award in an amount other than that 

which the Applicant requests; however, 

the award amount will not exceed the 

Applicant’s award request as stated in 

its Application. 

3. TA Grants: TA is provided in the 

form of grants. The CDFI Fund reserves 

the right, in its sole discretion, to 

provide a TA grant in an amount other 

than which the Applicant requests; 

however, the TA grant amount will not 

exceed the Applicant’s request as stated 

in its Application and the applicable 

budget chart. 

C. Eligible Activities: 

1. FA Awards: 

FA and HFFI–FA award funds can be 

expended for activities in the following 

five categories: (i) Financial Products; 

(ii) Financial Services; (iii) Loan Loss 

Reserves; (iv) Development Services; 

and (v) Capital Reserves. FA awards can 

only be used for direct costs associated 

with an eligible activity; no indirect 

expenses are allowed. Up to 15 percent 

of the FA award can be used for Direct 

Administrative Expenses associated 

with an eligible FA activity. For 

purposes of this NOFA, the five eligible 

activity categories are defined as 

follows: 

TABLE 3—FA AND HFFI–FA ELIGIBLE ACTIVITY CATEGORIES

FA eligible activity FA eligible activity definition Eligible CDFI institution types 

i. Financial Products ................................... FA expended as loans, Equity Investments and similar 

financing activities (as determined by the CDFI Fund) 

including the purchase of loans originated by certified 

CDFIs and the provision of loan guarantees; in the 

case of CDFI Intermediaries, Financial Products may 

also include loans to CDFIs and/or emerging CDFIs 

and deposits in Insured Credit Union CDFIs, emerging Insured Credit Union CDFIs, and/or State-Insured 

Credit Union CDFIs.

All. 

ii. Financial Services .................................. FA expended for providing checking, savings accounts, 

check cashing, money orders, certified checks, automated teller machines, deposit taking, safe deposit 

box services, and other similar services.

Insured Depository Institutions only. 

iii. Loan Loss Reserves .............................. FA set aside in the form of cash reserves, or through 

accounting-based accrual reserves, to cover losses 

on loans, accounts, and notes receivable made in the 

Applicant’s Target Market, or for related purposes 

that the CDFI Fund deems appropriate.

All. 

iv. Development Services ........................... FA expended for activities undertaken by a CDFI, its 

Affiliate or contractor that promote community development and shall prepare or assist current or potential borrowers or investees to use the CDFI’s Financial Products or Financial Services. For example, 

such activities include, financial or credit counseling; 

homeownership counseling; and business planning 

and management assistance.

All. 

v. Capital Reserves .................................... FA set aside as reserves to support the Applicant’s 

ability to leverage other capital, for such purposes as 

increasing its net assets or serving the financing 

needs of its Target Market, or for related purposes as 

the CDFI Fund deems appropriate.

Insured Depository Institutions only. 

2. TA Grants: 

TA grant funds can be expended for 

the following seven eligible activity 

categories: (i) Compensation—personal 

services; (ii) Compensation—fringe 

benefits; (iii) Professional Service Costs; 

(iv) Travel Costs; (v) Training and 

Education Costs; (vi) Equipment and 

other capital expenditures; and (vii) 

Supplies. Each of the eligible activity 

categories will not be authorized for 

indirect costs and an associated indirect 

cost rate. For purposes of this NOFA, 

the seven eligible activity categories are 

defined as follows: 

TABLE 4—TA ELIGIBLE ACTIVITY CATEGORIES

(i) Compensation—personal services ................. TA paid to cover salaries of the Applicant’s personnel that are paid currently or accrued by the 

Applicant for work performed directly related to carrying out the purpose of the TA grant (including activities related to becoming certified as a CDFI), subject to the applicable provisions of the Uniform Administrative Requirements. 

(ii) Compensation—fringe benefits ...................... TA paid to cover costs of the Applicant’s personnel employment (other than the employees’ 

salaries income) in proportion to the salary charged to the TA grant, to the extent that such 

payments are made under formally established and consistently applied organizational policies, subject to the applicable provisions of the Uniform Administrative Requirements. 

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TABLE 4—TA ELIGIBLE ACTIVITY CATEGORIES—Continued 

(iii) Professional service costs ............................. TA used to pay for professional and consultant services rendered by persons who are members of a particular profession or possess a special skill, and who are not officers or employees of the Recipient, subject to the applicable provisions of the Uniform Administrative 

Requirements. Payment for a consultant’s services may not exceed the daily equivalent of 

the current maximum rate paid to an Executive Schedule Level IV Federal employee. 

(iv) Travel costs ................................................... TA used to pay expenses for transportation, lodging, subsistence, and related items incurred 

by the Applicant’s personnel who are on travel status on business related to the TA grant, 

subject to the applicable provisions of the Uniform Administrative Requirements. 

(v) Training and education costs ......................... TA used to pay the cost of training and education provided for employee development, subject 

to the applicable provisions of the Uniform Administrative Requirements. 

(vi) Equipment ..................................................... TA used to pay for tangible personal property, having a useful life of more than one year and 

a per-unit acquisition cost of at least $5,000 and subject to the applicable provisions of the 

Uniform Administrative Requirements. Examples include office equipment, furnishings, and 

information technology equipment and systems. 

(vii) Supplies ........................................................ TA used to pay for tangible personal property with a per unit acquisition of less than $5,000 

and subject to the applicable provisions of the Uniform Administrative Requirements. 

III. Eligibility Information 

A. Eligible Applicants: For the 

purposes of this NOFA, the following 

tables set forth the eligibility criteria to 

be in contention to receive an award 

from the CDFI Fund, along with certain 

definitions of terms. There are four 

categories of Applicant eligibility 

criteria: (1) CDFI certification criteria 

(Table 5); (2) requirements that apply to 

all Applicants (Table 6); (3) 

requirements that apply to TA 

Applicants (Table 7); and (4) 

requirements that apply to FA 

Applicants (Table 8). 

TABLE 5—CDFI CERTIFICATION CRITERIA DEFINITIONS

Certified CDFI ...................................................... • An entity that the CDFI Fund has officially notified that it meets all CDFI certification requirements. 

Certifiable CDFI (FA Applicants) ......................... • An entity that has submitted a CDFI Certification Application to the CDFI Fund demonstrating that it meets the CDFI certification requirements but which has not yet been officially certified. (See Table 11 for application submission deadlines.) 

• The CDFI Fund will not enter into an Assistance Agreement or make an FA award payment 

unless and until an Applicant is a Certified CDFI. 

Emerging CDFI (TA Applicants) .......................... • A non-Certified entity that has not submitted a CDFI Certification Application but demonstrates to the CDFI Fund in its Application that it has an acceptable plan to meet certification requirements by the end of its period of performance, or another date that the CDFI 

Fund selects. 

• An Emerging CDFI that has prior award(s) will be held to the CDFI certification performance 

goal and measure(s) stated in its prior Assistance Agreement(s). 

• Emerging CDFIs may only apply for TA grants; they are not eligible to apply for FA awards. 

• Each Emerging CDFI selected to receive a TA grant will be required to become a Certified 

CDFI by a date specified in the Assistance Agreement. 

TABLE 6—ELIGIBILITY REQUIREMENTS FOR ALL APPLICANTS

Applicant .............................................................. • Only the entity that will carry out the proposed award activities can apply for an award (e.g., 

the intended award Recipient). 

• The information in the Application should only reflect the activities of the Applicant, including 

the presentation of financial and portfolio information. Do not include financial or portfolio information from parent companies, Affiliates, or Subsidiaries in the Application unless it relates to the provision of Development Services. 

• An Applicant that applies on behalf of another organization will be rejected without further 

consideration, except for Depository Institution Holding Companies (see below). 

Application type and submission overview 

through Grants.gov and Awards Management 

Information System (AMIS).

• Applicants must submit the required application documents listed in Table 10. 

• The CDFI Fund will only accept Applications that use the official application templates provided on the Grants.gov and AMIS websites. Applications submitted with alternative or altered templates will not be considered. 

• Applicants have a two-step process that requires the submission of application documents 

on two separate deadlines and locations: (1) Grants.gov and (2) AMIS. 

Æ Grants.gov: Applicants must submit the OMB SF–424, Application for Federal Assistance. 

Æ AMIS: Applicants must submit all other required application materials. 

Æ All Applicants must register in the Grants.gov and AMIS systems to successfully submit 

an application. The CDFI Fund strongly encourages applicants to register early as possible. 

• Grants.gov and the SF–424: 

Æ The SF–424 must be submitted in Grants.gov on or before March 18, 2016, the deadline listed in Table 1 and Table 11. Applicants are strongly encouraged to submit their 

SF–424 as early as possible in the Grants.gov portal. 

Æ The deadline for the Grants.gov submission is before the AMIS deadline. 

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TABLE 6—ELIGIBILITY REQUIREMENTS FOR ALL APPLICANTS—Continued 

Æ If the SF–424 is not accepted by Grants.gov by the deadline, the CDFI Fund will not 

review any material submitted in AMIS and the application will be deemed ineligible. 

• AMIS: 

Æ AMIS is a new enterprise-wide information technology system that is replacing the 

myCDFI Fund portal and which will be used to submit and store organization and application information with the CDFI Fund. 

Æ Applicants are only allowed one submission in AMIS. 

Æ Only the Authorized Representative or Application Point of Contact can submit the Application in AMIS. 

Æ All other required application materials must be submitted in AMIS on or before the 

deadline specified in Tables 1 and 11. 

Employer Identification Number (EIN) ................ • Applicants must have a unique EIN assigned by the IRS. 

• The CDFI Fund will reject an Application submitted with the EIN of a parent or Affiliate organization. 

DUNS number ..................................................... • Pursuant to OMB guidance (68 FR 38402), an Applicant must apply using its unique DUNS 

number in Grants.gov. 

• The CDFI Fund will reject an Application submitted with the DUNS number of a parent or 

Affiliate organization. 

Awards Management Information System 

(AMIS).

• Each Applicant must register as an organization in AMIS and submit all required application 

materials through the AMIS portal. 

• The Authorized Representative and/or Application point of contact must be included as 

‘‘users’’ in the Applicant’s AMIS account. 

• An Applicant that fails to properly register and update its AMIS account may miss important 

communication from the CDFI Fund or not be able to successfully submit an Application. 

501(c)(4) status ................................................... • Pursuant to 2 U.S.C. 1611, a 501(c)(4) any organization that engages in lobbying activities 

is not eligible for the receipt of a CDFI or NACA Program award. 

Compliance with Federal civil rights requirements.• An Applicant may not be eligible to receive an award if proceedings have been instituted 

against it in, by, or before any court, governmental agency, or administrative body, and a 

final determination within the last three years indicates the Applicant has violated any of 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. 

Depository Institution Holding Company Applicant.• In the case where a CDFI Depository Institution Holding Company Applicant intends to carry 

out the activities of an award through its CDFI Subsidiary Insured Depository Institution, the 

Application must be submitted by the CDFI Depository Institution Holding Company and reflect the activities and financial performance of the CDFI Subsidiary Insured Depository Institution. 

• Authorized representatives of both the Depository Institution Holding Company and the 

CDFI Subsidiary Insured Depository Institution must certify that the information included in 

the Application represents that of the CDFI Subsidiary Insured Depository Institution and 

that the award funds will be used to support the CDFI Subsidiary Insured Depository Institution for the eligible activities outlined in the Application. 

Insured CDFI—Insured Credit Union and Insured Depository Institution.• To be eligible for an award, each Insured Depository Institution Applicant must have a 

CAMELS/CAMEL (rating for banks and credit unions, respectively), by its Federal regulator 

of at least ‘‘4.’’ 

• Organizations with CAMELS/CAMEL ratings of ‘‘5’’ will not be eligible for awards. 

Use of award ....................................................... • All awards made through this NOFA must be used to support the Applicant’s activities in at 

least one of the FA or TA Eligible Activity Categories (see Section II.C). 

• Awards cannot be used to support the activities of, or otherwise be passed through, transferred, or co-awarded to, third-party entities, whether Affiliates, Subsidiaries, or others (except Depository Institution Holding Company Applicants.) 

Requested award amount for eligible activities .. • An Applicant must state its requested award amount and proposed eligible activities in the 

‘‘Award Request Table’’ of the Purpose section of the Application. 

• An Applicant that does not fully complete the ‘‘Award Request Table’’ of the Purpose Application section in the AMIS website will not be allowed to submit an Application. 

Pending resolution of noncompliance ................. • The CDFI Fund will consider an Application submitted by an Applicant that has pending 

noncompliance issues if the CDFI Fund has not yet made a final determination as to whether the Applicant is in default of any of its previously executed award agreement(s). 

Default or Noncompliance status ........................ • The CDFI Fund will not consider an Application submitted by an Applicant that has been 

notified by the CDFI Fund in writing that it is in default of a previously executed award 

agreement under any CDFI Fund program, at the time of the Application deadline, unless 

otherwise indicated by the CDFI Fund in writing. The CDFI Fund will not consider an Application submitted by an Applicant that has been notified by the CDFI Fund in writing that it is 

noncompliant with an FY 2015 award agreement, or with agreements for fiscal years thereafter, under any CDFI Fund program, at the time of the Application deadline, unless otherwise indicated by the CDFI Fund in writing. 

• The CDFI Fund will not consider any Applicant that has defaulted on a CDFI Program loan 

within five years of the Application deadline. 

Undisbursed award funds and calculations (general).• An Applicant that has funds from a prior award that have not been disbursed, as defined in 

(a)—(d) below, as of the Application deadline will not be eligible for an award. 

(a) The CDFI Fund will include the combined undisbursed award funds of the Applicant 

and its Affiliates. 

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TABLE 6—ELIGIBILITY REQUIREMENTS FOR ALL APPLICANTS—Continued 

(b) Balances on undisbursed award funds cannot exceed five percent of the combined 

BEA Program awards made to the Applicant in FYs 2012, 2013, and 2014. 

(c) Balances on undisbursed award funds cannot exceed five percent of the combined 

CDFI/NACA Program awards made to the Applicant in FYs 2012, 2013, and 2014. 

(d) The undisbursed award funds calculation does not include award funds for: (i) Which 

the Recipient has submitted a full and complete disbursement request before the Application deadline; (ii) an award that has been terminated or de-obligated; or (iii) an award 

that does not have a fully executed award agreement; and (iv) the tax credit allocation 

authority made available through the NMTC Program. 

TABLE 7—ELIGIBILITY REQUIREMENTS FOR TA APPLICANTS

CDFI certification status (1) Emerging CDFIs (see definitions in Table 5), or 

(2) Certifiable or Certified CDFIs (see Table 5) that meet the following criteria: 

(1) Have total assets * as of the end of the Applicant’s most recent fiscal year end in the following amounts: 

• Insured Depository Institutions and Depository Institution Holding Companies: up to $250 million 

• Insured Credit Unions: up to $10 million 

• Venture capital funds: up to $10 million 

• Other CDFIs: up to $5 million 

OR 

(2) Have begun operations ** on or after January 1, 2012. 

* ‘‘Total assets’’ is defined as the Total Assets of Fiscal Year End Date stated in the Applicant’s AMIS account and 

verified by internally prepared financial statements and/or audits. 

** ‘‘Have begun operations’’ is defined as the financing activity start date indicated in the Applicant’s AMIS account. 

Matching funds ............. • Matching funds documentation is not required for TA awards. 

Limitation on Awards .... • An Emerging CDFI will be allowed to receive no more than three TA awards as an uncertified CDFI. 

TABLE 8—ELIGIBILITY REQUIREMENTS FOR FA APPLICANTS

CDFI certification status • Each FA Applicant must be a Certified CDFI prior to the announcement of award decisions. 

• An Applicant that is in a cure period to remedy CDFI recertification deficiencies at the time of award announcements 

will not be eligible for an FA award under this NOFA. 

Matching funds documentation.• All Applicants must submit acceptable documentation that they have received or will receive matching funds. Applications that do not submit acceptable matching funds documentation will not be evaluated. 

• Awards will be limited to no more than two times the amount of In-Hand or Committed matching funds documentation provided at the time of Application. 

• Awards will be obligated in like form to the matching funds provided at time of Application. See Table 9. Matching 

Funds ‘‘Determination of Award Form’’ for additional guidance. 

• Award payments from the CDFI Fund will require eligible dollar-for-dollar In-Hand matching funds for the total payment amount. Recipients will not receive a payment until 100 percent of their matching funds are In-Hand. 

• The first payment is the estimated amount of award that the Recipient will use for eligible FA activities in the first 12 

months after the award. 

• The CDFI Fund will reduce and de-obligate the remaining balance of any Award that does not demonstrate full dollar-for-dollar matching funds equal to the announced award amount by the end of the Matching Funds Window. 

$5 Million funding cap .. • The CDFI Fund is prohibited from obligating more than $5 million in CDFI and NACA Program awards, in the aggregate, to any one organization and its Subsidiaries and Affiliates during any three-year period. 

• For purposes of this NOFA, the CDFI Fund will include CDFI and NACA Program final awards in the cap calculation 

that were provided to an Applicant (and/or its Subsidiaries or Affiliates) under the FY 2014, and 2015 funding 

rounds, as well as the requested FY 2016 award, excluding HFFI–FA awards. The CDFI Fund will make the FY 

2016 funding round award announcements after September 23, 2016. 

FA Category I (SECA) • To be an eligible SECA Applicant, an Applicant must meet the following criteria: 

(1) Be a Certified or Certifiable CDFI; 

(2) Request $700,000 or less in FA funds; AND EITHER 

(3) Have total assets * as of the end of the Applicant’s most recent fiscal year end in the following amounts: 

• Insured Depository Institutions and Depository Institution Holding Companies: up to $250 million. 

• Insured Credit Unions: Up to $10 million. 

• Venture capital funds: Up to $10 million. 

• Other CDFIs: Up to $5 million OR 

(4) Have begun operations ** on or after January 1, 2012. 

* ‘‘Total assets’’ is defined as the Total Assets of Fiscal Year End Date stated in the Applicant’s AMIS account and 

verified by internally prepared financial statements and/or audits. 

** ‘‘Have begun operations’’ is defined as the financing activity start date indicated in the Applicant’s AMIS account. 

FA Category II (Core) .. • A Core Applicant must be either a Certified or Certifiable CDFI as defined in Table 5. 

• An Applicant that meets the SECA requirements stated above, that requests more than $700,000 in award funds is 

categorized as an FA Category II (Core) Applicant, regardless of its total assets and/or years in operation. 

HFFI–FA ....................... • All HFFI–FA Applicants must: 

Æ Apply for an FA award; 

Æ Meet all FA award eligibility requirements; and 

Æ Complete and submit a CDFI/NACA Program Financial Assistance Application along with the HFFI–FA Narrative Application section at the time of Application; 

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TABLE 8—ELIGIBILITY REQUIREMENTS FOR FA APPLICANTS—Continued 

Æ Provide an HFFI–FA award request amount in the ‘‘Award Request Table’’ of the Purpose section in the Application. 

B. Matching Funds Requirements: In 

order to receive an FA award, an 

Applicant must provide documentation 

of eligible dollar-for-dollar matching 

funds. The CDFI Fund will review 

matching funds documentation prior to 

award payment and will pay funds 

based upon eligible In-Hand matching 

funds (see Table 9 for the definition of 

In-Hand). The CDFI Fund encourages 

Applicants to review the Regulations at 

12 CFR 1805.500, the Uniform 

Administrative Requirements, and the 

matching funds guidance materials 

available on the CDFI Fund’s Web site. 

Table 9 provides a summary of the 

matching funds requirements; 

additional details are set forth in the 

Application materials. 

TABLE 9—MATCHING FUNDS REQUIREMENTS

Matching funds requirements by application 

type.

The following Applicants must provide documentation of acceptable matching funds: 

• Category I/SECA FA Applicants (upon request) *; 

• Category II/Core FA Applicants; and 

• HFFI–FA Applicants. (upon request) * 

TA Applicants are not required to provide matching funds. 

* The matching funds requirement for HFFI–FA and SECA FA applicants was waived in the appropriations bill for FY 

2016. HFFI–FA and SECA FA applicants are not required to submit matching funds for their award requests at the 

time of application. 

Amount of required 

match.

Applicants must submit supporting documentation of eligible, In-Hand, dollar-for-dollar, non-Federal matching funds for 

every FA award dollar to be paid by the CDFI Fund. If awarded, Applicants that did not demonstrate 100% In-Hand 

matching funds at the time of Application may experience a longer payment timeline. 

Determination of award 

form.

FA awards will be made in comparable form and value to the eligible In-Hand and/or Committed matching funds documentation submitted by the Applicant. 

• For example, if an FA Applicant provides documentation of eligible loan matching funds for $200,000 and 

$400,000 of its matching funds in the form of grant, the CDFI Fund will obligate $200,000 of the FA award as a 

loan and $400,000 as a grant. 

• After awards have been announced, Award Recipients may request the CDFI Fund’s permission to change the 

form of their award from loan to grant (by producing eligible grant matching funds), but will only be eligible to receive a grant equal to the federal credit subsidy amount associated with the original loan. Applicants will also 

experience delays in payments if requested award form changes are approved by the CDFI Fund. 

Matching Funds Window definition.• The Applicant must receive eligible In-Hand matching funds between January 1, 2014 and January 15, 2017. 

• An award Recipient must provide the CDFI Fund with all documentation demonstrating the receipt of In-Hand 

matching funds by January 31, 2017. 

Matching funds and 

form of award.

• Recipients will be approved for a maximum award size of two times the total amount of eligible In-Hand and/or 

Committed matching funds documentation included in the Application, so long as they do not exceed the award 

amount limit. 

• The form of the matching funds documented in the Application determines the form of the award. 

In-Hand matching funds 

definition.

• Matching funds are eligible and In-Hand when the Applicant receives payment for the matching funds and includes 

acceptable documentation in the Application, showing the source, form (e.g., grant, loan, deposit, and Equity Investment), amount of the matching funds, and the date the funds came into physical possession of the applicant. 

• The following documentation, depending on the type of award being requested, must be included in the Application: 

• Loan—the loan agreement and/or promissory note; 

• grant—the grant letter or agreement for all grants of $100,000 or more; 

• Equity Investment—the stock certificate and shareholder agreement; 

• retained earnings—audits or call reports from regulating entity; and 

• third party in-kind contribution—evidence of receipt of contribution and valuation; AND 

• clearly legible documentation that demonstrates actual receipt of the matching funds including the date of the 

transaction and the amount, such as a copy of a check or a wire transfer statement. 

• Grants under $100,000 only require the source name, amount, date of receipt, and source contact information. Documentation of this information should be available if audited. 

Committed matching 

funds definition.

• Matching funds are Committed when the Applicant has entered into or received a legally binding commitment from 

the matching funds source showing the matching funds will be disbursed to the Applicant at a future date. 

• The Applicant must provide the CDFI Fund acceptable written documentation showing the source, form, and amount 

of the Committed matching funds (including, in the case of a loan, the terms thereof), as well as the anticipated payment date of the Committed funds. 

Limitations on matching 

funds.

• Matching funds must be from non-Federal sources. 

• Applicants cannot proffer matching funds that were accepted as matching funds for a prior FA award under the 

CDFI Program, NACA Program, or under another Federal grant or award program. 

• Matching funds must comply with Regulations at 12 CFR 1805.500 et seq. 

• Matching funds must be attributable to at least one of the five eligible FA activities (see Section II.C). 

Rights of the CDFI 

Fund.

• The CDFI Fund reserves the right to contact the matching funds source to discuss the matching funds and the documentation that the Applicant provided. 

• The CDFI Fund may grant an extension of the Matching Funds Window (defined in Table 9), on a case-by-case 

basis, if the CDFI Fund deems it appropriate. 

• The CDFI Fund reserves the right to rescind all or a portion of an FA award and re-allocate the rescinded award 

amount to other qualified Applicant(s), if an award Recipient fails to obtain In-Hand 100 percent of the required 

Matching Funds during the Matching Funds Window. 

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TABLE 9—MATCHING FUNDS REQUIREMENTS—Continued 

Matching funds in the 

form of third-party inkind contributions.

• Third party in-kind contributions are the value of non-cash contributions (i.e., property or services) provided by nonFederal third parties. 

• Third party in-kind contributions will be considered to be in the form of a grant for matching funds purposes. 

• Third party in-kind contributions may be in the form of real property, equipment, supplies, and other expendable 

property, and the value of goods and services directly benefiting the eligible activities. 

• For third-party in-kind contributions, the fair market value of goods and services must be documented. 

• Applicants will be responsible for documenting the value of all in-kind contributions as described in the Uniform Administrative Requirements. 

Matching funds in the 

form of a loan.

• An FA award made in the form of a loan will have the following standardized terms: 

• A 13-year term with semi-annual interest-only payments due in years 1 through 10, and fully amortizing payments due each year in years 11 through 13; and 

• A fixed interest rate of 2.2 percent, which was calculated by the CDFI Fund based on the U.S. Department of 

the Treasury’s 10-year Treasury note. 

• The Applicant’s matching funds loan(s) must: 

i. have a minimum of a 3-year term. Loans presented as matching funds with less than a 3-year term will not 

qualify as eligible match; and 

ii. not be from a Federal source. 

Severe Constraints 

Waiver.

• Not more than 25 percent of the total funds available for obligation under this funding round may be matched under 

the Severe Constraints Waiver. 

• In the case of an Applicant demonstrating severe constraints on available sources of matching funds, the CDFI 

Fund, in its sole discretion, may permit such Applicant to comply with the matching funds requirements by reducing 

such requirements by up to 50 percent. 

• In order to be considered eligible for a Severe Constraints Waiver, an Applicant must meet all of the SECA eligibility 

criteria described in Table 8 and follow the instructions in the Application materials. 

Ineligible matching 

funds.

• If the CDFI Fund determines that any portion of the Applicant’s matching funds is ineligible, the CDFI Fund will permit the Applicant to offer documentation of alternative matching funds as a substitute for the ineligible matching 

funds. 

• In such instances: 

i. the Applicant must provide acceptable alternative matching funds documentation within the period of time specified by the CDFI Fund, and 

ii. the alternative matching funds documentation will not increase the total amount of FA requested. 

Use of matching funds 

from a prior CDFI 

Program Recipient.

If an Applicant offers matching funds documentation from an organization that was a prior Recipient under the CDFI 

Program, the Applicant must be able to prove to the CDFI Fund’s satisfaction that such funds do not consist, in 

whole or in part, of CDFI Program funds or other Federal funds. 

Matching funds in the 

form of retained earnings.

• Retained earnings are eligible for use as matching funds when the CDFI Fund calculates an amount equal to: 

i. The increase in retained earnings that occurred over any one of the Applicant’s fiscal years within the Matching 

Funds Window, adjusted to remove revenue and expenses derived from Federal sources and matching funds 

previously used for an award; or 

ii. the annual average of such increases that occurred over any three consecutive fiscal years of the Applicant 

with at least one of the fiscal years occurring within the Matching Funds Window, adjusted to remove revenue 

and expenses derived from Federal sources and matching funds previously used for an award; or 

iii. any combination of (i) and (ii) above that does not include matching funds previously used for an award. 

• Retained earnings will be matched with an FA award in the form of a grant or an Equity Investment. 

Special rule for Insured 

Credit Unions and Insured Depository Institutions.

• An Insured Credit Union’s and Insured Depository Institution’s retained earnings are eligible for use as matching 

funds when the CDFI Fund calculates an amount equal to: 

i. The increase in retained earnings that occurred over any one of the Applicant’s fiscal years within the Matching 

Funds Window, adjusted to remove revenue from Federal sources and matching funds previously used for an 

award; or 

ii. the annual average of such increases that occurred over any three consecutive fiscal years of the Applicant 

with at least one of the fiscal years occurring within the Matching Funds Window, adjusted to remove revenue 

and expenses derived from Federal sources and matching funds previously used for an award; or 

iii. the entire retained earnings that have been accumulated since the inception of the Applicant, as provided in 

the Regulations. 

• If option (iii) is used for Insured Credit Unions, the Applicant must increase its member and/or non-member shares 

and/or total loans outstanding by an amount equal to the amount of retained earnings committed as matching funds. 

• This increase will be measured on a quarterly basis from March 31, 2016, and must occur by the end of the 

Recipient’s Year 1 of Performance Period, as set forth in its Assistance Agreement, and will be based on 

amounts reported in the Applicant’s National Credit Union Administration (NCUA) form 5300 Call Report. 

• The CDFI Fund will assess the likelihood of this increase during the Application review process. 

• An award will not be made to any Applicant that has not demonstrated in the relevant NCUA form 5300 Call 

Reports that it has increased shares and/or total loans outstanding by at least 25 percent of the requested FA 

award amount between December 31, 2014, and December 31, 2015. 

• The matching funds are not In-Hand until the Recipient has increased its member and/or non-member shares, 

deposits and/or total loans outstanding within the time period specified. 

• If option (iii) is used for Insured Depository Institutions or Depository Institution Holding Companies, the Applicant or 

its Subsidiary Insured Depository Institution (in the case of a Depository Institution Holding Company) must increase 

deposits and/or total loans outstanding by an amount equal to the amount of retained earnings committed as matching funds. Please note that Depository Institution Holding Company Applicants must use the call reports of the CDFI 

Subsidiary Insured Depository Institution that the requested FA award will support. 

• This increase will be measured on a quarterly basis from March 31, 2016, and must occur by the end of the 

Recipient’s Year 1 of Performance Period, as set forth in its Assistance Agreement, and will be based on 

amounts reported in the Bank Call Report. 

• The CDFI Fund will assess the likelihood of this increase during the Application review process. 

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TABLE 9—MATCHING FUNDS REQUIREMENTS—Continued 

• An award will not be made to any Applicant that has not demonstrated in the relevant call reports that it has increased deposits and/or total loans outstanding by at least 25 percent of the requested FA award amount between December 31, 2014, and December 31, 2015. 

• The matching funds are not In-Hand until the Recipient has increased its deposits and/or total loans outstanding 

within the time period specified. 

• All regulated Applicants utilizing the part (iii) Since Inception rule should refer to the Retained Earnings Guidance 

document on the Grants.gov and CDFI Fund websites. 

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 Web site at www.cdfifund.gov/

cdfi. 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 Applications must be prepared 

using the English language and 

calculations must be made in U.S. 

dollars. The following table lists the 

required Application documents for the 

FY 2016 Funding Round. 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. Information submitted 

by the Applicant that the CDFI Fund has 

not specifically requested will not be 

reviewed or considered as part of the 

Application. Information submitted 

must accurately reflect the Applicant’s 

activities. Financial, portfolio, and 

activity information provided in the 

Application should only include the 

Applicant’s activities. 

TABLE 10—REQUIRED APPLICATION DOCUMENTS

Application documents Applicant type Submission format 

SF–424 .................................................................................................... All Applicants ................................. Fillable PDF in Grants.gov. 

CDFI Program Application Components: ................................................ All Applicants ................................. AMIS. 

• Funding Application Detail Related Lists: 

• Application Financial Data 

* Funders is excluded for Insured 

Depository Institutions, TA Applicants, and NACA TA Applicants.

Æ Financials and Portfolio 

Æ Impacts 

Æ Application Activities Levels 

Æ Funders (Historic Only) * 

• Matching Funds Used (FA Core Only). 

• Customer Snapshot Table. 

• Key Personnel. 

• Policies. 

• Product Design. 

• Narratives. 

HFFI–FA Application Components: ......................................................... HFFI–FA Applicants ...................... AMIS. 

• Funding Application Detail 

• Narratives 

—Must create new funding 

application.

ATTACHMENTS TO THE APPLICATION: 

Add to ‘‘Related Attachments’’ related list in application. 

Matching Funds Documentation ............................................................. FA Core Applicants ....................... PDF or Excel (Retained Earnings 

Calculator only) in AMIS. 

Policies and Procedures ......................................................................... FA Applicants ................................ PDF in AMIS. 

Key Staff Resumes ................................................................................. All Applicants ................................. PDF or Word document in AMIS. 

Organizational Chart ............................................................................... All Applicants ................................. PDF in AMIS. 

Audited Financial Statements ................................................................. FA Applicants: Loan funds and 

other non-Insured Depository Institutions.

PDF in AMIS. 

Management Letters ............................................................................... FA Applicants: Loan funds and 

other non-Insured Depository Institutions, TA Applicants: If available.

PDF in AMIS. 

Unaudited Financial Statements (if Audited Financial Statements are 

not available).

TA Applicants: Loan funds and 

other non-Insured Depository Institutions.

PDF in AMIS. 

Call Reports ............................................................................................. FA and TA Applicants: Insured 

Depository Institutions only.

PDF in AMIS. 

Current Year to Date—December 31, 2015, Unaudited Financial 

Statements.

FA and TA Applicants: Loan funds 

and other non-Insured Depository Institutions.

PDF in AMIS. 

Additional Documents As Applicable: Community Partnership Agreement 501(c)(4) Questionnaire Explanation Environmental Review 

Form Explanation.

All Applicants, if applicable ............ PDF or Word document in AMIS. 

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C. Application Submission: The CDFI 

Fund has a two-step process that 

requires the submission of application 

documents on separate deadlines and 

locations. The SF–424 must be 

submitted through Grants.gov and all 

other application documents through 

the AMIS portal. The CDFI Fund will 

not accept Applications via email, mail, 

facsimile, or other forms of 

communication, except in extremely 

rare circumstances that have been preapproved by the CDFI Fund. Applicants 

are only required to submit the OMB 

SF–424, Application for Federal 

Assistance form in Grants.gov as all 

other application information (listed in 

Table 10) will be submitted through 

AMIS. The deadline for submitting the 

SF 424 is 30 days after the publication 

of the NOFA. All other application 

information must be submitted in AMIS 

and only the Authorized Representative 

or Application Point of Contact can 

submit the application. 

Applicants are encouraged to submit 

the SF–424 as early as possible through 

Grants.gov to provide time to resolve 

any submission problems. Applicants 

should contact Grants.gov directly with 

questions related to the registration or 

submission process as the CDFI Fund 

does not maintain the Grants.gov 

system. 

The CDFI Fund strongly encourages 

Applicants to start the Grants.gov 

registration process as soon as possible 

(refer to the following link: http://www.

grants.gov/web/grants/register.html) as 

it may take several weeks to complete. 

An Applicant that has previously 

registered with Grants.gov must verify 

that its registration is current and active. 

D. 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 register and 

submit an Application in the Grants.gov 

system. Please allow sufficient time for 

Dun & Bradstreet to respond to inquiries 

and/or requests for DUNS numbers. 

E. System for Award Management 

(SAM): Any entity applying for Federal 

grants or other forms of Federal 

financial assistance through Grants.gov 

must be registered in SAM before 

submitting its Application. The SAM 

registration process can take several 

weeks to complete. Applicants that have 

previously completed the SAM 

registration process must verify that 

their SAM accounts are current and 

active. Each Applicant must continue to 

maintain an active SAM registration 

with current information at all times 

during which it has an active Federal 

award or an Application under 

consideration by a Federal awarding 

agency. 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 Application by the 

Application deadline. Applicants must 

contact SAM directly with questions 

related to registration or SAM account 

changes as the CDFI Fund does not 

maintain this system. For more 

information about SAM, please visit 

https://www.sam.gov. 

F. Submission Dates and Times: 

1. Submission Deadlines: The 

following table provides the critical 

deadlines for the FY 2016 Funding 

Round. 

TABLE 11—FY 2016 FUNDING ROUND CRITICAL DEADLINES FOR APPLICANTS

Description Deadline Time (EDT) Submission method 

CDFI Certification Applications ........................ March 18, 2016 .......... 5:00 p.m. EDT ............ Award Management Information System 

(AMIS). 

SF424 (Application for Federal Assistance) .... March 18, 2016 .......... 11:59 p.m. EDT .......... Electronically via Grants.gov. 

Last day to contact CDFI Program staff .......... April 15, 2016 ............. 5:00 p.m. EDT ............ CDFI Fund Helpdesk: 202–653–0421 or 

cdfihelp@cdfi.treas.gov. 

CDFI Program Application for Financial Assistance (FA) or Technical Assistance (TA).April 18, 2016 ............. 11:59 p.m. EDT .......... Electronically via Awards Management Information System (AMIS). 

2. Confirmation of Application 

Submission in Grants.gov and AMIS: 

Applicants are required to submit the 

OMB SF–424, Application for Federal 

Assistance through the Grants.gov 

system and must submit all other 

required application materials through 

the AMIS Web site. Application 

materials submitted through both 

systems are due by the application 

deadlines. Applicants must submit the 

SF–424 on an earlier deadline from the 

other required application materials in 

AMIS. If the SF–424 is not successfully 

accepted by Grants.gov by the deadline, 

the CDFI Fund will not review any of 

the material submitted in AMIS and the 

Application will be deemed ineligible. 

(a) Grants.gov Submission 

Information: Each Applicant will 

receive an email from Grants.gov 

immediately after submitting the SF– 

424 confirming that the submission has 

entered the Grants.gov system. This 

email will contain a tracking number for 

the submitted SF–424. Within 48 hours, 

the Applicant will receive a second 

email, which will indicate if the 

submitted SF–424 was either 

successfully validated or rejected with 

errors. However, Applicants should not 

rely on the email notification from 

Grants.gov to confirm that their SF–424 

was validated. Applicants are strongly 

encouraged to use the tracking number 

provided in the first email to closely 

monitor the status of their SF–424 by 

contacting the helpdesk at Grants.gov 

directly. The Application material 

submitted in AMIS is not officially 

accepted by the CDFI Fund until 

Grants.gov has validated the SF–424. 

(b) Award Management Information 

System (AMIS) Submission Information: 

AMIS is a web-based portal where 

Applicants will directly enter their 

application information and add 

required attachments listed in Table 10. 

AMIS will verify that the Applicant 

provided the minimum information 

required to submit an Application. 

Applicants are responsible for the 

quality and accuracy of the information 

and attachments included in the 

Application submitted in AMIS. 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 

the application Point of Contact can 

submit the Application. Applicants can 

only submit one Application. Upon 

submission, the Application will be 

locked and cannot be resubmitted, 

edited, or modified in any way. The 

CDFI Fund will not unlock or allow 

multiple Applications submissions. 

4. 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 

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technological error. In such case, the 

Applicant must submit a written request 

for acceptance of late Application 

submission and include documentation 

of the error no later than two business 

days after the Application deadline. The 

CDFI Fund will not respond to request 

for acceptance of late Application 

submissions after that time period. 

Applicants must submit late 

Application submission requests to the 

CDFI Helpdesk at cdfihelp@cdfi.

treas.gov with a subject line of ‘‘Late 

Application Submission Request.’’ 

G. Funding Restrictions: FA, HFFI–FA 

and TA awards are limited by the 

following: 

1. FA awards: 

(a) An award Recipient shall use FA 

funds only for the eligible activities 

described in Section II. Award 

Description (C)(1) of this NOFA and its 

Assistance Agreement. 

(b) A Recipient may not distribute FA 

funds to an Affiliate, Subsidiary, or any 

other entity, without the CDFI Fund’s 

prior written approval. 

(c) FA funds shall only be paid to the 

Recipient. 

(d) The CDFI Fund, in its sole 

discretion, may pay FA funds in 

amounts, or under terms and 

conditions, which are different from 

those requested by an Applicant. 

2. HFFI–FA awards: 

(a) An award Recipient shall use 

HFFI–FA funds only for the eligible 

activities described in Section II. Award 

Description (C) (1) of this NOFA and its 

Assistance Agreement. 

(b) A Recipient may not distribute 

HFFI–FA funds to an Affiliate, 

Subsidiary, or any other entity, without 

the CDFI Fund’s prior written approval. 

(c) HFFI–FA funds shall only be paid 

to the Recipient. 

(d) The CDFI Fund, in its sole 

discretion, may pay HFFI–FA funds in 

amounts, or under terms and 

conditions, which are different from 

those requested by an Applicant. 

3. TA grants: 

(a) An award Recipient shall use TA 

funds only for the eligible activities 

described in Section II. Award 

Description (C) (2) of this NOFA and its 

Assistance Agreement. 

(b) A Recipient may not distribute TA 

funds to an Affiliate, Subsidiary or any 

other entity, without the CDFI Fund’s 

prior written consent. 

(c) TA funds shall only be paid to the 

Recipient. 

(d) The CDFI Fund, in its sole 

discretion, may pay TA funds in 

amounts, or under terms and 

conditions, which are different from 

those requested by an Applicant. 

V. Application Review Information 

1. Criteria: If the Applicant has 

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 

Administrative 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. 

(a) Application Scoring and Award 

Selection (FA, HFFI–FA, and TA): The 

CDFI Fund will evaluate each 

Application using the FA and TA 

Application Scoring Criteria described 

in the Application. An Applicant must 

receive a minimum 60 percent of the 

total score for the FA, HFFI–FA, and TA 

components in order to be considered 

for an award. An Applicant that is an 

Emerging CDFI will be rated, among 

other elements, on its plan to meet the 

requirements of a Certified CDFI within 

two years of the beginning of the period 

of performance (or if the Applicant is a 

prior TA Recipient, by the date 

specified in its previous Assistance 

Agreement). 

The CDFI Fund will score each part 

as indicated in Tables 12 and 13. 

TABLE 12—FA & TA APPLICATION SCORING CRITERIA

FA & TA narrative sections FA Applicants 

(points) 

TA Applicants 

(points) 

Executive Summary ................................................................................................................................................. Not Scored Not Scored 

Purpose/Proposal .................................................................................................................................................... 10 15 

Products ................................................................................................................................................................... 10 10 

Policies ..................................................................................................................................................................... 10 10 

People ...................................................................................................................................................................... 10 15 

Partnerships ............................................................................................................................................................. 10 5 

Performance ............................................................................................................................................................ 40 30 

Projections ............................................................................................................................................................... 10 15 

Total Points ....................................................................................................................................................... 100 100 

TABLE 13—HFFI–FA APPLICATION SCORING CRITERIA

HFFI–FA Narrative sections HFFI–FA 

Applicants 

HFFI Target Market Profile .................................................................................................................................................................. 4 

Healthy Food Financial Products ........................................................................................................................................................ 5 

Healthy Food Development Services .................................................................................................................................................. 2 

Projected HFFI–FA Activities ............................................................................................................................................................... 7 

HFFI Track Record, Management Capacity for Providing Healthy Food Financing, Healthy Food Financing Outcomes ................ 7 

Total Points ................................................................................................................................................................................... 25 

2. Review and Selection Process. All 

Applications will be initially evaluated 

by external non-Federal reviewers who 

are selected based on criteria that 

includes: A professional background in 

community and economic development 

finance; experience reviewing financial 

statements of all CDFI institution types; 

and experience performing 

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underwriting of community and 

economic development projects. 

Reviewers must complete the CDFI 

Fund’s conflict of interest process and 

be approved by the CDFI Fund. The 

CDFI Fund’s application reader conflict 

of interest policy is located on the CDFI 

Fund’s Web site. 

TA Applications will be evaluated by 

one external reviewer; FA and HFFI–FA 

Applications will be evaluated by three 

external reviewers. All Applications 

will be reviewed in accordance with 

reviewer evaluation materials. 

Applications will be ranked based on 

Application scores, from highest to 

lowest. In the case of tied scores, 

Applicants will be ranked first 

according to each Performance score, 

then the Purpose section. TA 

Applicants, Category I, Category II, and 

HFFI–FA Applicants will be grouped 

and ranked separately. 

3. Programmatic and Financial Risk 

Analysis. The CDFI Fund conducts three 

additional levels of due diligence for 

Applications that are in scoring 

contention for an award. This due 

diligence includes an analysis of 

programmatic and financial risk factors 

including, but not limited to: Financial 

stability; quality of management systems 

and ability to meet award management 

standards; history of performance in 

managing Federal awards (including 

timeliness of reporting and compliance); 

reports and findings from audits; and 

the Applicant’s ability to effectively 

implement Federal requirements. 

Award amounts may be reduced as a 

result of this analysis. In addition, for 

FA awards, the CDFI Fund may reduce 

awards sizes from requested amounts 

based on certain variables, including an 

Applicant’s loan disbursement activity, 

total portfolio outstanding, and similar 

factors. Lastly, the CDFI Fund may 

consider geographic diversity of 

Applicants when making its funding 

decisions. 

4. Insured Depository Institutions: The 

CDFI Fund will consider safety and 

soundness information from the 

Appropriate Federal or State Banking 

Agency. If the Applicant is a CDFI 

Depository Institution Holding 

Company, the CDFI Fund will consider 

information provided by the 

Appropriate Federal or State Banking 

Agencies about both the CDFI 

Depository Institution Holding 

Company and the CDFI Certified 

Insured Depository Institution that will 

expend and carry out the award. If the 

Appropriate Federal Banking Agency or 

Appropriate State Agency identifies 

safety and soundness concerns, the 

CDFI Fund will assess whether the 

concerns cause or will cause the 

Applicant to be incapable of 

undertaking the activities for which 

funding has been requested. 

5. Non-Regulated Institutions: In 

accordance with the CDFI Program’s 

authorizing statute and regulations, the 

CDFI Fund must ensure, to the 

maximum extent practicable, that 

recipients that are non-regulated CDFIs 

are financially and managerially sound 

and maintain appropriate internal 

controls (12 U.S.C. 4707(f)(1)(A) and 12 

CFR 1805.800(b)). Further, the CDFI 

Fund must determine that an 

Applicant’s capacity to operate as a 

CDFI will not be dependent upon 

assistance from the CDFI Fund for 

continued viability (12 U.S.C. 

4704(b)(2)(A)). If it is determined the 

Applicant is incapable of meeting these 

requirements, the CDFI Fund reserves 

the right to deem the Applicant 

ineligible or terminate the award. 

6. Anticipated Award Announcement: 

The CDFI Fund anticipates making CDFI 

Program award announcements after 

September 23, 2016 and before 

September 30, 2016. 

7. 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 Recipient’s 

certification as a CDFI (to the extent that 

the award is conditional upon CDFI 

certification); 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. The CDFI 

Fund reserves the right to change its 

eligibility and evaluation criteria and 

procedures, if the CDFI Fund deems it 

appropriate. If the changes materially 

affect the CDFI Fund’s award decisions, 

the CDFI Fund will provide information 

about the changes through its Web site. 

The CDFI Fund’s award decisions are 

final and there is no right to appeal the 

decisions. 

VI. Federal Award Administration 

Information 

A. Award Notification: Each 

successful Applicant will receive an 

email ‘‘notice of award’’ notification 

from the CDFI Fund stating that its 

Application has been approved for an 

award. Each Applicant not selected for 

an award will receive an email stating 

that a debriefing notice has been 

provided in its AMIS account. 

B. Assistance Agreement: Each 

Applicant selected to receive an award 

must enter into an Assistance 

Agreement with the CDFI Fund in order 

to receive a payment(s). The Assistance 

Agreement will set forth the award’s 

terms and conditions, including but not 

be limited to the: (i) Award amount; (ii) 

award type; (iii) award uses; (iv) eligible 

use of funds; (v) performance goals and 

measures; and (vi) reporting 

requirements. FA Assistance 

Agreements have three-year periods of 

performance; TA Assistance Agreements 

have two-year periods of performance. 

1. Certificate of Good Standing: All 

FA and TA Recipients that are not 

Insured Depository Institutions will be 

required to provide the CDFI Fund with 

a certificate of good standing from the 

secretary of state for the Recipient’s 

State of incorporation prior to closing. 

This certificate can often be acquired 

online on the secretary of state Web site 

for the Recipient’s State of incorporation 

and must generally be dated within 270 

days before the date the Recipient 

executes the Assistance Agreement. Due 

to potential backlogs in State 

government offices, Applicants are 

advised to submit requests for 

certificates of good standing no later 

than 60 days after they submit their 

Applications. 

2. Closing: Pursuant to the Assistance 

Agreement, there will be an initial 

closing at which point the Assistance 

Agreement and related documents will 

be properly executed and delivered, and 

an initial payment of FA or TA may be 

made. FA Recipients that are subject to 

the matching funds requirement will not 

receive a payment until 100 percent of 

their matching funds are In-Hand. The 

first payment is the estimated amount of 

award that the Recipient states in its 

Application that it will use for eligible 

FA or TA activities in the first 12 

months after the award. 

The CDFI Fund will minimize the 

time between the Recipient incurring 

costs for eligible activities and award 

payment based on what is 

administratively feasible. The advanced 

payments for eligible activities will 

occur no more than one year in advance 

of the Recipient incurring costs for the 

eligible activities. Following the initial 

closing, there may be subsequent 

closings involving additional award 

payments. Any documents in addition 

to the Assistant Agreement that are 

connected with such subsequent 

closings and payments shall be properly 

executed and timely delivered by the 

Recipient to the CDFI Fund. 

3. Requirements Prior to Entering into 

an Assistance Agreement: If, prior to 

entering into an Assistance Agreement, 

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information (including administrative 

error) comes to the CDFI Fund’s 

attention that: Adversely affects the 

Recipient’s eligibility for an award; 

adversely affects the Recipient’s 

certification as a CDFI (to the extent that 

the award is conditional upon CDFI 

certification); adversely affects the CDFI 

Fund’s evaluation of the Application; 

indicates that the Recipient is not in 

compliance with any requirement listed 

the Uniform Administrative 

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 

such 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 Assistance 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 Assistance 

Agreement and the award made under 

this NOFA pending the criteria 

described in the following table: 

TABLE 14—REQUIREMENTS PRIOR TO EXECUTING AN ASSISTANCE AGREEMENT

Requirement Criteria 

Failure to meet reporting requirements ............... • If a Recipient received a prior award under any CDFI Fund program and is not current with 

the reporting requirements in the previously executed agreement(s), the CDFI Fund can 

delay entering into an Assistance Agreement or disbursing an award until reporting requirements are met. 

• If such a Recipient is unable to meet the requirement within the timeframe specified, the 

CDFI Fund may terminate and rescind the Assistance Agreement and the award made 

under this NOFA. 

• The automated systems the CDFI Fund uses only acknowledge a report’s receipt, not a determination of meeting reporting requirements. 

Failure to maintain CDFI Certification ................. • An FA Recipient must be a Certified CDFI prior to entering into an Assistance Agreement. 

• If an FA Recipient fails to maintain CDFI Certification, the CDFI Fund will terminate and rescind the Assistance Agreement and the award made under this NOFA. 

Pending resolution of noncompliance ................. • The CDFI Fund will delay entering into an Assistance Agreement with a Recipient that has 

pending noncompliance issues if the CDFI Fund has not yet made a final determination as 

to whether the Recipient is in default of its previously executed award agreement(s). 

• If the Recipient is unable to satisfactorily resolve the compliance issues, the CDFI Fund 

may terminate and rescind the Assistance Agreement and the award made under this 

NOFA. 

Default or Noncompliance status ........................ If, at any time prior to entering into an Assistance Agreement, the CDFI Fund determines that 

an Recipient is in default of a previously executed agreement with the CDFI Fund and the 

Recipient has been provided written notification of such determination, the CDFI Fund can 

delay entering into an Assistance Agreement, until the Recipient has cured the default by 

taking actions the CDFI Fund has specified within the specified timeframe. Further, if, at any 

time prior to entering into an Assistance Agreement, the CDFI Fund determines that an Recipient is noncompliant with an FY 2015 or later award agreement with the CDFI Fund and 

the Recipient has been provided written notification of such determination, the CDFI Fund 

can delay entering into an Assistance Agreement, until the Recipient has cured the noncompliance by taking actions the CDFI Fund has specified within the specified timeframe. If 

the Recipient is unable to meet the cure requirement within the specified timeframe, the 

CDFI Fund may terminate and rescind the Assistance Agreement and the award made 

under this NOFA. 

Final Default and sanctions ................................. If the CDFI Fund has found the Recipient in final default of a prior executed agreement and 

provided notification of sanctions, the CDFI Fund may terminate and rescind the Assistance 

Agreement and the award made under this NOFA within the time period specified in such 

notification. 

Compliance with Federal civil rights requirements.If prior to entering into an Assistance 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 an ineligible recipient on 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 Assistance Agreement. 

C. Reporting 

1. Reporting requirements: On an 

annual basis for the period of 

performance, 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 15—ANNUAL REPORTING REQUIREMENTS

Financial Report (Financial Statements and 

Related Auditor’s and 

Accountant’s Review 

Reports, if applicable).

The Financial Report will be reviewed by the CDFI Fund to determine the Recipient’s financial and managerial soundness. 

Single Audit (if applicable) (or similar report).If a Recipient is required to complete a Single Audit Report, it should be submitted to the Federal Audit Clearinghouse 

(see 2 CFR subpart F—Audit Requirements in the Uniform Administrative Requirements). 

For-profit Recipients will be required to complete and submit a similar report directly to the CDFI Fund. 

Institution Level Report 

(ILR).

The ILR is a report used to collect compliance and performance data from CDFI Fund award Recipients. The ILR is 

submitted through the Community Investment Impact System (CIIS) and captures organizational information, financial position, lending and investing activities, community development outputs, and development services. 

Transaction Level Report (TLR).The TLR is a report used to collect compliance and performance data from CDFI Fund award Recipients. The TLR is 

submitted through the CIIS and captures data on each individual loan and investment in the award Recipient’s portfolio. 

• For CDFI Depository Institution Holding Company award Recipients, the TLR captures data on the individual loans 

and investments by its CDFI Subsidiary Insured Depository Institution’s portfolio. 

• TLR is not required for TA Recipients. 

Federal Financial Report/OMB Standard 

Form 425.

If the Recipient receives a TA award, it must submit the Federal Financial Report/OMB Standard Form 425 via AMIS. 

Uses of Funds Report .. If the Recipient receives an FA or TA award, it must submit the Uses of Funds Report via AMIS. 

Shareholders Report .... If the Assistance is in the form of an Equity Investment, the Recipient must submit shareholder information to the 

CDFI Fund showing the class, series, and number of shares and valuation of capital stock held or to be held by 

each shareholder. The Shareholder Report must be submitted for as long as the CDFI Fund is an equity holder. 

Each Recipient is responsible for the 

timely and complete submission of the 

Annual Reporting requirements. The 

CDFI Fund reserves the right to contact 

the Recipient and additional entities or 

signatories to the Assistance Agreement 

to request additional information and 

documentation. The CDFI Fund will use 

such information to monitor each 

Recipient’s compliance with the 

requirements in the Assistance 

Agreement and to assess the impact of 

the CDFI Program. The CDFI Fund 

reserves the right, in its sole discretion, 

to modify these reporting requirements, 

including increasing the scope and 

frequency of reporting, if it determines 

it to be appropriate and necessary; 

however, such reporting requirements 

will be modified only after notice to 

Recipients. 

2. 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 Federal 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 Federal award. 

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 CDFI Program 

award. In addition, the CDFI Fund will 

require Recipients to: Maintain effective 

internal controls; comply with 

applicable statutes, regulations, and the 

Assistance Agreement; evaluate and 

monitor compliance; take action when 

not in compliance; and safeguard 

personally identifiable information. 

VII. Agency Contacts 

A. The CDFI Fund will respond to 

questions concerning this NOFA and 

the Application between the hours of 

9:00 a.m. and 5:00 p.m. Eastern Daylight 

Savings Time, starting on the date that 

the NOFA is published through the date 

listed in Table 1 and Table 11. The CDFI 

Fund will post on its Web site responses 

to reoccurring questions received about 

this Application. Other information 

regarding the CDFI Fund and its 

programs may be obtained from the 

CDFI Fund’s Web site at http://

www.cdfifund.gov. Table 16 lists CDFI 

Fund contact information: 

TABLE 16—CONTACT INFORMATION

Type of question Telephone number 

(not toll free) Email addresses 

CDFI Program ................................................................................................ 202–653–0421, option 1 .................... cdfihelp@cdfi.treas.gov. 

Certification, Compliance Monitoring, and Evaluation ................................... 202–653–0423 ................................... ccme@cdfi.treas.gov. 

AMIS—IT Help Desk ...................................................................................... 202–653–0422 ................................... AMIS@cdfi.treas.gov. 

B. Information Technology Support: 

For IT Assistance, submit an AMIS 

Service Request (Record Type of 

‘‘General Inquiry’’). In the Service 

Request form, select the appropriate 

program, then select ‘‘AMIS Technical 

Problem’’ as the Type. People who have 

visual or mobility impairments that 

prevent them from using the CDFI 

Fund’s Web site 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 contact 

information in AMIS to communicate 

with Applicants and Recipients. It is 

imperative, therefore, that Applicants, 

Recipients, Subsidiaries, Affiliates, and 

signatories maintain accurate contact 

information in their accounts. This 

includes information such as contact 

names (especially for the authorized 

representative) listed in this NOFA’s 

application materials, email addresses, 

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fax and phone numbers, and office 

locations. 

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. 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. If applicable, the CDFI Fund 

may inform Applicants that they do not 

need to provide certain Application 

information otherwise required. 

Pursuant to the Paperwork Reduction 

Act, the CDFI Program, and NACA 

Program Application has been assigned 

the following control number: 1559– 

0021. 

B. 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 Web site at http://

www.cdfifund.gov. 

Authority: 12 U.S.C. 4701, et seq; 12 CFR 

parts 1805 and 1815; 2 CFR part 200. 

Mary Ann Donovan, 

Director, Community Development Financial 

Institutions Fund. 

[FR Doc. 2016–03221 Filed 2–17–16; 8:45 am] 

BILLING CODE 4810–70–P 

DEPARTMENT OF THE TREASURY 

Community Development Financial 

Institutions Fund 

Native American CDFI Assistance 

Program (NACA Program) FY 2016 

Funding Round 

Funding Opportunity Title: Notice of 

Funds Availability (NOFA) inviting 

Applications for Financial Assistance 

(FA) awards or Technical Assistance 

(TA) grants under the Native American 

CDFI Assistance Program (NACA 

Program) FY 2016 Funding Round. 

Announcement Type: Announcement 

of funding opportunity. 

Funding Opportunity Number: CDFI– 

2016–NACA. 

Catalog of Federal Domestic 

Assistance (CFDA) Number: 21.020. 

KEY DATES: 

TABLE 1—FY 2016 NACA PROGRAM FUNDING ROUND CRITICAL DEADLINES FOR APPLICANTS

Description Deadline Time (eastern daylight 

time—EDT) Submission method 

CDFI Certification Applications .................. March 18, 2016 ................. 5:00 p.m. EDT ................... Award Management Information System 

(AMIS). 

SF424 (Application for Federal Assistance).March 18, 2016 ................. 11:59 p.m. EDT ................. Electronically via Grants.gov. 

Last day to contact NACA Program staff .. April 15, 2016 .................... 5:00 p.m. EDT ................... CDFI Fund Helpdesk: 202–653–0421 or 

cdfihelp@cdfi.treas.gov. 

NACA Program Application for Financial 

Assistance (FA) or Technical Assistance (TA).

April 18, 2016 .................... 11:59 p.m. EDT ................. Electronically via Grants.gov and Awards 

Management Information System 

(AMIS). 

Executive Summary: Through the 

NACA Program, the CDFI Fund 

provides (i) FA awards of up to $1 

million to Certified Community 

Development Financial Institutions 

(CDFIs) serving Native American, 

Alaska Native, or Native Hawaiian 

populations or Native American areas 

defined as Federally-designated 

reservations, Hawaiian homelands, 

Alaska Native Villages and U.S. Census 

Bureau-designated Tribal Statistical 

Areas (collectively, ‘‘Native 

Communities’’) to build their financial 

capacity to lend to their Target Markets, 

and (ii) TA grants of up to $150,000 to 

build Certified, Certifiable, and 

Emerging CDFIs’ organizational capacity 

to serve their Target Markets and 

Sponsoring Entities ability to create 

Certified CDFIs that serve Native 

Communities. All awards provided 

through this NOFA are subject to 

funding availability. 

I. Program Description 

A. History: The CDFI Fund was 

established by the Riegle Community 

Development Banking and Financial 

Institutions 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 over 

$2 billion to CDFIs, community 

development organizations, and 

financial institutions through the 

Community Development Financial 

Institutions Program (CDFI Program), 

the Native American CDFI Assistance 

Program (NACA Program), the Bank 

Enterprise Award Program (BEA 

Program), the Capital Magnet Fund, and 

the Financial Education and Counseling 

Pilot Program. In addition, the CDFI 

Fund has allocated more than $43 

billion in tax credit allocation authority 

through the New Markets Tax Credit 

Program (NMTC Program) and has 

obligated $852 million in bond 

guarantees to Eligible CDFIs through the 

CDFI Bond Guarantee Program. 

B. Priorities: Through the NACA 

Program’s FA awards and TA grants, the 

CDFI Fund invests in and builds the 

capacity of for-profit and non-profit 

community based lending organizations 

known as Community Development 

Financial Institutions, or CDFIs. These 

organizations, Certified as CDFIs by the 

CDFI Fund, serve Native Communities. 

C. Program Regulations: The 

regulations governing the CDFI Program 

are found at 12 CFR parts 1805 and 1815 

(the Regulations), and are used by the 

CDFI Fund to govern, in general, the 

NACA Program, setting forth evaluation 

criteria and other program requirements. 

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