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Grants to USA Financial Institutions to Provide Financial and Technical Assistance to Native American Communities

Native Initiatives


Agency
Federal

GrantWatch ID#
151521

Funding Source
United States Department of the Treasury, Community Development Financial Institutions Fund
Array ( )

Geographic Focus
All USA

Important Dates
Deadline: 04/12/22 11:59 PM ET Save

Grant Description
Grants to USA financial institutions to provide financial and technical assistance to Native American communities. Applicants are advised that required registrations may take up to several weeks to complete. The purpose of the program is to develop the capacity of Native communities.

Through the Native American CDFI Assistance Program (NACA Program), Financial Assistance awards are made to Native CDFIs. These competitive awards are made in the form of loans, grants, equity investments, deposits, and credit union shares. By multiplying the impact of federal investment, Native CDFIs are able to pursue a variety of goals, from small business creation to affordable housing development, as well as other community development pursuits. Healthy Food Financing Initiative - Financial Assistance awards are also offered for CDFIs that are interested in expanding their healthy food financing activities.

The Native Initiatives provides support in two ways: through Financial Assistance and Technical Assistance awards provided by the Native American CDFI Assistance Program (NACA Program), and through trainings, technical assistance, and other resources provided by the Capacity Building Initiative.

  • Financial Assistance – Gain access to loans, grants, deposits, and equity investments that will not only directly support your work but also make your organization more attractive to outside investors. Financial Assistance awards can be used as lending capital, equity, loan loss reserves, etc.
  • Technical Assistance – Help your organization grow through these flexible grants to: purchase equipment; hire consulting or contracting services; pay salaries and benefits; or train staff or board members. 
  • Capacity Building Initiative – Attend a variety of trainings, view webinars, and apply for additional technical assistance on a variety of topics, such as small business and microenterprise lending, healthy food financing, and some trainings that are Native-specific.


Recipient

Eligibility
  • Others (see text field entitled "Additional Eligibility Criteria" for clarification)

Additional Eligibility Criteria
Your organization must be certified as a CDFI and primarily serve a Native Community to be eligible for Financial Assistance through the NACA Program. Technical Assistance is available to both Native CDFIs and emerging Native CDFIs (those on the path to certification). To be eligible for Native CDFI certification, at least 50 percent of your activities must serve Native Americans, Alaska Natives, and/or Native Hawaiians.

All certified and emerging CDFIs are eligible to apply for trainings under the Capacity Building Initiative.

Pre-Proposal Conference
FY 2022 NACA Program Q&A Webinar: March 31, 2022
2:00 PM - 4:00 PM ET

Dial: 1-800-369-3184
Conference: PWXW2626649
Passcode: 9393429

Access Webinar: https://www.mymeetings.com/nc/join.php?i=PWXW2626649&p=9393429&t=c

Pre-Application Information
Timeline:
- February 10, 2022: FY 2022 Round Opening
- March 14, 2022 by 11:59 PM ET: Deadline for Creating an AMIS Account
- March 14, 2022 by 11:59 PM ET: Deadline to enter EIN and DUNS numbers in AMIS
- March 14, 2022 by 11:59 PM ET: Deadline for Submitting SF-424 through Grants.gov
- April 8, 2022 by 5:00 PM ET: Last Day the CDFI Fund Will Answer Questions About the Application
- April 12, 2022 by 5:00 PM ET: Deadline to Receive AMIS Support From the IT Help Desk
- April 12, 2022 by 11:59 PM ET: Deadline for Submitting FA/TA Application through AMIS
- TBD: FY 2022 NACA Program Awards Announced

Pre-Application Webinar Recording: https://youtu.be/_UrA3kdLXmI

Contact Information
Apply online: https://www.cdfifund.gov/programs-training/programs/native-initiatives#ApplyNow

Questions regarding Native Initiatives may be directed to the CDFI Fund by e-mail to cdfihelp@cdfi.treas.gov; or by phone to (202) 653-0421.

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