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Federal Register / Vol. 86, No. 32 / Friday, February 19, 2021 / Notices encourages Applicants to review the Regulations; this NOFA; the CDFI
Program Application for Financial Assistance or Technical Assistance the Application; all related materials and guidance documents found on the CDFI
Funds website Application materials;
and the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards 2 CFR part 1000, which is the Department of the Treasurys codification of the Office of Management and Budget OMB
government-wide framework for grants management at 2 CFR part 200 the Uniform 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, Application materials, or
the Uniform Requirements. Details regarding Application content requirements are found in the Application and Application materials.
D. Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards 2 CFR Part 1000: The Uniform Requirements codify financial, administrative, procurement, and program management standards that Federal award agencies must follow.
When evaluating Applications, awarding agencies must evaluate the risks posed by each Applicant, and each Applicants 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 Applicants financial stability, quality of
management systems, the soundness of its business plan, history of performance, ability to achieve measurable impacts through its products and services, and audit findings. In addition, the Uniform Requirements include guidance on audit requirements and other award compliance requirements for 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 2021 Funding Round: The CDFI
Fund expects to award, through this NOFA, approximately $188 million as indicated in the following table:

TABLE 2FY 2021 FUNDING ROUND ANTICIPATED CATEGORY AMOUNTS
Funding categories See definition in table 7 for TA or table 8 for FA
Base-FA: Category I/Small and/or Emerging CDFI
Assistance SECA.
Base-FA: Category II/Core

Minimum 2

Maximum
Estimated number of awards for FY 2021

Estimate average amount awarded in FY 2021

Average amount awarded in FY 2020

$25

$125,000

$700,000

83

$300,000

$424,000

105.2

1,000,000

179

589,000

592,000

300,000

106

175,000

174,000

Persistent Poverty CountiesFinancial Assistance PPCFA.
Disability FundsFinancial Assistance DFFA .
TA
Healthy Food Financing Initiative Financial Assistance HFFIFA .

18.8

$500,000, or if portfolio outstanding is less than $1,666,700 as of the most recent historic fiscal year end, then 30%
of portfolio outstanding.
100,000

6

100,000

500,000

17

353,000

235,000

10
23

10,000
500,000

125,000
5,000,000

80
14

125,000
1,643,000

125,000
1,692,000

Total

188

479

DFFA

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Award amount
Estimated total amount to be awarded millions
and HFFIFA 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
2021 Funding Round: As of the date of this NOFA the CDFI Fund is operating under the Consolidated Appropriations Act, 2021 Pub. L. 116260.
3. Anticipated Start Date and Period of Performance: The Period of Performance for TA grants begins with the date of the award announcement and includes either i an Emerging CDFI Recipients three full consecutive 2 The FA Application Guidance defines the most recent historic fiscal year based on an Applicants fiscal year end.

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fiscal years after the date of the award announcement, or ii a Certified CDFI
Recipients two full consecutive fiscal years after the date of the award announcement, during which the Recipient must meet the Performance Goals and Measures PG&Ms set forth in the Assistance Agreement. The Period of Performance for FA awards begins with the date of the award announcement and includes a Recipients three full consecutive fiscal years after the date of the award announcement, during which time the Recipient must meet the PG&Ms set forth in the Assistance Agreement.
B. Types of Awards: Through the CDFI Program, the CDFI Fund provides two types of awards: Financial
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Assistance FA and Technical Assistance TA awards. An Applicant may submit an Application for a TA
grant or an FA award under the CDFI
Program, but not both. FA Awards include the Base Financial Assistance Base-FA award and the following awards that are provided as a supplement to the Base-FA award:
Healthy Food Financing InitiativeFinancial Assistance HFFIFA, Persistent Poverty Counties-Financial Assistance PPCFA, and Disability Funds-Financial Assistance DFFA.
The HFFIFA, PPCFA, and DFFA
Applications will be evaluated independently from the Base-FA
Application, and will not affect the
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