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Federal Register / Vol. 86, No. 32 / Friday, February 19, 2021 / Notices TABLE 6ELIGIBILITY REQUIREMENTS FOR ALL APPLICANTSContinued
Use of award

Requested award amount
Pending resolution of noncompliance.
Noncompliance or default status

Debarment/Do Not Pay Verification
Authorized Representatives of both the Depository Institution Holding Company and the Subsidiary CDFI
Insured Depository Institution must certify that the information included in the Application represents that of the Subsidiary CDFI Insured Depository Institution, and that the award funds will be used to support the Subsidiary CDFI Insured Depository Institution for the eligible activities outlined in the Application.
All awards made through this NOFA must be used to support the Applicants activities in at least one of the FA or TA Eligible Activity Categories see Section II. C.
With the exception of Depository Institution Holding Company Applicants, awards may not 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, unless done pursuant to a merger or acquisition or similar transaction, and with the CDFI Funds prior written consent. The Recipient of any award made through this NOFA must comply, as applicable, with the Buy American Act of 1933, 41 U.S.C. 83018303 and 2
CFR 200.216 of the Uniform Requirements, with respect to any Direct Costs.
An Applicant must state its requested award amount in the Application in AMIS. An Applicant that does not include this amount will not be allowed to submit an Application.
The CDFI Fund will consider an Application submitted by an Applicant that has pending noncompliance issues on any of its previously executed award agreements, if the CDFI Fund has not yet made a final compliance determination.
The CDFI Fund will not consider an Application submitted by an Applicant that has a previously executed award agreements if, as of the date of the Application, i the CDFI Fund has made a final determination that such entity is noncompliant or found in default with a previously executed agreement, and ii the CDFI Fund has provided written notification that such entity is ineligible to apply for or receive any future CDFI Fund awards or allocations. Such entities will be ineligible to submit an Application for such time period as specified by the CDFI Fund in writing.
The CDFI Fund will not consider any Applicant that has defaulted on a loan from the CDFI Fund within five years of the Application deadline.
The CDFI Fund will conduct a debarment check and will not consider an Application submitted by an Applicant or Affiliate of an Applicant if the Applicant is delinquent on any Federal debt.
The Do Not Pay Business Center was developed to support Federal agencies in their efforts to reduce the number of improper payments made through programs funded by the Federal government. The Do Not Pay Business Center provides delinquency information to the CDFI Fund to assist with the debarment check.

TABLE 7ELIGIBILITY REQUIREMENTS FOR TA APPLICANTS
CDFI certification status
Matching Funds
Limitation on Awards

Proposed Activities

Regulated Institution

Target Market

Certified CDFIs, Emerging CDFIs, or Sponsoring Entities see definitions in Table 5.
Matching Funds documentation is not required for TA awards.
An Emerging CDFI serving Native Communities may not receive more than three TA awards as an uncertified CDFI.
A Sponsoring Entity is only eligible to apply for an award if i it does not have an active prior award or ii the certification goal in its active awards Assistance Agreement has been satisfied and it proposes to create another CDFI that will serve one or more Native Communities.
Applicants must propose to directly undertake eligible activities with TA awards. For example, an uncertified CDFI Applicant must propose to become certified as part of its Application and a Certified CDFI Applicant must propose activities that build its capacity to serve its Target Market or an Eligible Market.
With the exception of Sponsoring Entities, Applicants may not propose to use a TA award to create a separate legal entity to become a Certified CDFI or otherwise carry out the TA award activities.
Each Regulated Institution TA Applicant must have a CAMELS/CAMEL rating rating for banks and credit unions, respectively or equivalent type of rating by its regulator collectively referred to as CAMELS/
CAMEL rating of at least 4.
TA Applicants with CAMELS/CAMEL ratings of 5 will not be eligible for awards.
The CDFI Fund will also evaluate material concerns identified by the Appropriate Federal Banking Agency in determining the eligibility of Regulated Institution Applicants.
TA Applicants must demonstrate that the Certified CDFI, Emerging CDFI, or the CDFI to be created by the Sponsoring Entity will primarily serve one or more Native Communities as its Target Market.

TABLE 8ELIGIBILITY REQUIREMENTS FOR FA APPLICANTS

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CDFI certification status

Activities in Native Communities

Each FA Applicant must be a Certified CDFI prior to the date of the release of this NOFA.
The CDFI Fund will consider an Application submitted by an Applicant that has pending noncompliance issues with its Annual Certification Report if the CDFI Fund has not yet made a final compliance determination.
If a Certified CDFI loses its certification at any point prior to the award announcement, the Application will no longer be considered by the CDFI Fund.
For consideration under this NOFA, each FA Applicant must:

7 Depository Institution Holding Company or DIHC means a Bank Holding Company or a Savings and Loan Holding Company.

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