Federal Register - February 19, 2021
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Source: Federal Register
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Federal Register / Vol. 86, No. 32 / Friday, February 19, 2021 / Notices TABLE 14STEP 4: BASE-FA POLICY REVIEW SCORING CRITERIA
Score needed o advance
Section
Possible scores
Economic Distress
Economic Opportunities
Community Collaboration
1, 2, 3, 4, or 5
1, 2, 3, 4, or 5
1, 2, 3, 4, or 5
1
1
1
N/A.
N/A.
N/A.
Total Policy Objective Review Composite Score
1, 2, 3, 4, or 5
1
All Scores Advance.
e. Step 5: Award Amount Determination: The CDFI Fund determines an award amount for each Application based on the Step 4 Total Policy Objective Review Score, the Applicants request amount, and on certain other factors, including but not limited to, an Applicants deployment track record, minimum award size, and funding availability. Award amounts may be reduced from the requested award amount as a result of this analysis. For NACA FA Applicants, the award cannot exceed 100% of the Applicants total portfolio outstanding as of the Applicants most recent historic fiscal year end. 9
2. Healthy Food Financing InitiativeFA HFFIFA Application Scoring, Award Selection, Review, and Selection Process: A CDFI Fund internal reviewer will evaluate each HFFIFA Application associated with a Base-FA Application that progresses to Step 4 of the FA
Application review process. The reviewer will evaluate the Application sections listed in Table 15 and assign a Total HFFIFA Score up to 60 points.
The CDFI Fund will make awards to the highest scoring Applicants first. All Applications will be reviewed in accordance with standard reviewer evaluation materials. Applicants that fail to receive a Base-FA award will not be considered for a HFFIFA award.
High score
The CDFI Fund conducts additional levels of due diligence for Applications that are under consideration for an HFFIFA award. Award amounts may be reduced from the requested award amount as a result of this analysis. The CDFI Fund may reduce awards sizes from requested amounts based on certain variables, including but not limited to, an Applicants loan disbursement activity, total portfolio outstanding, or compliance with prior HFFIFA awards. Lastly, the CDFI Fund may consider the geographic diversity of Applicants when making its funding decisions.
TABLE 15STEP 4 HFFIFA APPLICATION SCORING CRITERIA
Possible score points
tkelley on DSKBCP9HB2PROD with NOTICES
Sections Target Market Profile
Healthy Food Financial Products
Projected HFFIFA Activities
HFFI Track Record
Management Capacity for Providing Healthy Food Financing
10
10
15
20
5
Total HFFIFA Possible Score
60
3. Persistent Poverty Counties Financial Assistance PPCFA
Application Scoring, Award Selection, Review, and Selection Process: A CDFI
Fund internal reviewer will evaluate the PPCFA request of each associated Base-FA Application that progresses to Step 4 of the FA Application review process. PPCFA requests are not scored. PPCFA award amounts will be determined based on the total number of eligible Applicants and funding availability, the Applicants requested amount, and on certain factors, including but not limited to, an Applicants overall portfolio size, historical track record of deployment in
PPC, pipeline of projects in PPC, minimum award size, and funding availability. Applicants that fail to receive a Base-FA award will not be considered for a PPCFA award.
4. Disability Funds-Financial Assistance DFFA Application Scoring, Award Selection, Review, and Selection Process: A CDFI Fund internal reviewer will evaluate each DFFA
Application associated with a Base-FA
Application that progresses to Step 4 of the FA Application review process. The reviewer will evaluate the Application and assign a Total DFFA Score on a scale of one 1 to three 3, with one 1
being the highest score. Applicants are
then grouped according to Total DFFA
Score. All Applications will be reviewed in accordance with standard reviewer evaluation materials.
Applicants that fail to receive a Base-FA
award will not be considered for a DF
FA award. Award amounts will be determined on the basis of the Total DFFA Score, the Applicants requested amount, and on certain factors, including but not limited to, an Applicants deployment track record, minimum award size, and funding availability. Award amounts may be reduced from the requested award amount as a result of this analysis. The
9 For the purposes of this NOFA, an Applicants most recent historic fiscal year end is determined as follows.
A Applicants with a 3/31 fiscal year end date will treat FY 2020 as their most recent historic fiscal year and FY 2021 as their current year.
B Applicants with a 6/30 fiscal year end date will treat FY 2020 as their most recent historic fiscal year and FY 2021 as their current year.
C Applicants with a 9/30 fiscal year end date and a completed FY 2020 audit will treat FY 2020
as their most recent historic fiscal year and FY 2021
as their current year.
D Applicants with a 9/30 fiscal year end date but without a completed FY 2020 audit will treat FY 2019 as their most recent historic fiscal year and FY 2020 as their current year.
E Applicants with a 12/31 fiscal year end date, with or without a completed FY 2020 audit, will treat FY 2019 as their most recent historic fiscal year and FY 2020 as their current year.
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