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Federal Register / Vol. 86, No. 32 / Friday, February 19, 2021 / Notices
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. The Native American CDFI Assistance NACA
Program made its first awards in 2002, after the CDFI Program began making awards in 1996.
B. Priorities: Through the NACA
Programs 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 CDFIs. These organizations, certified as CDFIs by the CDFI Fund, serve Native Communities.
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. Authorizing Statute. The regulations governing the NACA 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. The CDFI

Fund encourages Applicants to review the Regulations; this NOFA; the NACA
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 NACA 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. The CDFI Fund also reserves the right to reallocate funds from the amount that is anticipated to be available through this NOFA to other CDFI Fund initiatives that are designed to benefit Native Communities, particularly if the CDFI Fund determines that the number of awards made through this NOFA is fewer than projected.
II. Federal Award Information A. Funding Availability:
1. FY 2021 Funding Round: The CDFI
Fund expects to award, through this NOFA, approximately $16.5 million as indicated in the following table:

TABLE 2FY 2021 FUNDING ROUND ANTICIPATED CATEGORY AMOUNTS
Award Amount
Estimated total amount to be awarded millions
Base-FA
Persistent Poverty CountiesFinancial Assistance PPCFA
TA
Total Base-FA, PPCFA, and TA
Disability FundsFinancial Assistance DFFA
Healthy Food Financing InitiativeFinancial Assistance HFFIFA

$11.9

$150,000

$1,000,000

23

$517,000

$615,000

1.6
3 16.5

100,000
10,000

300,000
$150,000

11
20
54

145,000
148,000

143,750
145,000

3

100,000

500,000

16

187,000

235,000

22

500,000

5,000,000

14

1,600,000

1,692,000

Minimum
Maximum
Estimated number of awards for FY 2021

Estimate average amount awarded in FY 2021

Funding categories see definition in Table 7 for TA or Table 8 for FA

Average amount awarded in FY 2020

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DFFA 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
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Performance for TA grants begins with the date of the award announcement and includes either i an Emerging CDFI Recipients three full consecutive 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, or iii a Sponsoring Entity Recipients four full years after the date of the award announcement,
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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.

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