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Federal Register / Vol. 86, No. 32 / Friday, February 19, 2021 / Notices
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TABLE 8ELIGIBILITY REQUIREMENTS FOR FA APPLICANTSContinued
Target Market

Community Collaboration
Matching Funds documentation
$5 Million funding cap

FA Applicants Partners.

with
Community

Regulated Institution

PPCFA

DFFA

HFFIFA

Demonstrate that at least 50% of its past activities were in one or more Native Communities; and Describe how it will target its lending/investing activities to one or more Native Communities.
For consideration under this NOFA, an FA Applicants certification Target Market must have one or more of the following characteristics:
For qualifying with an Investment Area, the Applicant must demonstrate that the Investment Area approved for certification is also a geographic area of Federally-designated reservations, Hawaiian homelands, Alaska Native Villages and U.S. Census Bureau designated Tribal Statistical Areas;
and/or For qualifying with an Other Targeted Population OTP, the applicants Target Market approved for certification must be an OTP of Native Americans or American Indians, including Alaska Natives living in Alaska and Native Hawaiians living in Hawaii.
Any FA Applicant whose certification Target Market does not meet either of the conditions above will not be eligible for an FA award under this NOFA.
All FA Applicants must demonstrate strong community collaboration with Native Communities.
Native American CDFIs are not required to provide Matching Funds.
The CDFI Fund is prohibited from obligating more than $5 million in CDFI and NACA Program awards, in the aggregate, to any one organization and its Subsidiaries and Affiliates during any three-year period from the Announcement Date.
For TA Applicants, for purposes of this NOFA and per final FY 2021 appropriations language, the CDFI
Fund will include CDFI and NACA Program final awards in the cap calculation that were provided to an Applicant and/or its Subsidiaries or Affiliates under the FY 2019, and 2020 funding rounds, as well as the requested FY 2021 award, excluding DFFA and HFFIFA awards.
For FA Applicants, for purposes of this NOFA and per final FY 2021 appropriations language, the CDFI
Fund will include CDFI and NACA Program final awards in the cap calculation that were provided to an Applicant and/or its Subsidiaries or Affiliates under the FY 2019 and 2020 funding rounds, as well as the requested FY 2021 award, excluding DFFA and HFFIFA awards.
A NACA Applicant can apply for assistance jointly with a Community Partner. The CDFI Applicant must complete the NACA Program Application and address the Community Partnership in its business plan and other sections of the Application as specified in the Application materials.
The CDFI Applicant must be a Certified CDFI as defined in Table 5.
An Application with a Community Partner must:
Describe how the NACA Applicant and Community Partner will each participate in the partnership and how the partnership will enhance eligible activities serving the Investment Area and/or Targeted Population.
Demonstrate that the Community Partnership activities are consistent with the strategic plan submitted by the NACA Applicant.
Assistance provided upon approval of an Application with a Community Partner shall only be entrusted to the NACA Applicant and shall not be used to fund any activity carried out directly by the Community Partner or an Affiliate or Subsidiary thereof.
Each Regulated Institution FA 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 3.
FA Applicants with CAMELS/CAMEL ratings of 4 or 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.
All PPCFA Applicants must:
Submit a CDFI or NACA Program FA Application;
Meet all NACA FA award eligibility requirements; and Provide a PPCFA award request amount in AMIS.
All DFFA Applicants must:
Submit a CDFI or NACA Program FA Application;
Meet all NACA FA award eligibility requirements;
Submit the DFFA Application; and Provide a DFFA award request amount in AMIS.
All HFFIFA Applicants must:
Submit a CDFI or NACA Program FA Application;
Meet all NACA FA award eligibility requirements;
Submit the HFFIFA Application; and Provide a HFFIFA award request amount in AMIS.

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B. Matching Funds Requirements:
Native American CDFIs are not required to provide Matching Funds.

TABLE 9RESERVED

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