through the CDFI Program, the CDFI Fund provideS:
(I) Financial Assistance (FA) awards to CDFIs that have Comprehensive Business Plans for creating demonstrable community development impact through the deployment of credit, capital, and financial services within their respective Target Markets or
the expansion into new Investment Areas, Low-Income Targeted Populations, or Other Targeted Populations, and (ii) Technical Assistance (TA) grants to CDFIs and entities proposing to become CDFIs in order to build their capacity to better address the community development and capital access needs of their particular Target Markets, to expand into new Investment Areas, Low-Income Targeted Populations, or Other Targeted Populations, and/or to become certified CDFIs.
Due to the fact that the CDFI Funds FY 2015 appropriation includes a waiver of the matching funds requirement for entities applying for FA awards through the NACA Program, the Healthy Food Financing Initiative, and the SECA component of the CDFI Program, the CDFI Fund is providing an additional 45-day application submission window for any eligible organization that did not submit a SECA component or NACA Program FA application by the original application deadline of November 24, 2014 and SECA and NACA FA applicants that submitted applications by the original application deadline of November 24, 2014 have the option to update their award request information based on the waiver of the matching funds requirement.