💰Notice of Funds Availability for NACA Program in FY 2025
Notice of Funds Availability
Summary
Through the NACA Program, the Community Development Financial Institutions (CDFI) Fund provides (i) FA awards to Certified Community Development Financial Institutions (CDFIs) serving Native American, Alaska Native, or Native Hawaiian populations or Native American areas defined as federally-designated reservations, Hawaiian homelands, Alaska Native Villages and U.S. Census Bureau- designated Tribal Statistical Areas (collectively, "Native Communities") to build their financial capacity to lend to Eligible Markets and/or their Target Markets, and (ii) TA awards to build Certified, and Emerging CDFIs' organizational capacity to serve Eligible Markets and/or their Target Markets, and Sponsoring Entities' ability to create Certified CDFIs that serve Native Communities. All awards provided through this NOFA are subject to funding availability. ---------------------------------------------------------------------------
Agencies
- Treasury Department
- Community Development Financial Institutions Fund
Business Impact
$$ - Med
The text outlines grant opportunities under the NACA Program, specifically funding amounts and deadlines for applications, which are financial assistance programs targeted at eligible businesses such as CDFIs serving Native Communities. This provides clear opportunities for business owners to apply for funding vital for capacity building.