Community Development Financial Institutions Fund October 2023 – Federal Register Recent Federal Regulation Documents

Funding Opportunities: Small Dollar Loan Program; 2024 Funding Round
Document Number: 2023-23503
Type: Notice
Date: 2023-10-25
Agency: Community Development Financial Institutions Fund, Department of Treasury, Department of the Treasury
The Small Dollar Loan Program (SDL Program) is administered by the Community Development Financial Institutions Fund (CDFI Fund). Through the SDL Program, the CDFI Fund provides (1) grants for Loan Loss Reserves (LLR) to enable a Certified Community Development Financial Institution (CDFI) establish a loan loss reserve fund in order to cover the losses on small dollar loans associated with starting a new small dollar loan program or expanding an existing small dollar loan program; and (2) grants for Technical Assistance (TA) for technology, staff support, and other eligible activities to enable a Certified CDFI to establish and maintain a small dollar loan program. All awards provided through this Notice of Funds Availability (NOFA) are subject to funding availability.
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