CDFI Impact Blog



Program Notes: FY 2018 Disability Funds-Financial Assistance Awards Notes: FY 2018 Disability Funds-Financial Assistance Awards<div class="ExternalClass167936404C85406C8E8CAE20E66F6CB5"><p>You may have noticed something new when the CDFI Fund opened the FY 2018 application round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) on January 31, 2018.</p><p>As part of this year’s application process, the CDFI Fund is inviting applicants to compete for approximately $2.5 million in supplemental Disability Funds-Financial Assistance funding (DF-FA). This award is available to CDFIs that wish to expand their financing activities and services for persons with disabilities.</p><p>Many Americans with disabilities live in communities served by CDFIs. As mission-driven organizations, CDFIs are uniquely positioned to develop affordable financial services and products to address the challenges of individuals with disabilities, such as affordable, accessible, and safe housing; employment opportunities; or access to assistive products and services that support health and community living. The DF-FA awards will encourage deeper CDFI involvement in this essential space. </p><p>In order to apply for the FY 2018 supplemental funding, interested CDFIs must apply for FY 2018 Financial Assistance (FA) funding and include their DF-FA award request as part of their FA application. Once the FA application period ends on April 4, 2018, DF-FA applicants will complete a short questionnaire application provided by the CDFI Fund. </p><p>You can learn more about the DF-FA funding opportunity by reviewing the FY 2018 Notices of Funding Availability (NOFAs) for the CDFI Program and the NACA Program, and by checking out the CDFI Fund’s issued guidance on the “How to Apply” section of our website. For the FY 2018 round, Standard Form (SF)-424s must be submitted through by March 2, 2018, and the complete FY 2018 FA application for either the CDFI Program and/or the NACA Program must be submitted through the CDFI Fund’s Awards Management Information System by April 4, 2018. </p><p>The CDFI Fund will also provide training opportunities for financial institutions interested in expanding or beginning new services for persons with disabilities. Stay tuned for more information later in 2018. </p><p> To learn more about the CDFI Program and NACA Program, please visit our website at <a href="" target="_blank"></a> or <a href="" target="_blank"></a>.   </p> </div>2018-02-07T17:00:00ZPrograms and Initiatives45GP0|#0760f5d5-6360-4d45-ba32-761ff5345cd1;L0|#00760f5d5-6360-4d45-ba32-761ff5345cd1|CDFI Program;GTSet|#52f34ab0-6f81-4fe6-b393-2715c7089532;GP0|#c890ec6f-810e-4c92-a8a0-1af04abbffc9;L0|#0c890ec6f-810e-4c92-a8a0-1af04abbffc9|Native Initiatives
Hoffinger Industries Continues to be a Swimming Success Industries Continues to be a Swimming Success<div class="ExternalClass2A6669298A7E4CBA8F92777E5D808F7A"><p>Phillips County, Arkansas is situated in what was once one of the most prosperous parts of the nation—the Arkansas Delta. Agriculture drove the area’s success, but mechanized farming techniques eventually made many jobs obsolete. Over time, communities withered as workers left for urban areas in search of work. Today the Delta is still dominated by agriculture but with much fewer workers needed to grow crops, jobs are a scarce commodity.</p><p> <a href="/Documents/Hoffinger-Southern%20Bancorp%20CDFI%20Impact%20Story%202-16-18.pdf" target="_blank">Click here to read the full story</a>.</p></div>2018-02-20T17:00:00ZLocal Impact46GP0|#c8a5d5bc-32cc-47a9-88a8-702f1f974786;L0|#0c8a5d5bc-32cc-47a9-88a8-702f1f974786|CDFI Certification;GTSet|#52f34ab0-6f81-4fe6-b393-2715c7089532;GP0|#9007f782-92c5-422c-b7ab-e0c8caa2ff92;L0|#09007f782-92c5-422c-b7ab-e0c8caa2ff92|Arkansas