CDFI Impact Blog



Reminder for Potential FY 2020 CDFI Program and NACA Program Applicants: There’s Still Time to Prepare! for Potential FY 2020 CDFI Program and NACA Program Applicants: There’s Still Time to Prepare!<div class="ExternalClass6253446ED80849DBA1B528641745A125"><p>Interested in applying to the upcoming fiscal year (FY) 2020 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program)? You may find the following information helpful in getting started. The CDFI Fund is tentatively planning to open the FY 2020 CDFI Program and NACA Program application round in the first quarter of calendar year 2020.</p><p>The CDFI Program and NACA Program team held a pre-application webinar for potential applicants on December 18, 2019. The recording of that webinar and the accompanying presentation is now available for review <a href="/programs-training/Programs/cdfi-program/Pages/apply-step.aspx" target="_blank">on the CDFI Fund’s website here</a>. The webinar covered the below information, including setting up essential System for Award Management (SAM),, and Awards Management Information System (AMIS) accounts before applying for an award. Additional helpful links may be found below.</p><p><b>FY 2020 Pre-Application Webinar</b></p><ul><li><p><a href="" target="_blank">FY 2020 Pre-Application Webinar Recording</a></p></li><li><p><a href="/Documents/FY%202020%20CDFI%20NACA%20Pre-Application%20Overview%20Presentation.pdf" target="_blank">FY 2020 Pre-Application Webinar Presentation</a><br></p></li></ul><p><b>Initial “Getting Ready to Apply” Steps</b></p><p><i>The below information has been previously released and updated to reflect new information regarding the System for Award Management (SAM or As always, the CDFI Fund encourages you to thoroughly review the information provided on and in advance, as the CDFI Fund is not responsible for maintaining those systems and processes may change.</i></p><p>To successfully submit a CDFI Program or NACA Program funding application, your organization will need to have key information on hand and account access for several different federal government websites. You can act now to speed things up for your organization when the application period opens for the CDFI Program and the NACA Program. </p><p>Completing the following will ensure that you will be able to access required forms and information in,, and AMIS. Please note that while we have done our best to compile useful links to help you, the CDFI Fund is not responsible for maintaining links or the accuracy of the information on other organizations' websites.</p><p><b>Step 1: Obtain your DUNS and EIN Numbers</b></p><p>Each applicant must provide, as part of its application submission, a Dun and Bradstreet Universal Numbering System (DUNS) number. Applicants without a DUNS number will not be able to register in and, nor submit a Standard Form (SF)-424 Mandatory in the system. Further, the DUNS number in your,, and AMIS accounts must all match and must be the correct DUNS number of the Applicant.</p><ul><li><p> Please allow sufficient time for Dun and Bradstreet to respond to inquiries and/or requests for DUNS numbers.</p></li><li><p> <a href="" target="_blank">Learn more about how to obtain a DUNS number here.</a></p></li></ul><p>Applicants must also have an Employer Identification Number (EIN) to register in, which is a prerequisite to submit a SF-424 Mandatory via Applicants that do not have an EIN number must apply to the Internal Revenue Service (IRS) to obtain the number. Further, the EIN number in your,, and AMIS accounts must all match and must be the correct EIN number of the applicant.</p><ul><li><p> Please allow sufficient time to obtain your organization’s EIN. </p></li><li><p> <a href="" target="_blank">To obtain an EIN, please visit the page here.</a></p></li></ul><p> <b>Step 2: Create or Update Your Account</b></p><p>SAM is an official website of the U.S. government that collects, validates, stores, and disseminates business information about the federal government's trading partners in support of the contract awards, grants, and electronic payment processes. You must have an active registration in to do business with the federal government.</p><p>Registration in SAM is <b>required</b> as part of the registration process and for all applications submitted for the CDFI Program and NACA Program. </p><p>Applicants that have previously registered with SAM must verify their accounts are current and active, as they need to be renewed annually. <b>Even if your organization has registered with SAM previously, you should not assume that your account is still active.</b> Also, the process to reactivate your SAM account may take longer than you anticipate. If your account is not active, you will be unable to submit the portion of your application. Additionally, if your organization is selected to receive a FY 2020 CDFI Program or NACA Program award, the funds from your award will be paid to the bank account you have on file with Therefore, it is important to have accurate bank information in the system.</p><p> requires the submission of an Entity Administrator notarized letter as part of the registration process. Please review the <a href="" target="_blank">instructions</a> carefully.</p><ul><li><p> requires the public to have a account to use <a href="" target="_blank">Here's more information about how to use to access</a></p></li><li><p> <a href="">Here’s a useful link on how to register a new entity with</a>.</p></li><li><p>This process may take <b>three weeks or longer</b> for both new applicants and applicants that need to re-activate an existing account.*<br></p></li></ul><p> <b>Step 3: Create or Update Your Account</b></p><p>Applicants must have a account and submit the appropriate SF-424 Mandatory by the deadline listed in the applicable program Notice of Funding Availability (NOFA) published in the Federal Register.</p><p>The appropriate SF-424 Mandatory must be completed and submitted electronically via before the application materials are due in your AMIS account. You will not be able to submit the SF-424 to the CDFI Fund directly. If you upload the SF-424 Mandatory to your AMIS account, it will not be reviewed. An SF-424 Mandatory must be submitted separately for each program applied to on an annual basis, in accordance with each program’s NOFA.</p><ul><li><p> Please allow sufficient time to register for a account.</p></li><li><p> <a href="" target="_blank">Here’s a useful link on how to register for a account</a>.</p></li></ul><p> <b>Step 4: Create or Update Your AMIS Account</b></p><p>Make sure your AMIS account is up-to-date: verify the contacts for your organization are current and assign them the proper permissions. Only a user designated as an Authorized Representative in AMIS can sign the FY 2020 CDFI Program or NACA Program application. Make sure that the person signing the application as the "Authorized Representative" has authority to sign legal documents on behalf of your organization. Consultants working on behalf of your organization cannot be designated as Authorized Representatives. Be sure to include e-mail addresses and phone numbers for each contact. Also, make sure that your organization's mailing address is correct.</p><p>In addition, your organization must have an EIN/Tax ID and DUNs number recorded in AMIS in order to submit your application when the applicable funding round is opened. These numbers should reflect those recorded in the SF-424 Mandatory.</p><ul><li><p> Please allow 1-2 business days to create or update an AMIS account.*</p></li><li><p> <a href="" target="_blank">Learn how to establish an AMIS account here</a>.</p></li></ul><p><br></p><p>Please note: </p><p> <i>*Applicants are advised that the stated durations are estimates only and represent minimum timeframes. Actual timeframes may take longer.</i></p> <br></div>2020-01-16T13:00:00ZPrograms and Initiatives75GP0|#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
BEA Program Awardee Provides Affordable Banking Access to Rural Alabamans Program Awardee Provides Affordable Banking Access to Rural Alabamans <div class="ExternalClassC8C081AE9189423C8C5F12EF07BBE7AF"><p>With its limited banking presence, the rural area of Atmore, Alabama lacks mainstream financial service options, particularly for the quarter of its residents that are living at or below the poverty level. This is a familiar situation in rural areas across the nation located in, or are at risk of becoming, banking deserts.</p><p><a href="/Documents/BEA%20Impact%20Story%201-13-20C.pdf" target="_blank">To read the full story, click here.</a><br></p> </div>2020-01-31T15:00:00ZLocal Impact76GP0|#6977010d-91c8-405e-8f44-4df9b1fb4ec9;L0|#06977010d-91c8-405e-8f44-4df9b1fb4ec9|Bank Enterprise Award Program;GTSet|#52f34ab0-6f81-4fe6-b393-2715c7089532;GP0|#2931fedb-552d-4ecc-991d-8d372d771277;L0|#02931fedb-552d-4ecc-991d-8d372d771277|Alabama