My organization has received a CDFI Program or NACA Program Financial Assistance award that requires us to modify our Target Market during this pause period. How will the pause affect my award compliance?

FAQ Question
My organization has received a CDFI Program or NACA Program Financial Assistance award that requires us to modify our Target Market during this pause period. How will the pause affect my award compliance?
FAQ Answer

The CDFI Fund is aware that some organizations are required to submit Target Market Modification requests as part of their Performance Goal and Measures per the terms of their Assistance Agreements and may be affected by this pause. The CDFI Fund will either amend Assistance Agreements to allow time for such organizations to be able to submit a Target Market Modification request under the new CDFI Certification policies; or hold them harmless for not being able to meet the new CDFI Certification policies.