On June 23, 2022, the Community Development Financial Institutions Fund (CDFI Fund) announced the opening of the FY 2022 CDFI Equitable Recovery Program (ERP) round with the public release of a Notice of Funds Availability (NOFA). The NOFA set forth the deadline for submitting the FY 2022 CDFI ERP Application via the CDFI Fund's Award Management Information System (AMIS) as 11:59 p.m. Eastern Time on September 23, 2022. You can find more information here.
To determine eligibility for the Equitable Recovery Program (ERP) a CDFI must first complete a Pre-Application Eligibility Questionnaire that includes questions about the two primary eligibility criteria listed below.
NCN wants to know how these eligibility criteria affect your CDFI and will share this feedback with the CDFI Fund.
The first eligibility criteria reads as follows:

In order to be eligible to apply for a CDFI ERP Award, at least 30% of your average annual Financial Products closed and Grants made (dollar volume and number of transactions) in your five most recent historic fiscal years must have been closed in ERP Eligible Geographies.


To view a map of these eligible geographies, click here

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* 1. Does your Native CDFI meet the 30% requirement as described in the criteria listed above?

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* 2. For the Native CDFI's who serve non-land based Tribes and the Tribes Federally Designated Service Counties, are these counties included in the ERP Map?

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* 3. Please list the tribes and/or service counties you serve that are not included in the ERP Eligible Geographies:

The second eligibility criteria requires an Applicant to have audited financial statements encompassing its two most recent historic fiscal years prior to the publication date of this NOFA.

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* 4. Is your CDFI impacted by this requirement?

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* 5. Please share additional feedback you have on the pre-application eligibility criteria and how your CDFI may be affected.

Thank you for completing this poll!

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