09/30/2025 | Press release | Distributed by Public on 09/30/2025 06:53
WASHINGTON-Today, the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) announced that 56 organizations across the country will collectively receive nearly $8.8 million in Technical Assistance (TA) Awards under the fiscal year (FY) 2025 funding round.
These awards reflect Treasury's commitment to ensuring taxpayer dollars are used effectively and advancing economic opportunity in communities that need it most.
These TA Awards were made using funds appropriated by Congress in FY 2024 that will expire on September 30, 2025, under the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program).
Later this winter, the CDFI Fund anticipates awarding additional CDFI Program TA Awards and Financial Assistance Awards, subject to funding availability.
This represents Treasury's support for institutions that support growth in rural and other underserved markets while building stronger financial institutions.
The CDFI Program makes competitive grant awards nationwide, while the NACA Program directs resources specifically to institutions that primarily serve Native American, Native Alaskan, and Native Hawaii communities.
To learn more about how Treasury's CDFI Fund is advancing opportunity in communities across America, visit https://www.cdfifund.gov. Additional information about the CDFI Program is available at https://www.cdfifund.gov/cdfi and the NACA Program at https://www.cdfifund.gov/native.