[Federal Register Volume 87, Number 137 (Tuesday, July 19, 2022)]
[Notices]
[Pages 43109-43110]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-15357]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Community Development Financial Institutions Fund


Funding Opportunity: Community Development Financial Institutions 
Fund

    Funding Opportunity Title: Change to Notice of Funds Availability 
(NOFA) inviting Applications for grants under the CDFI Equitable 
Recovery Program (CDFI ERP).
    Announcement Type: Change of Application deadline and other key 
deadlines; technical correction related to eligibility requirements.
    Catalog of Federal Domestic Assistance (CFDA) Number: 21.033.
    Executive Summary: On June 24, 2022, the Community Development 
Financial Institutions Fund (CDFI Fund) published a Notice of Funds 
Availability (NOFA) for grants under the CDFI Equitable Recovery 
Program (CDFI ERP) in the Federal Register (87 FR 37912, June 24, 2022) 
announcing the availability of approximately $1.73 billion in grants, 
pursuant to Sec.  523 (Section 523) of Division N of the Consolidated 
Appropriations Act, 2021 (Pub. L. 116-260). The CDFI Fund is issuing 
this notice to amend the below six deadlines contained within the NOFA. 
The revised deadlines are listed in Table A.

           Table A--Revised Deadlines for CDFI ERP Applicants
------------------------------------------------------------------------
           Description             Original deadline   Revised deadline
------------------------------------------------------------------------
Submit OMB Standard Form-424      11:59 p.m. Eastern  11:59 p.m. ET on
 Mandatory (Application for        Time (ET) on July   August 18, 2022.
 Federal Assistance) (SF-424).     26, 2022.
Enter Employer Identification     11:59 p.m. ET on    11:59 p.m. ET on
 Number (EIN) and Unique Entity    July 26, 2022.      August 18, 2022.
 Identifier (UEI) numbers in
 AMIS.
Last day to contact CDFI Fund     5:00 p.m. ET on     5:00 p.m. ET on
 with questions about the CDFI     August 19, 2022.    September 20,
 ERP.                                                  2022.
Last day to contact CDFI Fund     5:00 p.m. ET on     5:00 p.m. ET on
 with questions about Compliance   August 19, 2022.    September 20,
 or CDFI Certification.                                2022.
Last day to contact AMIS-IT Help  5:00 p.m. ET on     5:00 p.m. ET on
 Desk (regarding AMIS technical    August 23, 2022.    September 22,
 problems only).                                       2022.
Submit complete CDFI ERP          11:59 p.m. ET on    11:59 p.m. ET on
 Application Package.              August 23, 2022.    September 22,
                                                       2022.
------------------------------------------------------------------------

    All other deadlines shall remain in accordance with the NOFA 
published on June 24, 2022.
    Additionally, the CDFI Fund is issuing a technical correction to 
one of the eligibility requirements outlined in Table 3 of the NOFA 
published on June 24, 2022. The NOFA requires that each ``Applicant has 
audited financial statements encompassing its two most recent historic 
fiscal years prior to the publication date of this NOFA.'' The CDFI 
Fund adds the following clarification to this requirement:
    If, for any reason, the audit for the Applicant's most recent 
historic fiscal year is not complete as of the due date of the AMIS 
Application, the Applicant must have audited financial statements for 
its two historic fiscal years prior to the most recent historic fiscal 
year. A Regulated Institution that files call reports to its regulator 
is exempt from the requirement to have audits.
    To correspond with this correction, Table 4 in the NOFA, outlining 
required Application documents and attachments, is edited to reflect 
which attachments are required. For loan funds, venture funds, and 
other non-regulated institutions, if the audit for the Applicant's most 
recent historic fiscal year is not complete as of the due date of the 
AMIS Application, the Applicant should attach audited financial 
statements encompassing its

[[Page 43110]]

two historic fiscal years prior to the most recent historic fiscal 
year.
    Capitalized terms used but not defined in the NOFA are defined in 
the Regulations, the Application, the Application Materials, or the 
Uniform Requirements. All other information and requirements set forth 
in the NOFA published on June 24, 2022, shall remain effective, as 
published.

I. Agency Contacts

    A. General information and CDFI Fund support: The CDFI Fund will 
respond to questions concerning the NOFA and the Application between 
the hours of 9:00 a.m. and 5:00 p.m. Eastern Time, starting on the date 
that the NOFA was published through the dates listed in this notice. 
The CDFI Fund strongly recommends Applicants submit questions to the 
CDFI Fund via an AMIS service request for the CDFI ERP, Office of 
Certification Evaluation and Policy, the Office of Compliance 
Monitoring and Evaluation, or IT Help Desk. The CDFI Fund will post on 
its website information to clarify the NOFA and Application. Other 
information regarding the CDFI Fund and its programs may be obtained 
from the CDFI Fund's website at http://www.cdfifund.gov.
    B. The CDFI Fund's contact information is as follows:

                                          Table B--Contact Information
----------------------------------------------------------------------------------------------------------------
                                                                       Telephone No.
            Type of question                   Preferred method          (not toll          Email addresses
                                                                           free)
----------------------------------------------------------------------------------------------------------------
CDFI ERP Questions......................  Service Request via AMIS..    202-653-0421  [email protected].
CDFI Certification......................  Service Request via AMIS..    202-653-0423  [email protected].
Compliance Monitoring and Evaluation....  Service Request via AMIS..    202-653-0423  [email protected].
AMIS--IT Help Desk......................  Service Request via AMIS..    202-653-0422  [email protected].
----------------------------------------------------------------------------------------------------------------

    C. Communication with the CDFI Fund: The CDFI Fund will use the 
contact information in AMIS to communicate with Applicants and 
Recipients. It is imperative therefore, that Applicants, Recipients, 
Subsidiaries, Affiliates, and signatories maintain accurate contact 
information in their accounts. This includes information such as 
contact names (especially for the Authorized Representative), email 
addresses, fax and phone numbers, and office locations. For more 
information about AMIS, please see the AMIS Landing Page at https://amis.cdfifund.gov.
    Authority: Pub L. 116-260; 12 U.S.C. 4701, et seq.; 12 CFR parts 
1805 and 1815; 2 CFR part 200.

Jodie L. Harris,
Director, Community Development Financial Institutions Fund.
[FR Doc. 2022-15357 Filed 7-14-22; 11:15 am]
BILLING CODE 4810-05-P