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2021-03-04
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Bond Guarantee Program, FY 2021; Notice of Guarantee Availability
Notices
D09002ee1bdb27f96
D09002ee1bdb28006
United States
Department of the Treasury
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United States Government Agency or Subagency
United States
Community Development Financial Institutions Fund
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org
United States Government Agency or Subagency
This NOGA is published in connection with the CDFI Bond Guarantee Program, administered by the Community Development Financial Institutions Fund (CDFI Fund), the U.S. Department of the Treasury (Treasury). Through this NOGA, the CDFI Fund announces the availability of up to $500 million of Guarantee Authority in FY 2021. This NOGA explains application submission and evaluation requirements and processes, and provides agency contacts and information on CDFI Bond Guarantee Program outreach. Parties interested in being approved for a Guarantee under the CDFI Bond Guarantee Program must submit Qualified Issuer Applications and Guarantee Applications for consideration in accordance with this NOGA. The required minimum over- collateralization rates established in FY 2020 have been removed for the FY 2021 round. In the FY 2021 round, over-collateralization rates will be determined during the underwriting process for each applicant. Capitalized terms used in this NOGA and not defined elsewhere are defined in the CDFI Bond Guarantee Program regulations (12 CFR 1808.102) and the CDFI Program regulations (12 CFR 1805.104).
86 FR 12772
https://www.govinfo.gov/app/details/FR-2021-03-04/2021-04429
2021-04429
fr04mr21-89
4810-70-P
https://www.govinfo.gov/app/details/FR-2021-03-04/2021-04429
https://www.govinfo.gov/content/pkg/FR-2021-03-04/html/2021-04429.htm
https://www.govinfo.gov/content/pkg/FR-2021-03-04/pdf/2021-04429.pdf
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86 FR 12772
Bond Guarantee Program, FY 2021; Notice of Guarantee Availability; Federal Register Vol. 86, Issue
NOTICE
2021-04429
DEPARTMENT OF THE TREASURY
Community Development Financial Institutions Fund
2021-04-26
4810-70-P
2021-04429
This NOGA is published in connection with the CDFI Bond Guarantee Program, administered by the Community Development Financial Institutions Fund (CDFI Fund), the U.S. Department of the Treasury (Treasury). Through this NOGA, the CDFI Fund announces the availability of up to $500 million of Guarantee Authority in FY 2021. This NOGA explains application submission and evaluation requirements and processes, and provides agency contacts and information on CDFI Bond Guarantee Program outreach. Parties interested in being approved for a Guarantee under the CDFI Bond Guarantee Program must submit Qualified Issuer Applications and Guarantee Applications for consideration in accordance with this NOGA. The required minimum over- collateralization rates established in FY 2020 have been removed for the FY 2021 round. In the FY 2021 round, over-collateralization rates will be determined during the underwriting process for each applicant. Capitalized terms used in this NOGA and not defined elsewhere are defined in the CDFI Bond Guarantee Program regulations (12 CFR 1808.102) and the CDFI Program regulations (12 CFR 1805.104).
Qualified Issuer Applications and Guarantee Applications may be submitted to the CDFI Fund starting on the date of publication of this NOGA. In order to be considered for the issuance of a Guarantee in fiscal year (FY) 2021, Qualified Issuer Applications must be submitted by 11:59 p.m. Eastern Time (ET) on April 26, 2021 and Guarantee Applications must be submitted by 11:59 p.m. ET on May 3, 2021. If applicable, CDFI Certification Applications must be received by the CDFI Fund by 11:59 p.m. ET on April 2, 2021. Under FY 2021 authority Bond Documents and Bond Loan documents must be executed, and Guarantees will be provided, in the order in which Guarantee Applications are approved or by such other criteria that the CDFI Fund may establish, in its sole discretion, and in any event by September 30, 2021.
Funding Opportunity:
Bond Guarantee Program, FY 2021,
AMIS@cdfi.treas.gov
bgp@cdfi.treas.gov
ccme@cdfi.treas.gov
Grants.gov
http://www.cdfifund.gov
http://www.cdfifund.gov/bond
https://amis.cdfifund.gov
https://www.cdfifund.gov/programs-training/Programs/cdfi-bond/Pages/apply-step.aspx#step2
https://www.cdfifund.gov/programs-training/Programs/cdfi-bond/Pages/closing-disbursement-step.aspx#step4
https://www.cdfifund.gov/programs-training/Programs/cdfi-bond/Pages/compliance-step.aspx#step5
https://www.sam.gov
www.cdfifund.gov
www.cdfifund.gov/bond
www.treasury.gov/ffb
Federal Register
Vol. 86, no. 41
Office of the Federal Register, National Archives and Records Administration
2021-03-04
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