CDFI Fund Awards $201.4 Million Through CDFI, NACA Programs

Thursday, September 24, 2020 - 2:00pm

The Community Development Financial Institutions (CDFI) Fund today awarded $204.1 million to 397 CDFIs through the fiscal year 2020 round of the CDFI program and Native American CDFI Assistance (NACA) program . The CDFI program, which invests in and builds the capacity of CDFIs to serve low-income people and communities that lack adequate access to affordable financial services and products, awarded $187.3 million. The NACA program, which facilitates the creating and advancement of Native CDFIs, awarded $16.8 million.