Interested in the CDFI Equitable Recovery Program? Get Ready to Apply Today!
Interested in applying to the upcoming fiscal year (FY) 2022 funding round for the CDFI Equitable Recovery Program (CDFI ERP)? The Community Development Financial Institutions Fund (CDFI Fund) is tentatively planning to open the fiscal year (FY) 2022 CDFI ERP application round later this spring. Now is a great time for organizations to begin to prepare to apply for a CDFI ERP award. Enacted in December 2020, the Consolidated Appropriations Act, 2021 (Pub. L. 116-260) provided $1.75 billion to the CDFI Fund to provide grants to Community Development Financial Institutions (CDFIs) to respond to the economic effects of the COVID-19 pandemic.