To promote economic revitalization and community development through technical assistance awards to build the capacity of community development financial institutions (CDFIS) and emerging CDFIS.

Circle Federal Credit Union (doing business as Greater Niles Community Federal Credit Union) received a $150,000 Technical Assistance award from the Community Development Financial Institutions (CDFI) Fund under the Community Development Financial Institutions Program (CFDA 21.020) dated September 30, 2025. The award supports organizational capacity-building services designed to strengthen the institution's ability to serve eligible markets and low-income populations lacking adequate access to affordable financial products and services.

The Technical Assistance funding enables eligible activities including personnel compensation and fringe benefits, professional services, travel, training and education, equipment, supplies, and incorporation costs. The three-year performance period extends through December 31, 2028, during which the recipient must maintain records substantiating all costs incurred and demonstrating achievement of specified performance goals and measures in accordance with applicable Office of Management and Budget guidance and assistance agreement terms. No subrecipients are involved in this award.

Activities

Technical assistance must be used for the following eligible activities subject to the applicable provisions of the uniform requirements: compensation - personal services, compensation - fringe benefits, professional service costs, travel costs, training and education costs, equipment, supplies, and incorporation costs (sponsoring entities only). End goals: the goal of the technical assistance is to build certified and emerging cdfi's organizational capacity to serve eligible markets and/or their target markets, in order to serve low-income people, and communities across the nation that lack adequate access to affordable financial products and financial services. Beneficiaries: profit organization, private nonprofit institution/organization, other private institution/organization. Investment areas and targeted populations, as defined in 12 C.F.R. 1805. Subrecipients: there are no subrecipients for this program. Broadband: not applicable. Reason for modification: not applicable.