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

Guardian Financial Network, Inc.'s Lending Division received a $150,000 Technical Assistance award from the Community Development Financial Institutions Fund under the Community Development Financial Institutions Program (CFDA 21.020) as of September 30, 2025. This award supports organizational capacity-building activities designed to enhance Guardian Financial Network's ability to serve low-income communities and underserved markets that lack adequate access to affordable financial products and services. The technical assistance funding may be directed toward eligible activities including personnel compensation, fringe benefits, professional services, travel, training and education, equipment, supplies, and incorporation costs as permitted under applicable uniform requirements.

The three-year performance period, extending through December 31, 2028, aligns with the CDFI Program's standard timeline for emerging CDFIs and reflects the program's emphasis on building institutional capabilities. As a recipient of technical assistance funding, Guardian Financial Network is required to maintain comprehensive records documenting all costs incurred and demonstrating achievement of specified performance goals and measures in accordance with Office of Management and Budget guidance and the terms of the assistance agreement. This award contributes to the broader CDFI Program objective of promoting economic revitalization and community development by strengthening the operational and financial capacity of Community Development Financial Institutions operating across the United States.

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.