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

Connect Humanity received a $150,000 Technical Assistance award from the Community Development Financial Institutions Fund under the Community Development Financial Institutions Program (CFDA 21.020), obligated on September 30, 2025, with a completion date of June 30, 2029. This three-year Technical Assistance grant supports organizational capacity-building activities for Community Development Financial Institutions (CDFIs) and emerging CDFIs. The funded activities include eligible expenditures for personnel compensation and fringe benefits, professional services, travel, training and education, equipment, supplies, and incorporation costs.

The award is designed to enhance the organizational capabilities of CDFIs to serve low-income populations and underserved communities that lack adequate access to affordable financial products and services. Through this Technical Assistance funding, Connect Humanity will provide support to build institutional capacity within certified and emerging CDFIs operating across eligible investment areas and targeted populations as defined under applicable regulations, ultimately promoting economic revitalization and community development at the national level.

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.