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

The Community Development Financial Institutions Fund, through the Community Development Financial Institutions Program (CFDA 21.020), awarded Northwest Indiana Regional Growth Fund Inc. a $150,000 Technical Assistance project grant effective September 30, 2025, with an ultimate completion date of September 30, 2028. This three-year award provides funding to build organizational capacity of Community Development Financial Institutions (CDFIs) and emerging CDFIs serving low-income populations and communities with limited access to affordable financial products and services.

The technical assistance funding supports eligible capacity-building activities including compensation for personal services and fringe benefits, professional service costs, travel, training and education, equipment, supplies, and incorporation costs for sponsoring entities. The grant is designed to strengthen the awardee's ability to serve eligible investment areas and targeted populations as defined in applicable Treasury regulations, ultimately enhancing the organization's capacity to provide financial services to underserved communities across the nation.

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.