Delta Community Capital Initiative

The Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development operates the Delta Community Capital Initiative (CFDA 14.271), a grant program funding direct investment and technical assistance to community development lending institutions serving the Lower Mississippi Delta Region, with the most recent posted opportunity closing on November 3, 2014.

The program targets capacity-building for local financial institutions, specifically funding lending and investing activities in small business development and economic expansion within chronically underserved and undercapitalized communities across the Lower Mississippi Delta. Awarded grants support community development lenders and investors in raising capital, expanding lending capacity, and improving access to financing for small business owners and entrepreneurs in the region. The program also assists applicants in pursuing CDFI certification when applicable.

Eligible applicants are 501(c)(3) nonprofits and Federally Recognized Tribal Governments that operate as community development lenders or investors. Applicants do not require CDFI certification at the time of application but may propose certification as a programmatic milestone. Individuals, foreign entities, and sole proprietorships are ineligible.

The program operates as Project Grants, the dominant or exclusive assistance type based on the solicitation structure. The source provides no recent grant award data, portfolio concentration figures, or dollar magnitudes for typical awards. The most recent posted opportunity (FR-5800-N-18) closed in November 2014, indicating no currently open solicitation in the source material. Without access to recent award activity or current funding opportunities, the recency and active pursuit status of this program cannot be determined from the available source. Organizations evaluating this program should verify current funding status and posting frequency through HUD's grants portal or the Assistance Listing website before committing business development resources.