[Federal Register: April 9, 2004 (Volume 69, Number 69)]
[Notices]               
[Page 19074]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr09ap04-104]                         

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DEPARTMENT OF THE TREASURY

Community Development Financial Institutions Fund

 
Notice of Funds Availability Inviting Applications for the 
Community Development Financial Institutions Program--Financial 
Assistance Component

AGENCY: Community Development Financial Institutions Fund, Department 
of the Treasury.

ACTION: Change in eligibility criteria.

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SUMMARY: On February 26, 2004, the Community Development Financial 
Institutions Fund (the ``Fund'') announced in a NOFA for the Financial 
Assistance Component of the CDFI Program (69 FR 9018) that the Fund 
will not consider an application submitted by an applicant that is a 
previous Fund awardee under any Fund program or component of the CDFI 
Program if the applicant has failed to meet its reporting requirements. 
The Fund recently obtained clarification from the Office of Management 
and Budget that results in an extension of the deadline by which an 
awardee must provide us with its audited financial statement. As a 
result of this clarification, this notice revises the current NOFA to 
state that the Fund will not consider the late submission of audited 
financial statements an eligibility criterion for the Financial 
Assistance Component FY 2004 funding round.
    Please note that for those prior awardee applicants, lateness in 
submitting a FY 2003 Annual Financial Report will not make your 
organization ineligible to apply for funding under this NOFA. However, 
the Fund will continue to consider applicants ineligible for funding if 
any other current year reports are overdue as of the funding 
application deadline. All other information and requirements set forth 
in the February 26, 2004 NOFA for the Financial Assistance Component 
shall remain effective, as published.

FOR FURTHER INFORMATION CONTACT: If you have any questions about the 
programmatic requirements for this program, contact the Fund's Program 
Operations Manager. If you have questions regarding administrative 
requirements, contact the Fund's Grants Management and Compliance 
Manager. The CDFI Program Manager and the Grants Management and 
Compliance Manager may be reached by e-mail at cdfihelp@cdfi.treas.gov, 
by telephone at (202) 622-6355, by facsimile at (202) 622-7754, or by 
mail at CDFI Fund, 601 13th Street, NW., Suite 200 South, Washington, 
DC 20005. These are not toll free numbers.

    Authority: 12 U.S.C. 4703; Chapter X, Pub. L. 104-19, 109 Stat. 
237.

    Dated: April 5, 2004.
Owen M. Jones,
Acting Director, Community Development Financial Institutions Fund.
[FR Doc. 04-8092 Filed 4-8-04; 8:45 am]

BILLING CODE 4810-70-P