The Technical Assistance (TA) Program Summary Statistics | Additional Analysis
The Technical Assistance (TA) program provides grants to CDFIs, including non-Certified and start-up CDFIs, with the goal of building the capacity of the CDFI industry. The maximum award amount is $100,000, and awards are made before the end of each Fiscal Year, most recently in late August or September. The TA program has a fixed deadline in early spring. In FY 2003, the Technical Assistance Program replaced the SECA component. The SECA program provided technical AND financial assistance to smaller CDFIs. A similar SECA component is now part of the Financial Assistance program.
Date NOFA Opened | Fiscal Year | Amount Requested (in millions) | Number of Organizations Applying | Date Awards Announced | Amount Awarded (in millions) | Number of Awards | |
Round 1 | 3/20/98 | 1998 | $7.70 | 112 | 9/28/98 | $3.00 | 70 |
Round 2 | 1/29/99 | 1999 | $8.00 | 160 | 10/2/99 | $4.01 | 89 |
Round 3 | 1/4/00 | 2000 | $7.70 | 144 | 10/6/00 | $3.10 | 66 |
Round 4 | 11/27/00 | 2001 | $28.80 | 196 | 10/9/01 | $8.60 | 79 |
Round 5 | 9/24/01 | 2002 | $18.00 | 123 | 8/5/02 | $6.90 | 61 |
Round 6 | 2/4/03 | 2003-2004 | * | * | Multiple Announcements – Last Award Announcement on 9/30/2004 | $5.15 | 117 |
Round 7 | 11/29/04 | 2005 | * | 82 | 8/5/05 | $2.05 | 41 |
Round 8 | 12/5/2005 | 2006 | $3.40 | 53 | 8/25/06 | $1.91 | 21 |
Round 9 | 12/21/2005 | 2007 | $4.80 | 49 | 9/14/07 | $1.50 | 19 |
Round 10 | 8/29/2007 | 2008 | $5.21 | 55 | 8/28/2008 | $2.04 | 23 |
Round 11 | 8/12/2008 | 2009 | $7.4 | 79 | 10/2/2009 | $2.36 | 27 |
Round 12 | 9/28/09 | 2010 | $9.0 | 86 | 8/19/2010 | $3.0 | 33 |
TOTAL | $57.60 | 1,139 |
$43.62 | 646 |
* unpublished
Fiscal Year | % of Requests Funded (monetary) | % of Applicants Receiving Awards | Average Award (in millions) | |
Round 1 | 1998 | 38.96% | 62.50% | $ 0.0429 |
Round 2 | 1999 | 50.13% | 55.63% | $ 0.0451 |
Round 3 | 2000 | 40.26% | 45.83% | $ 0.0470 |
Round 4 | 2001 | 29.86% | 40.31% | $ 0.1089 |
Round 5 | 2002 | 38.33% | 49.59% | $ 0.1131 |
Round 6 | 2003-2004 | $ 0.0440 | ||
Round 7 | 2005 | 50.00% | $ 0.0500 | |
Round 8 | 2006 | 56.18% | 39.62% | $ 0.0910 |
Round 9 | 2007 | 31.27% | 38.78% | $ 0.0790 |
Round 10 | 2008 | 39.16% | 41.82% | $0.0887 |
Round 11 | 2009 | 31.89% | 34.18% | $0.0874 |
Round 12 | 2010 | 33.33% | 38.37% | $0.090 |
TOTAL | 44.63% | 85.21% | $0.0663 |