Opportunity Information: Apply for CDFI 2022 SDL
The Fiscal Year 2022 Small Dollar Loan Program (SDL Program) is a discretionary federal grant opportunity offered by the U.S. Department of the Treasury through the Community Development Financial Institutions Fund (CDFI Fund). The program is designed to strengthen access to safe, affordable small-dollar credit by supporting Certified Community Development Financial Institutions (Certified CDFIs) that either operate or want to expand small dollar loan programs. Its central goal is to provide practical alternatives to high-cost small dollar lending options, such as predatory payday-style products, and to help consumers move toward more stable participation in the mainstream financial system.
Funding is provided as a grant (not a loan) and is intended to help Certified CDFIs establish and maintain lending programs that serve people who are unbanked or underbanked. In practice, this means the SDL Program supports efforts that can help borrowers build or repair credit histories, gain access to affordable capital for short-term needs, and reduce reliance on expensive, debt-trap credit products. The broader community development purpose is to promote financial inclusion by making responsible credit more available and sustainable in communities that are often underserved by traditional financial institutions.
The opportunity is identified as "Fiscal Year 2022 Small Dollar Loan Program" with Funding Opportunity Number "CDFI 2022 SDL" and is categorized under community development funding activities. The associated CFDA (Assistance Listing) number is 21.025. The eligible applicant pool is limited to entities that meet the program definition of eligibility, which the notice summarizes as "Others" and clarifies in the full announcement text as Certified CDFIs. In other words, the program is not open to the general public, individual borrowers, or organizations that are not formally certified through the CDFI Fund certification process.
Key funding details indicate an award ceiling of $500,000 per award, with an estimated 50 awards expected under this round. The opportunity was created on May 16, 2022, with an original application closing date of June 15, 2022. Taken together, these details point to a competitive grant round intended to distribute moderate-sized awards across a relatively large group of qualified mission-driven lenders, enabling them to scale small-dollar loan offerings and related credit-building supports.
At a high level, the SDL Program reflects Treasury and CDFI Fund priorities around consumer financial health and equitable access to credit. By channeling federal grant dollars through Certified CDFIs, the program leverages institutions that already have community development missions, local market knowledge, and experience serving borrowers who may be excluded from conventional credit. The expected outcome is more affordable, transparent small-dollar lending in underserved markets, paired with improved borrower credit outcomes and stronger connections to mainstream financial services.Apply for CDFI 2022 SDL
- The US Department of the Treasury, Community Development Financial Institutions in the community development sector is offering a public funding opportunity titled "Fiscal Year 2022 Small Dollar Loan Program" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 21.025.
- This funding opportunity was created on May 16, 2022.
- Applicants must submit their applications by Jun 15, 2022. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- Each selected applicant is eligible to receive up to $500,000.00 in funding.
- The number of recipients for this funding is limited to 50 candidate(s).
- Eligible applicants include: Others (see text field entitled Additional Information on Eligibility for clarification).
[Watch] Creating a grant proposal using the step-by-step wizard inside the applicant portal:
Browse more opportunities from the same category: Community Development
Next opportunity: Evidence-based Workforce Development Partnership Training – Curriculum Development/Conversion
Previous opportunity: NRCS Maine Certified Nutrient Management Planner
Applicant Portal:
Are you interested in learning about about how to apply for this government funding opportunity? You can create a free applicant account and receive instant access to our applicant portal that many business owners like you have benefited from.
Apply for CDFI 2022 SDL
Applicants also applied for:
Applicants who have applied for this opportunity (CDFI 2022 SDL) also looked into and applied for these:
| Funding Opportunity |
|---|
| Ambassador’s Special Self-Help Fund (ASSHF) Apply for DOS RWANDA PE 2022 01 Funding Number: DOS RWANDA PE 2022 01 Agency: Department of State, U.S. Mission to Rwanda Category: Community Development Funding Amount: $15,000 |
| Strengthening Citizen Engagement Activity in Serbia Apply for 72016922RFA00003 Funding Number: 72016922RFA00003 Agency: Agency for International Development, Serbia USAID-Belgrade Category: Community Development Funding Amount: $10,000,000 |
| U.S. Embassy Gaborone, Ambassador's Special Self-Help Fund Program (ASSHF) Apply for DOS GABORONE GR ASSHF 2022 Funding Number: DOS GABORONE GR ASSHF 2022 Agency: Department of State, U.S. Mission to Botswana Category: Community Development Funding Amount: $20,000 |
| PEPFAR Botswana Community Led-Monitoring (CLM) Program Apply for PEPFAR GABORONE AF CLM GR 22 23 Funding Number: PEPFAR GABORONE AF CLM GR 22 23 Agency: Department of State, U.S. Mission to Botswana Category: Community Development Funding Amount: $180,000 |
| Building Leaders in Cuban Civil Society Program Apply for SFOP0009044 Funding Number: SFOP0009044 Agency: Department of State, Bureau of Western Hemisphere Affairs Category: Community Development Funding Amount: $543,125 |
| Supporting Youth Rehabilitation and Reintegration in Jordan Apply for PAS JOR FY22 004 Funding Number: PAS JOR FY22 004 Agency: Department of State, U.S. Mission to Jordan Category: Community Development Funding Amount: $500,000 |
| Restoring Our Future Activity Apply for 72051422RFA00001 Funding Number: 72051422RFA00001 Agency: Agency for International Development, Colombia USAID-Bogota Category: Community Development Funding Amount: $70,000,000 |
| Continuum of Care Supplemental to Address Unsheltered and Rural Homelessness Apply for FR 6500 N 25S Funding Number: FR 6500 N 25S Agency: US Department of Housing and Urban Development Category: Community Development Funding Amount: $60,000,000 |
| Fiscal Year 2022 CDFI Equitable Recovery Program Apply for CDFI 2022 ERP Funding Number: CDFI 2022 ERP Agency: US Department of the Treasury, Community Development Financial Institutions Category: Community Development Funding Amount: $15,000,000 |
| U.S. Ambassador's Special Self Help Program Apply for DOS ZAMBIA PE 2022 01 Funding Number: DOS ZAMBIA PE 2022 01 Agency: Department of State, U.S. Mission to Zambia Category: Community Development Funding Amount: $15,000 |
| FY 2022 Citizenship and Integration Grant Program: Regional Hub Program (RHP) Apply for DHS 22 CIS 010 001 Funding Number: DHS 22 CIS 010 001 Agency: Department of Homeland Security, Office of Procurement Operations - Grants Division Category: Community Development Funding Amount: $1,000,000 |
| FY 2022 Citizenship and Integration Grant Program: Citizenship Instruction and Naturalization Application Services (CINAS) Apply for DHS 22 CIS 010 002 Funding Number: DHS 22 CIS 010 002 Agency: Department of Homeland Security, Office of Procurement Operations - Grants Division Category: Community Development Funding Amount: $300,000 |
| FY 2022 Citizenship and Integration Grant Program: Community and Regional Integration Network Grant (CARING) Apply for DHS 22 CIS 010 003 Funding Number: DHS 22 CIS 010 003 Agency: Department of Homeland Security, Office of Procurement Operations - Grants Division Category: Community Development Funding Amount: $300,000 |
| FY 2022 Citizenship and Integration Grant Program: Innovations in Citizenship Education Apply for DHS 22 CIS 010 004 Funding Number: DHS 22 CIS 010 004 Agency: Department of Homeland Security, Office of Procurement Operations - Grants Division Category: Community Development Funding Amount: $250,000 |
| Case Management Pilot Program Apply for DHS 22 GPD 102 00 01 Funding Number: DHS 22 GPD 102 00 01 Agency: Department of Homeland Security, Department of Homeland Security - FEMA Category: Community Development Funding Amount: $5,000,000 |
| PEPFAR Community Led Monitoring – Mozambique Apply for MAPUTO PCO FY23 01 Funding Number: MAPUTO PCO FY23 01 Agency: Department of State, U.S. Mission to Mozambique Category: Community Development Funding Amount: $100,000 |
| Veterans Cemetery Grants Apply for VA NCA VCGP 2023 Funding Number: VA NCA VCGP 2023 Agency: Department of Veterans Affairs, VA National Cemetery Administration Category: Community Development Funding Amount: $45,000,000 |
| Leadership in Social Entrepreneurship Apply for DOS AZE PD 22 04 Funding Number: DOS AZE PD 22 04 Agency: Department of State, U.S. Mission to Azerbaijan Category: Community Development Funding Amount: $585,000 |
| Saudi Young Leaders Exchange Program (SYLEP) Apply for DOS SAU PD 2207 Funding Number: DOS SAU PD 2207 Agency: Department of State, U.S. Mission to Saudi Arabia Category: Community Development Funding Amount: $350,000 |
| Distracted Driving and Walking Among Hispanic Youth Apply for 693JJ922R000058 Funding Number: 693JJ922R000058 Agency: Department of Transportation, National Highway Traffic Safety Administration Category: Community Development Funding Amount: $320,983 |
Grant application guides and resources
It is always free to apply for government grants. However the process may be very complex depending on the funding opportunity you are applying for. Let us help you!
Apply for Grants
Inside Our Applicants Portal
Access Applicants Portal
- Grants Repository - Access current and historic funding opportunities with ease. Thousands of funding opportunities are published every week. We can help you sort through the database and find the eligible ones to apply for.
- Applicant Video Guides - The grant application process can be challenging to follow. We can help you with intuitive video guides to speed up the process and eliminate errors in submissions.
- Grant Proposal Wizard - We have developed a network of private funding organizations and investors across the United States. We can reach out and submit your proposal to these contacts to maximize your chances of getting the funding you need.
Premium leads for funding administrators, grant writers, and loan issuers
Thousands of people visit our website for their funding needs every day. When a user creates a grant proposal and files for submission, we pass the information on to funding administrators, grant writers, and government loan issuers.
If you manage government grant programs, provide grant writing services, or issue personal or government loans, we can help you reach your audience.
Learn More
Request more information:
Would you like to learn more about this funding opportunity, similar opportunities to "CDFI 2022 SDL", eligibility, application service, and/or application tips? Submit an inquiry below:
Don't forget to subscribe to our grant alerts mailing list to receive weekly alerts on new and updated grant funding opportunities like this one in your email.