Opportunity Information: Apply for FR 5600 N 38
Apply for FR 5600 N 38
- The Department of Housing and Urban Development in the community development sector is offering a public funding opportunity titled "Border Community Capital Initiative (BCCI)" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 14.266 Border Community Capital Initiative.
- This funding opportunity was created on Jun 24, 2013 and posted on Jun 24, 2013.
- Applicants must submit their applications by Aug 26, 2013. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- The funding agency has allocated a total of $2,000,000.00 to eligible and selected applicants.
- Each selected applicant is eligible to receive up to $1,000,000.00 in funding.
- The number of recipients for this funding is limited to 8 candidate(s).
- Eligible applicants include: Others (see text field entitled Additional Information on Eligibility for clarification).
- Eligible applicants for the BCCI are local rural nonprofits and Federally Recognized Indian tribes as defined in Section II.A.5, with demonstrated experience in lending or investing for affordable housing, small business development, and/or community facilities. Such applicants may be certified CDFIs, but CDFI certification is not required.
[Watch] Creating a grant proposal using the step-by-step wizard inside the applicant portal:
Opportunity Summary:
The Border Community Capital Initiative (BCCI) is a discretionary grant program run by the U.S. Department of Housing and Urban Development (HUD) focused on strengthening access to capital in rural border-region communities known as colonias. Its central aim is to help qualified local rural nonprofits and Federally Recognized Indian tribes expand or sustain lending and investing activities that directly support three core community development needs: affordable housing, small business development, and community facilities. Beyond funding direct lending and investment activity, the initiative is also meant to help these organizations attract and secure additional public and private capital, essentially using HUD resources to strengthen an organization s ability to bring more money into colonia-serving markets over time.
This opportunity is structured as a grant (not a loan), categorized under community development, and identified by Funding Opportunity Number FR 5600 N 38 under CFDA 14.266 (Border Community Capital Initiative). HUD anticipated making about 8 awards under this round, with an estimated total program funding amount of $2,000,000. Individual awards were expected to range from a minimum (award floor) of $200,000 to a maximum (award ceiling) of $1,000,000. There is no cost sharing or matching requirement stated for applicants, which means applicants were not required to contribute a specific non-federal match as a condition of eligibility, although applicants in practice often describe leveraged capital and partnerships as part of a strong community finance strategy.
Eligible applicants are limited to local rural nonprofits and Federally Recognized Indian tribes (as further defined in the program rules referenced in Section II.A.5 of the full notice) that serve colonias and can show demonstrated experience in lending or investing related to affordable housing, small businesses, and or community facilities. The program notes that applicants may be certified Community Development Financial Institutions (CDFIs), but CDFI certification is not required. In other words, organizations do not need formal CDFI status to apply, but they do need a credible track record and operational capability in community lending or investment activities aligned with the BCCI purpose.
In practical terms, BCCI is designed for mission-driven local financial intermediaries and tribal entities that already operate in the space of community finance and are positioned to deploy capital in colonia communities, then use the grant support to deepen that work and bring in additional sources of money. The announcement directs readers to Section III.C of the full notice for the precise list of purposes and eligible uses, indicating that the program has specific permitted activities and likely specific constraints on how funds can be deployed (for example, how capital can be used for lending or investment activities, what administrative costs are allowable, and what kinds of projects qualify within housing, small business, and community facilities categories).
Key administrative details from the posting include a posted and creation date of June 24, 2013, with an application deadline of August 26, 2013 (original and current closing dates are the same). Applicants were instructed to obtain the application package and instructions using the CFDA number only. For access issues or questions, HUD provided points of contact in the Office of Rural Housing and Economic Development: Russell Quiniola or Thann Young, reachable at 877-787-2526 or (202) 708-2290.
Border Community Capital Initiative (BCCI) - FAQs
What is the Border Community Capital Initiative (BCCI)?
The Border Community Capital Initiative (BCCI) is a discretionary grant program administered by the U.S. Department of Housing and Urban Development (HUD). It is focused on strengthening access to capital in rural border-region communities known as colonias.
What is the main purpose of BCCI?
BCCI is designed to help qualified local rural nonprofits and Federally Recognized Indian tribes expand or sustain lending and investing activities in colonia communities. The program is intended to support community development through financing that addresses key local needs.
What types of community needs does BCCI funding focus on?
The initiative targets three core community development needs in colonias: affordable housing, small business development, and community facilities.
Is this opportunity a grant or a loan?
This opportunity is a grant (not a loan) under HUD.
What is the Funding Opportunity Number and CFDA number for this program?
The Funding Opportunity Number is FR 5600 N 38. The program is listed under CFDA 14.266 (Border Community Capital Initiative).
How many awards did HUD expect to make under this round?
HUD anticipated making about 8 awards under this round.
What is the estimated total funding amount available for this round?
The estimated total program funding amount for this round was $2,000,000.
What was the expected award size (minimum and maximum)?
Individual awards were expected to range from an award floor of $200,000 to an award ceiling of $1,000,000.
Is cost sharing or matching required to apply?
No cost sharing or matching requirement is stated for applicants. Applicants were not required to contribute a specific non-federal match as a condition of eligibility.
If matching is not required, does leveraged capital matter?
While the opportunity states there is no required match, the program description emphasizes strengthening an organization's ability to attract and secure additional public and private capital over time. Applicants often describe leveraged capital and partnerships as part of a strong community finance strategy.
Who is eligible to apply?
Eligible applicants are limited to local rural nonprofits and Federally Recognized Indian tribes (as further defined in the program rules referenced in Section II.A.5 of the full notice) that serve colonias and can demonstrate experience in lending or investing related to affordable housing, small businesses, and/or community facilities.
Are Community Development Financial Institutions (CDFIs) required to apply?
No. The program notes that applicants may be certified CDFIs, but CDFI certification is not required.
If CDFI certification is not required, what experience is expected?
Organizations do not need formal CDFI status, but they do need demonstrated experience and operational capability in community lending or investment activities aligned with BCCI's purpose, particularly related to affordable housing, small business development, and/or community facilities in colonia-serving markets.
What kinds of organizations is BCCI designed for in practice?
BCCI is designed for mission-driven local financial intermediaries and tribal entities that already operate in community finance and are positioned to deploy capital in colonia communities, using grant support to deepen that work and bring in additional sources of funding.
What are eligible uses of funds?
The posting indicates that the program supports lending and investing activities that directly support affordable housing, small business development, and community facilities, and it is also intended to help organizations attract additional public and private capital. For the precise list of purposes and eligible uses, applicants were directed to Section III.C of the full notice.
Where can applicants find the precise list of eligible activities and constraints?
The announcement directs readers to Section III.C of the full notice for the precise list of purposes and eligible uses, implying the program includes specific permitted activities and likely constraints (for example, how capital can be used for lending or investment activity, allowable administrative costs, and what kinds of projects qualify within the three focus areas).
When was this opportunity posted, and what was the application deadline?
The posting and creation date was June 24, 2013. The application deadline was August 26, 2013 (the original and current closing dates were the same).
How were applicants instructed to access the application package and instructions?
Applicants were instructed to obtain the application package and instructions using the CFDA number only.
Who can applicants contact for access issues or questions?
HUD provided points of contact in the Office of Rural Housing and Economic Development: Russell Quiniola or Thann Young.
What phone numbers were provided for the HUD points of contact?
The contacts were reachable at 877-787-2526 or (202) 708-2290.
Browse more opportunities from the same category: Community Development
Next opportunity: National Park Service Analysis of Ecological Monitoring Data from Sonoran Desert Parks
Previous opportunity: Continuation of physical monitoring of the Old Inlet breach, Fire Island National Seashore
USGrants.org 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 FR 5600 N 38
[Watch] how do funding administrators access proposals?
Applicants also applied for:
Applicants who have applied for this opportunity (FR 5600 N 38) also looked into and applied for these:
| Funding Opportunity |
|---|
| OneCPD Plus Technical Assistance and Capacity Building under the Transformation Initiative Apply for FR 5700 N 19 Funding Number: FR 5700 N 19 Agency: Department of Housing and Urban Development Category: Community Development Funding Amount: Case Dependent |
| Richmond Folk Festival Apply for WASO NPS P13AC00728 Funding Number: WASO NPS P13AC00728 Agency: National Park Service Category: Community Development Funding Amount: $29,000 |
| New Bed Ford Water Front Festival Apply for NPS WASO P13AC00729 Funding Number: NPS WASO P13AC00729 Agency: National Park Service Category: Community Development Funding Amount: $18,000 |
| Veterans Cemetery Grants Apply for VA GRANTS NCA FY2014 Funding Number: VA GRANTS NCA FY2014 Agency: VA National Cemetery Administration Category: Community Development Funding Amount: $46,000,000 |
| Development Grants Program (DGP) Apply for RFA OAA 13 000020 Funding Number: RFA OAA 13 000020 Agency: Agency for International Development Category: Community Development Funding Amount: Case Dependent |
| Notice of Award Bicentennial War 1812 Apply for WASO NPS P13AC01092 Funding Number: WASO NPS P13AC01092 Agency: National Park Service Category: Community Development Funding Amount: $85,000 |
| Shared Visitor Services at Shelton Mason County Chamber of Commerce Apply for P13AC01317 Funding Number: P13AC01317 Agency: National Park Service Category: Community Development Funding Amount: $25,000 |
| FY 2014 CDFI Program FA and TA Awards Apply for CDFI 2014 FATA Funding Number: CDFI 2014 FATA Agency: Community Development Financial Institutions Category: Community Development Funding Amount: $2,000,000 |
| FY 2014 Native American CDFI Assistance Program Apply for CDFI 2014 NACA Funding Number: CDFI 2014 NACA Agency: Community Development Financial Institutions Category: Community Development Funding Amount: $750,000 |
| USAID Accountable Democratic Institutions and Systems Strengthening Project Apply for SOL 641 14 000003 Funding Number: SOL 641 14 000003 Agency: Ghana USAID Accra Category: Community Development Funding Amount: $2,200,000 |
| Early Warning and Political Violence Assessment of the West Bank Apply for CSOG CSOOPS3 13 005 Funding Number: CSOG CSOOPS3 13 005 Agency: Bureau of Conflict Stabilization Operations Category: Community Development Funding Amount: $9,500 |
| National Park Service FY 14 Youth Summit Apply for NPS NOIP14AC00337 Funding Number: NPS NOIP14AC00337 Agency: National Park Service Category: Community Development Funding Amount: Case Dependent |
| Advancing Kosovo Together Local Solutions Apply for XXXX Funding Number: XXXX Agency: Kosovo USAID Pristina Category: Community Development Funding Amount: Case Dependent |
| FY 2014 Bank Enterprise Award Program Apply for CDFI 2014 BEA Funding Number: CDFI 2014 BEA Agency: Community Development Financial Institutions Category: Community Development Funding Amount: $2,000,000 |
| Support to Ethnic Tibetans in China Apply for USAID RDMA SOL 486 14 000026 Funding Number: USAID RDMA SOL 486 14 000026 Agency: Thailand USAID Bangkok Category: Community Development Funding Amount: $25,000,000 |
| Advancing Kosovo Together Local Solutions Program Apply for RFA 167 14 000013 Funding Number: RFA 167 14 000013 Agency: Kosovo USAID Pristina Category: Community Development Funding Amount: $7,000,000 |
| Vietnam Disabilities Annual Program Statement (APS) Apply for APS 440 14 000001 Funding Number: APS 440 14 000001 Agency: Thailand USAID Bangkok Category: Community Development Funding Amount: $21,000,000 |
| Section 533 Housing Preservation Grant Apply for USDA RD HCFP HPG 2014 Funding Number: USDA RD HCFP HPG 2014 Agency: Utilities Programs Category: Community Development Funding Amount: $50,000 |
| Veterans Cemetery Grants Apply for VA GRANTS NCA FY2015 Funding Number: VA GRANTS NCA FY2015 Agency: VA National Cemetery Administration Category: Community Development Funding Amount: $46,000,000 |
| Increased Participation of Marginalized Groups (Civil Society Support Activity) Program Description Apply for RFI 167 2242 Funding Number: RFI 167 2242 Agency: Kosovo USAID Pristina Category: Community Development Funding Amount: $2,000,000 |
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
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.
Subscribe to Leads
Request more information:
Would you like to learn more about this funding opportunity, similar opportunities to "FR 5600 N 38", 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.