The Director of the Community Development Financial Institutions (CDFI) Fund should reassess the significance given to Technical Assistance (TA) awardees’ non-compliance with the CDFI certification requirement of the Assistance Agreement(s) when making a determination of default or no default since one of several goals is for a non-certified entity to build capacity and become CDFI certified.
Questioned Costs
$0
Funds for Better Use
$0
Recommendation Status
Closed
Source UUID
a8be5d0b-04ba-4084-8bf9-309fad5d5758-1-3
Recommendation Number
1-3
Significant Recommendation
Yes