Assistance Listing 21.025
Small Dollar Loan Program
TREASURY, DEPARTMENT OF THE · Community Development Financial Institutions
Assistance Listing 21.025, “Small Dollar Loan Program,” is a federal program administered by TREASURY, DEPARTMENT OF THE. It provides grant assistance. GrantsJunction currently tracks 0 open, 0 forecasted and 0 closed opportunities under this listing.
Program objective
Through the Small Dollar Loan Program, the CDFI Fund provides (1) grants to enable a certified Community Development Financial Institution (CDFI) or any partnership between a certified CDFI and federally insured depository institution, with a primary mission to serve targeted Investment Areas, to establish a loan-loss reserve fund to cover the losses on small dollar loans from a new small dollar program or an existing small dollar loan program; and (2) grants for Technical Assistance to a certified CDFI or any partnership between or among certified CDFIs to establish and maintain small dollar loan programs. Small Dollar Loan Program grants cannot be used to provide direct loans to consumers. This program is intended to provide an alternative to high-cost small dollar loans, as well as help unbanked and underbanked populations build credit, access affordable capital, and allow greater access into the mainstream financial system.
As published in the SAM.gov Assistance Listing.
Current opportunities under 21.025
No open or forecasted opportunities are currently posted under this listing. Programs often post notices on an annual cycle — see recently closed opportunities below for timing.
Eligible applicants (program level)
- Nonprofit Organization
Nonprofit Organizations, For Profit Organizations and Other Private Institutions/Organizations in the form of federally insured depository institutions, or federally-insured credit unions that are certified CDFIs.
Program-level eligibility from SAM.gov. Each funding notice sets its own requirements.
Reported obligations by fiscal year
Historical data · not a predictionRange and average of financial assistance (from the listing): FY 2023: No Funding Round FY 2024: Range of awards $112,093 to $383,223; Average Award $274,433. FY 2024 was a double funding round. FY 2024 obligations made from FY 2023 and FY 2024 appropriations.
Source: SAM.gov Assistance Listing 21.025. Hatched bars are agency estimates. These totals do not indicate approval rates.Who gets funded
Historical data · not a predictionUSAspending.gov shows no grant or cooperative agreement awards under ALN 21.025 since recent years. The program may fund other kinds of assistance, or may not have made awards recently.
Source: USAspending.gov (grants and cooperative agreements, award types 02–05), refreshed weekly. Names and amounts are as reported by agencies and prime recipients. Past recipients show where money went — not who is eligible or how likely an application is to succeed.
Frequently asked questions
What is ALN 21.025?
21.025 is the Assistance Listing Number for “Small Dollar Loan Program.” Assistance Listing Numbers (formerly CFDA numbers) identify federal assistance programs; individual grant opportunities reference the listing they are funded under.
Who can apply under ALN 21.025?
The SAM.gov listing names these applicant types: Nonprofit Organization. Each funding notice under the program sets its own eligibility, so check the specific opportunity.