CDFI Fund Update: Request for Information about NMTC Program Native Initiative

Today, the Community Development Financial Institutions Fund (CDFI Fund) released a Request for Information related to an upcoming procurement that is part of a broader effort to increase New Markets Tax Credit (NMTC) investment in Federal Indian Reservations, Off-Reservation Trust Lands, Hawaiian Home Lands, and Alaska Native Village Statistical Areas (NMTC Native Areas). Industry and subject-matter experts are encouraged to review the Request for Information, which outlines the scope of this procurement.

The CDFI Fund will require a contractor to perform preliminary research and analysis; plan, coordinate and administer a survey; develop a self-assessment guide; and plan, coordinate and facilitate technical workshops. The technical workshops will be targeted to Certified Community Development Entities (CDEs) that are Native owned or controlled, Native Community Development Financial Institutions (CDFIs), and other tribal entities that focus on investing in NMTC Native Areas. Collectively, these efforts are expected to increase the CDFI Fund’s understanding of best practices from past NMTC investments in NMTC Native Areas. The self-assessment guide and technical workshops will also provide a variety of strategies and tools for existing and potential Native CDEs to successfully participate in the New Markets Tax Credit Program (NMTC Program).

The CDFI Fund is interested in procuring a contractor to support this effort. The Request for Information published today requests that interested vendors provide a three-page capability statement, which includes a description of their experience or knowledge in:

• the NMTC Program and industry;
• managing Federal government contracts;
• conducting research related to community development and/or economic development;
• developing survey instruments and conducting surveys;
• conducting training related to the NMTC Program;
• working with and/or familiarity with Native American, Alaskan Native and Native Hawaiian populations and/or institutions that primarily serve Native American, Alaskan Native and Native Hawaiian populations, including Native owned or controlled CDFIs, CDEs, banks and thrifts;
• effective communication skills, including writing and compiling reports; and,
• effectively marketing training workshops.

Industry and subject-matter experts are invited to view the Request for Information on SAM.gov. Responses should be submitted electronically to the following email addresses: Purchasing@fiscal.treasury.gov and CC: Margaret.Womack@fiscal.treasury.gov and Stacy.Row@fiscal.treasury.gov. Respondents should reference “SSN/RFI 20340621N00001 ATTN: MWomack/SRow" in the subject line of the email. Responses are due no later than 10:00 a.m. ET on June 2, 2021.

To learn more about the NMTC Program, please visit the CDFI Fund’s website at www.cdfifund.gov/nmtc or view the program’s fact sheet.