Project Grant 2020BJBX0001

The Brooklyn Cooperative Federal Credit Union (BCFCU) was awarded a $1,826,265 project grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) on June 15, 2021. The grant will support BCFCU's ability to provide financial products and services through December 31, 2023 to address the economic impacts of the COVID-19 pandemic in its service areas. As a Community Development Financial Institution, BCFCU aims to...

The Appalachian Regional Commission (ARC) awarded a $1,581,502 Project Grant under the Appalachian Area Development program (CFDA 23.002) to the Community College of Beaver County (CCBC) in Pennsylvania. The funding will support CCBC's delivery of career and technical education programs aligned with workforce development goals in the Appalachian region. As the sole sub-awardee, CCBC will provide skills training and education services to increase economic competitiveness. This award also...

The Cooperative Business Assistance Corporation received a $1.8 million project grant award from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program on June 15, 2021. The two-year award will support the organization's ability to respond to the economic impacts of the coronavirus pandemic through June 30, 2023. As the stated purpose of the CDFI RRP is to support Community Development Financial Institutions in preparing for and responding to the...

Cooperative Center Federal Credit Union (Cooperative Center FCU) was awarded a $1,278,385 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund on June 15, 2021. The grant is part of the Community Development Financial Institutions Rapid Response Program and will support Cooperative Center FCU's ability to respond to the economic impacts of the coronavirus pandemic through December 31, 2023. As a Community Development Financial Institution,...

Commercial Bank & Trust Company was awarded a $1.8 million project grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) on June 15, 2021. The grant will support Commercial Bank's ability to respond to the economic impacts of the coronavirus through December 31, 2023. As a Community Development Financial Institution, Commercial Bank will use the funding to provide financial and technical assistance to...

The Community Development Financial Institutions Fund (CDFI Fund), an agency of the Department of the Treasury, awarded a $277,000 Project Grant to CBA Fund through the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The grant will support CBA Fund's ability to respond to the economic impact of the coronavirus by providing financial and technical assistance services to communities and businesses between June 2021 and December 2023. The CDFI RRP...

Bay Federal Credit Union was awarded a $1,826,265 Project Grant from the Department of the Treasury Community Development Financial Institutions Fund. The grant was awarded under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) to support the ability of Community Development Financial Institutions to respond to the economic impact of the coronavirus. Specifically, the funding will allow Bay Federal Credit Union to provide financial products and...

The Department of the Treasury Community Development Financial Institutions Fund awarded a $125,000 Project Grant under the Community Development Financial Institutions Program (CFDA 21.020) to CBC Federal Union. The grant will support technical assistance activities from September 2021 through December 2024 to build the organizational capacity of certified and emerging Community Development Financial Institutions. Technical assistance funds will be used for personal services, fringe benefits,...

The Ncrc Community Development Fund, Inc., doing business as Ncrc Cdfi, was awarded a $1,826,265 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund on June 15, 2021. The grant is part of the Community Development Financial Institutions Rapid Response Program and will support Ncrc Cdfi's ability to respond to the economic impacts of the coronavirus through December 31, 2023. As outlined in the program description for the Community Development...

The Department of the Treasury's Community Development Financial Institutions Fund awarded Baltimore Community Lending, Inc. a $1.8 million Project Grant under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The two-year award, issued on June 15, 2021, will support Baltimore Community Lending's ability to provide financial and technical assistance to communities and businesses economically impacted by COVID-19 through June 30, 2023. As a Community...