Cooperative Agreement AID278LA1400001

This $525,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Local Enterprise Assistance Fund Inc., doing business as Leaf, in delivering financial products, financial services, development services, loan loss reserves, and capital reserves to qualified community development financial institutions. The funding aims to build awardees' financial capacity to lend to eligible markets and target populations as defined in 12 C.F.R....

This Project Grant award of $1,250,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program, under CFDA Number 21.020, supports the Local Enterprise Assistance Fund Inc. (LEAF) in delivering financial services, technical assistance, and capacity-building support to underserved communities, particularly targeting microenterprises and small businesses lacking access to affordable capital. The funding will enable LEAF, a non-profit organization...

This $690,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support the delivery of financial products, financial services, development services, loan loss reserves, and capital reserves by Local Initiatives Support Corporation. As a certified Community Development Financial Institution, Local Initiatives Support Corporation will use the funding to build its financial capacity to lend to eligible markets and target populations as...

This $525,000 project grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Co Enterprise Fund, LLC's provision of financial products, financial services, development services, loan loss reserves, and capital reserves to benefit low-income individuals and communities lacking adequate access across the United States. Awarded on December 8, 2021 with a projected completion date of September 30, 2024, the funding aims to build Co Enterprise...

The International Development Finance Corporation (IDFC) awarded a $560,000 Project Grant to Locfund Next L.P. from September 27, 2022 to September 27, 2030 under the Foreign Investment Financing (70.002) federal grant program. The grant funding will support a technical assistance facility operated by Locfund Next L.P. to build the capacity of microfinance institutions in its investment portfolio. Specifically, the technical assistance facility will provide services and expertise to strengthen...

The Local Enterprise Assistance Fund Inc., doing business as Leaf, was awarded a $1,826,265 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program. The grant will support Leaf's ability to respond to the economic impacts of the coronavirus by providing financial and technical assistance to communities and businesses between June 2021 and May 2024. The CDFI RRP aims to...

This $1,046,530 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support the Enterprise Community Loan Fund Inc. in delivering financial products, financial services, development services, loan loss reserves, and capital reserves to benefit low-income communities and populations across the United States that lack adequate access to affordable options. Specifically, the funding will help build the awardee's financial capacity to lend...

The Lower East Side Peoples Federal Credit Union (Lespfcu) was awarded a $476,530 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Program. Through this award, Lespfcu will provide financial products, financial services, development services, loan loss reserves, and capital reserves to benefit low-income individuals and communities in the United States that lack adequate access to...

The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded $482,900 under the Community Development Financial Institutions Program (CFDA 21.020) to Lower East Side Peoples Federal Credit Union (Lespfcu) from February 2023 through December 2026. This Project Grant will support Lespfcu's efforts to promote economic revitalization and community development in low-income communities. As a certified Community Development Financial Institution, Lespfcu...

This $105,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support African Economic Development Solutions' small dollar lending program through December 2024. The grant enables the certified Community Development Financial Institution to establish a loan loss reserve and receive technical assistance to provide alternative financing options to underserved communities. Specifically, the funding will help defray costs of maintaining a...