Cooperative Agreement AID492A1400002

The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded $660,000 under the Community Development Financial Institutions Program (CFDA 21.020) to Midwest Housing Development Fund, Inc. This three-year Project Grant will support the CDFI Fund's mission to promote economic revitalization and community development through investment in and assistance to certified Community Development Financial Institutions (CDFIs). Specifically, the funding will enable...

This $625,000 Project Grant was awarded by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the CDFI Program (CFDA 21.020). The grant aims to invest in and build the capacity of the Myusa Credit Union, Inc. (dba Midusa), a certified CDFI, to enable it to grow, achieve sustainability, and drive economic revitalization in the underserved communities it serves. The funding will support the credit union in delivering financial services, loans,...

The Midwest Housing Development Fund, Inc. was awarded a $1,826,265 Project Grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program on June 15, 2021. The grant is intended to support the ability of Community Development Financial Institutions to respond to the economic impacts of the coronavirus through December 31, 2023. Through this funding, Midwest Housing Development Fund, Inc. will provide services to support, prepare for, and...

This $3,250,000 Project Grant was awarded by the U.S. International Development Finance Corporation (DFC) under the Technical Assistance and Feasibility Studies program (CFDA 87.101) to provide pre- and post-investment technical assistance to first-time fund manager Sharaka Capital Management. The funding supports the structuring of their investment fund and training for small and medium enterprises (SMEs) in the Middle East and North Africa (MENA) region. The award has a performance period from...

The Genesis Fund received a $1.8 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The award period is from June 15, 2021 through March 31, 2024 to support the ability of Community Development Financial Institutions to respond to the economic impacts of the coronavirus pandemic. As a Community Development Financial Institution...

The Metropolitan Economic Development Association (Meda) 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 Meda's ability to respond to the economic impact of the coronavirus. The CDFI RRP grant will allow Meda to provide $1.8 million in services through December 2023 to support and...

The Midminnesota Federal Credit Union received a $1.8 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) to support, prepare for, and respond to the economic impact of the coronavirus. The grant period runs from June 15, 2021 through December 31, 2023 and will allow Midminnesota Federal Credit Union to provide financing and other assistance to communities and businesses affected by the...

This $1,250,000 Project Grant was awarded on September 26, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to the Midwest Minnesota Community Development Corp (MMCDC), a certified CDFI and community development corporation. The grant funding will enable MMCDC to continue delivering financial services, loans, investments, and technical assistance to underserved communities across Minnesota and the Midwest, with a focus on...

The Cincinnati Development Fund received a $525,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Program (CDFI Program, CFDA 21.020). The grant funding will support the Cincinnati Development Fund's provision of financial products, financial services, development services, loan loss reserves, and capital reserves to eligible markets and target populations as defined in 12...

This $525,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support the Miami Bayside Foundation Inc.'s provision of financial products, financial services, development services, loan loss reserves, and capital reserves to eligible markets and target populations as defined in 12 C.F.R. 1805. The Foundation, a certified Community Development Financial Institution, will use the three-year award ending December 2024 to build its...