The Department of the Treasury's Community Development Financial Institutions Fund awarded Clearinghouse Community Development Financial Institution $1.8 million under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) from June 2021 through December 2023. The CDFI RRP grant aims to support Community Development Financial Institutions' ability to respond to the economic impacts of the coronavirus pandemic by preparing for and responding to related...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program has awarded a $1,735,000 Project Grant to Locus Impact Fund, a certified CDFI and community development corporation based in Richmond, Virginia. This CFDA 21.020 grant will enable Locus Impact Fund to deliver financial products, services, and technical assistance to support economic revitalization and community development in low-income, Native American, and underserved communities across multiple...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Locus Impact Fund $1,826,265 under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) from June 15, 2021 through December 31, 2023. The CDFI RRP aims to support Community Development Financial Institutions' (CDFIs) ability to address the economic impacts of the coronavirus pandemic in their communities. Under this award, Locus Impact Fund will deploy...
This Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund provides $676,530 to Checkspring Community Corporation through December 2024 to promote economic revitalization and community development. As part of the Community Development Financial Institutions Program (CFDA 21.020), the funding will support financial products, services, development services, loan loss reserves, and capital reserves to build Checkspring's capacity to lend to...
The Corporation for Supportive Housing (CSH) was awarded a $1.8 million project grant from the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI) under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The grant will support CSH's ability to respond to the economic impacts of the coronavirus pandemic through June 2023. The CDFI RRP aims to support Community Development Financial Institutions (CDFIs) in...
The Community Development Financial Institutions Fund within the Department of the Treasury awarded Cen-Tex Certified Development Corporation $280,000 under the Small Dollar Loan Program (CFDA 21.025) on September 23, 2021. Through June 30, 2025, Cen-Tex will establish and maintain a small dollar loan program to provide an alternative to high-cost small dollar loans and help the unbanked and underbanked build credit and access affordable capital. Specifically, grant funds will enable Cen-Tex...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Crcd Community Loan Fund LLC on November 21, 2024. The purpose of this grant is to promote economic revitalization and community development by providing technical assistance to build the capacity of certified and emerging CDFIs. The planned activities include compensation for personal services, fringe benefits, professional services, travel, training,...
Quontic Bank Holdings Corp. 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) to support, prepare for, and respond to the economic impact of the coronavirus. The CDFI RRP aims to bolster the ability of Community Development Financial Institutions like Quontic Bank Holdings Corp. to address the needs of local communities and businesses affected by COVID-19 through the provision...
This $2,350,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) supports the Clearinghouse Community Development Financial Institution, a certified CDFI. The grant funding will enable Clearinghouse to provide monetary awards and training to build the capacity of Native CDFIs. This will empower them to grow, achieve sustainability, and drive economic revitalization and community development in Native...
The Cdcli Funding Corporation was awarded a $1,038,000 Project Grant from the Department of the Treasury Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant will support Cdcli Funding Corporation's ability to provide financial and other services to communities and businesses impacted by the economic effects of the coronavirus pandemic from June 2021 through December 2023. As a Community...