Formula Grant 15158VA088N2032

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 Department of the Treasury Community Development Financial Institutions Fund awarded $255,000 under the Small Dollar Loan Program (CFDA 21.025) to Checkspring Community Corporation on September 23, 2021. Through this Project Grant, Checkspring will establish a loan loss reserve and provide technical assistance to enable small dollar lending to underbanked populations through 2024. Specifically, the grant funds will defray costs of maintaining a small dollar loan program and support...

The Community Development Financial Institutions Fund within the Department of the Treasury awarded a $1.8 million Project Grant to CLB The Community Bank through the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant period runs from June 15, 2021 through December 31, 2023 and will support CLB's ability to respond to the economic impacts of the coronavirus pandemic on its communities. As a Community Development Financial Institution, CLB...

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...

The Department of the Treasury's Community Development Financial Institutions Fund awarded a $125,000 Project Grant under the Community Development Financial Institutions Program (CFDA 21.020) to Salicoop, doing business as Cooperativa De Ahorro Y Credito De Salinas, to provide technical assistance services from September 16, 2021 through December 31, 2023. The goal of this funding is to build the organizational capacity of certified and emerging Community Development Financial Institutions...

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...

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...

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...

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...