Formula Grant P425F201954

The Cares Project Inc. was awarded a $200,000 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 funding will support The Cares Project Inc.'s ability to provide financial services that prepare for and respond to the economic impacts of the coronavirus through December 31, 2023. As a Community Development Financial Institution, The Cares Project Inc. will use the CDFI RRP...

The Community Development Financial Institutions Fund within the Department of the Treasury awarded a $1,826,265 Project Grant to Community Development And Affordable Housing Fund, LLC through the Community Development Financial Institutions Rapid Response Program. The grant will support the awardee's ability to provide financial and technical assistance to communities and businesses impacted by COVID-19 from June 2021 through December 2023. As part of the CDFI Rapid Response Program, which is...

The Department of Education Office of Postsecondary Education awarded a $758,696 Formula Grant to New York Medical Support Career Training Center, Inc. on March 9, 2021 through the Education Stabilization Fund federal grant program (CFDA 84.425). The funding supports the CARES Act Higher Education Emergency Relief Fund to Student and will be used to prevent, prepare for, and respond to the coronavirus COVID-19 disease pandemic through July 26, 2022. Specifically, the grant provides $758,696 to...

The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $143,000 Project Grant to The Cares Project Inc., a nonprofit Community Development Financial Institution (CDFI) located in Winston-Salem, North Carolina. The grant, awarded on September 26, 2024, is part of the CDFI Program (CFDA 21.020), which promotes economic revitalization and community development through investments in certified CDFIs. The funding will enable The Cares Project...

Act! (Albany Community Together!), Inc. was awarded a $664,000 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 Act!'s ability to respond to the economic impacts of the coronavirus by providing financial and other services to communities from June 2021 through December 2023. The CDFI Rapid Response Program aims to support Community Development...

The Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP) awarded Ariel Economic Development Fund LLC $200,000 under the CFDA 21.024 program to support, prepare for, and respond to the economic impact of the COVID-19 pandemic. Per the award, the grantee may use funding for financial products, financial services, loan loss reserves, development services, and capital reserves (for regulated institutions only). Additionally, up to $30,000...

The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded a $1.8 million Project Grant to Fresno Community Development Financial Institution (doing business as Access Plus Capital) under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The two-year award, made on June 15, 2021, will support Access Plus Capital's ability to respond to the economic impacts of the coronavirus pandemic by providing $1.8...

The Department of the Treasury's Community Development Financial Institutions Fund awarded a $1.7 million Project Grant to Ircs Center For Economic Opportunity Inc. under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The two-year award running from June 2021 through September 2023 will support the organization's ability to respond to the economic impacts of the coronavirus pandemic on its target communities. As a Community Development...

The Employee Resources Credit Union 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 grant funding will support the credit union's ability to respond to the economic impacts of the coronavirus pandemic through the program completion date of December 31, 2023. As the recipient of CDFI RRP funding, Employee Resources Credit Union will utilize the $1.8 million to provide credit...

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...