Metro community development, INC. - MI

Ended Formula Grant Awarded Last action

Award ID
SBAHQ23Y0073
Recipient
Awarding agency
Obligated
$446,095

Award facts

Assistance listing
59.046 Microloan Program
Completion date
Funding agency
Office of Capital Access Small Business Administration
Place of performance
Flint, MI, USA

Award details come from USAspending.gov.

About this award

This $446,095 Formula Grant award from the Small Business Administration's Microloan Program (CFDA 59.046) was provided to Metro Community Development, Inc. (Metro), a non-profit community development corporation located in Flint, MI. The grant period runs from July 1, 2023 to June 30, 2024.

Through this award, Metro will leverage its expertise to provide a range of services to support women, low-income, and minority entrepreneurs and small businesses in the Flint area that are suffering from a lack of credit. These services will include administering microloans as well as providing training and technical assistance to start-up and growing small businesses. In the past, Metro has successfully delivered similar services under sub awards from the Microloan Program and other federal grant programs such as HUD's Continuum of Care and Community Development Block Grant programs, working in partnership with local governments and non-profit organizations.

Quick answers

Who received award SBAHQ23Y0073?

SBAHQ23Y0073 was awarded to Metro Community Development Inc. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2023.

How much is award SBAHQ23Y0073 worth?

$446,095 has been obligated on SBAHQ23Y0073.

Which agency awarded SBAHQ23Y0073?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ23Y0073, with funding from Office of Capital Access (Small Business Administration).

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