Metro community development, INC. - MI
Ended Formula Grant Awarded Last action
- Award ID
- SBAHQ23Y0073
- Recipient
-
Metro Community Development Inc. UEI V6DNDG8F4ME4
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- 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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