Community first fund - PA
Ended Formula Grant Awarded
- Award ID
- SBAHQ24Y0129
- Recipient
-
Community First Fund UEI FJ3SBWYWSAR9
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $269,051
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Lancaster, PA, USA
Award details come from USAspending.gov.
About this award
The U.S. Small Business Administration (SBA) awarded a $269,051 Formula Grant under the Microloan Program (CFDA 59.046) to Community First Fund, a non-profit Community Development Financial Institution (CDFI), to provide microloans up to $50,000 and technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities. This one-year grant with a performance period from July 1, 2024 to June 30, 2025 is intended to foster entrepreneurship and economic development by improving access to credit and business support services in areas lacking traditional financing options. Community First Fund has previously received over $500,000 in SBA Microloan Program formula grants and millions in project grants from the CDFI Fund to expand its lending, technical assistance, and community development activities.
Quick answers
Who received award SBAHQ24Y0129?
SBAHQ24Y0129 was awarded to Community First Fund by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2024.
How much is award SBAHQ24Y0129 worth?
$269,051 has been obligated on SBAHQ24Y0129.
Which agency awarded SBAHQ24Y0129?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24Y0129, with funding from Office of Capital Access (Small Business Administration).
On GovTribe
See this award's full record
- Every transaction and subaward
- The recipient's other awards and teaming partners
- Similar grant awards
- Ask GovTribe AI about this award