Metro community DEV INC. - MI
Ended Formula Grant Awarded
- Award ID
- SBAHQ24Y0130
- Recipient
-
Metro Community Development Inc. UEI V6DNDG8F4ME4
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $262,661
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
The U.S. Small Business Administration (SBA) awarded a $262,661 Formula Grant under the Microloan Program (CFDA 59.046) to Metro Community Development Inc., a non-profit community development organization in Flint, Michigan. The grant will support the organization's delivery of microloans up to $50,000 and accompanying technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals in underserved Flint communities. As a certified Community Development Financial Institution (CDFI), Metro Community Development leverages federal funding to address homelessness, promote affordable housing, and foster economic development in the Flint area. The grant award has a performance period from July 1, 2024 to June 30, 2025.
Quick answers
Who received award SBAHQ24Y0130?
SBAHQ24Y0130 was awarded to Metro Community Development Inc. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2024.
How much is award SBAHQ24Y0130 worth?
$262,661 has been obligated on SBAHQ24Y0130.
Which agency awarded SBAHQ24Y0130?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24Y0130, 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