Project Grant 104352005Q22542

This $281,400 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Community Lendingworks' Small Dollar Loan Program activities through September 2023. The funding will enable the certified Community Development Financial Institution to establish a loan loss reserve and provide technical assistance to increase small dollar lending to underbanked populations. Through this Small Dollar Loan Program (CFDA #21.025), the awardee aims to...

The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $383,223 Project Grant to Apoyo Financiero, Inc. under the Small Dollar Loan Program (CFDA #21.025). The grant funds will enable Apoyo Financiero to establish and maintain small business loan programs that provide affordable alternatives to high-cost small dollar loans. The program aims to help unbanked and underbanked populations build credit and access the mainstream financial system. The...

The federal Project Grant award, provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Small Dollar Loan Program (CFDA 21.025), grants $383,223 to Local 1199 Credit Union, a certified CDFI, to establish and maintain a small business loan program. The funding supports the creation of loan loss reserves and the provision of technical assistance to enable the credit union to offer affordable alternatives to high-cost small dollar loans,...

The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $339,536 Project Grant through the Small Dollar Loan Program (CFDA 21.025) to Community Lendingworks, a certified CDFI operating as a non-profit organization. The grant enables Community Lendingworks to establish and maintain small business loan programs that provide affordable alternatives to high-cost small dollar loans. The funding supports loan loss reserves and technical assistance to...

The federal Project Grant award with ID 24SDL064028G, provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Small Dollar Loan Program (CFDA 21.025), totaling $383,223 and awarded on April 16, 2024, is intended to enable the awardee, Great Rivers Community Capital, Inc., to establish and maintain small business loan programs. The primary objectives of this grant are to offer affordable alternatives to high-cost small dollar loans...

This $135,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support People Incorporated Financial Services' small dollar lending program through June 2025. The Small Dollar Loan Program grant enables certified Community Development Financial Institutions to establish loan loss reserve funds and receive technical assistance grants to develop and maintain affordable small dollar loan programs. These programs are intended to...

This $415,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Optus Financial Corporation's small dollar lending program through December 2024. Under the Small Dollar Loan Program (CFDA 21.025), the grant provides funding for loan loss reserves and technical assistance to enable the certified Community Development Financial Institution to establish and maintain affordable small dollar loans. Such loans help the unbanked and...

The Latino Economic Development Corporation of Washington DC was awarded a $193,024 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Small Dollar Loan Program (CFDA 21.025). Through this award, the Latino Economic Development Corporation will establish a loan loss reserve and provide technical assistance to enable the organization to establish and maintain a small dollar loan program. The small dollar loans are intended to provide an...

This $295,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support the Bank of Commerce's participation in the Small Dollar Loan Program. Through this award ending December 2024, the Bank of Commerce will establish a loan loss reserve and receive technical assistance to provide alternative small dollar loans to underbanked populations. The Small Dollar Loan Program aims to increase access to affordable capital and credit building...

The federal Project Grant award of $201,192 was provided by the Community Development Financial Institutions (CDFI) Fund, part of the U.S. Department of the Treasury, under the Small Dollar Loan Program (CFDA 21.025). The grant is intended to enable Members First Credit Union, a certified CDFI, to establish and maintain a small business loan program. The primary objectives are to provide affordable alternatives to high-cost small dollar loans and help unbanked and underbanked populations build...