Project Grant 15SIHCA001

The Local Initiatives Support Corporation (LISC) was awarded a $7.5 million Project Grant from the Department of the Treasury Community Development Financial Institutions Fund on February 22, 2021. The funding is provided through the Capital Magnet Fund program (CFDA 21.011), which helps create and preserve affordable housing for low-income families and economically distressed communities by attracting private capital investments. Under this award, LISC will use the $7.5 million in grant funding...

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 Community Development Financial Institutions Fund within the Department of the Treasury awarded a $1.538 million Project Grant to The Community Investment Fund Of Indiana, Inc. through the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The two-year award running from June 2021 through June 2023 will support the organization's ability to respond to the economic impacts of the coronavirus pandemic on its communities in Indiana. As a Community...

Community Lendingworks received a $1.8 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The award period is from June 15, 2021 through December 31, 2023. The purpose of the funding is to support Community Lendingworks' ability to respond to and mitigate the economic impacts of the COVID-19 pandemic in the communities it...

This $105,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support African Economic Development Solutions' small dollar lending program through December 2024. The grant enables the certified Community Development Financial Institution to establish a loan loss reserve and receive technical assistance to provide alternative financing options to underserved communities. Specifically, the funding will help defray costs of maintaining a...

This $280,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Just Community, Inc.'s Small Dollar Loan Program through December 2024. The Small Dollar Loan Program (CFDA #21.025) aims to increase access to affordable capital and credit-building opportunities for underserved populations through the establishment of loan loss reserves and technical assistance grants to certified Community Development Financial Institutions. Just...

Forward Community Investments, Inc. received a $1.8 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program. The award period is from June 15, 2021 through December 31, 2023 and will support Forward Community Investments' ability to respond to the economic impacts of the coronavirus pandemic on its communities. As a Community Development Financial Institution,...

This $117,500 project grant from the Department of the Treasury's Community Development Financial Institutions Fund will support the Small Dollar Loan Program. Administered through the CDFI Fund's Small Dollar Loan Program (CFDA #21.025), the grant aims to increase access to affordable small dollar loans for underbanked populations. Womenventure, a certified Community Development Financial Institution, will use the funding to establish and maintain a small dollar loan program through June...

The Community Development Financial Institutions Fund within the Department of the Treasury awarded a $1.8 million Project Grant to Community Redevelopment Loan And Investment Fund, Inc. on June 15, 2021 through the Community Development Financial Institutions Rapid Response Program. The grant will support Community Redevelopment Loan & Investment Fund Inc.'s ability to provide financial and technical assistance to communities and businesses impacted by the economic effects of the COVID-19...

The Lowell Community Loan Fund, Inc. was awarded a $1,826,265 Project Grant from the Department of the Treasury Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant will support the organization's ability to respond to the economic impacts of the coronavirus by providing lending and other financial services through December 31, 2023. The CDFI RRP aims to bolster Community Development...