The Community Development Financial Institutions Fund within the Department of the Treasury awarded Cincinnati Development Fund $640,000 under the Community Development Financial Institutions Program (CDFI Program, CFDA #21.020) from February 2023 through March 2026. This Project Grant will support Cincinnati Development Fund's efforts to promote economic revitalization and community development through investment in and assistance to certified and emerging Community Development Financial...
The Cincinnati Development Fund received a $3.72 million project grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to provide lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. The award, issued on April 10, 2023, will support the organization's efforts to expand access to capital for underserved borrowers through March 31, 2029....
The Cincinnati Development Fund received a $1.8 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program on June 15, 2021. The grant funding will support the Cincinnati Development Fund's ability to respond to the economic impacts of the coronavirus through March 31, 2024. As the name implies, the Community Development Financial Institutions Rapid Response Program provides flexible funding to CDFIs, such as the...
The Department of the Treasury's Community Development Financial Institutions Fund awarded a $125,000 Project Grant to Greater Cincinnati Microenterprise Initiative Inc. under the Community Development Financial Institutions Program (CFDA 21.020). The grant will support technical assistance activities to build the recipient's organizational capacity to serve eligible low-income markets and communities that lack access to affordable financial products and services. Eligible technical assistance...
The Project Grant award of $1,250,000.00 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) will support Catalytic Development Funding Corp. of Northern Kentucky, a non-profit Community Development Corporation, in delivering critical financial services, lending, grant-making, and technical assistance to underserved communities in Northern Kentucky. The award, which runs from September 2024 through December 2027, will enable the...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $1,217,900 under the Community Development Financial Institutions Program (CFDA 21.020) to Finance Fund Capital Corp. This Project Grant will support the CDFI Program's goal of promoting economic revitalization and community development through February 2023 to December 2026. The CDFI Program uses monetary awards and training opportunities to build the capacity of certified Community Development...
This $525,000 project grant from the Department of the Treasury's Community Development Financial Institutions Fund will promote economic revitalization and community development through investment in and assistance to Community Investment Corp, a certified Community Development Financial Institution (CDFI). As part of the Community Development Financial Institutions Program (CFDA 21.020), the financial assistance must be used for financial products, financial services, development services,...
This $525,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support the delivery of financial products, financial services, development services, loan loss reserves, and capital reserves by Community Redevelopment Loan and Investment Fund, Inc. to eligible markets and target populations as defined in 12 C.F.R. 1805. The funding assists the awardee community development financial institution in building its capacity to lend to...
This $640,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support Catalytic Development Funding Corporation of Northern Kentucky's work to promote economic revitalization and community development. Through December 2026, Catalytic will invest in and provide assistance to certified and emerging Community Development Financial Institutions, building their capacity and empowering them to drive community revitalization....
This $250,000 project grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support the Louisville Housing Opportunities & Micro-Enterprise Community Development Loan Fund Inc. in delivering services that promote economic revitalization and community development. Through December 2026, the awardee will invest in and provide assistance to certified and emerging Community Development Financial Institutions, as defined in the Community...