This $560,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support Lowell Community Loan Fund Inc.'s work under the Community Development Financial Institutions Program. The CDFI Program provides monetary awards and technical assistance to certified Community Development Financial Institutions and emerging CDFIs to promote economic revitalization and community development. Lowell Community Loan Fund will use the funding to...
This $2.6 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support the Local Initiatives Support Corporation in delivering services to community development financial institutions (CDFIs) through December 2026. The Community Development Financial Institutions Program aims to promote economic revitalization and community development by investing in and assisting certified and emerging CDFIs. Specifically, grant funds will...
This $1,046,530 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support the Enterprise Community Loan Fund Inc. in delivering financial products, financial services, development services, loan loss reserves, and capital reserves to benefit low-income communities and populations across the United States that lack adequate access to affordable options. Specifically, the funding will help build the awardee's financial capacity to lend...
This $1,060,000 project grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support Community Loan Fund of the Capital Region, Inc.'s work to promote economic revitalization and community development. As part of the Community Development Financial Institutions Program (CFDA 21.020), which uses monetary awards and training to invest in and build the capacity of certified Community Development Financial Institutions, this three-year award ending...
This $1,046,530 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 Low Income Investment Fund. The funding assists this certified Community Development Financial Institution in building its financial capacity to lend to eligible low-income communities and individuals across the United States who lack...
This $625,000 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 to low-income communities and individuals lacking adequate access to affordable options. Awarded to the Local Government Federal Credit Union on December 8, 2021, this funding under the Community Development Financial Institutions Program aims to...
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...
Lowell Community Loan Fund, Inc. was awarded $500,000 under the Department of the Treasury Community Development Financial Institutions Fund's Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033) on April 10, 2023. The grant will enable Lowell Community Loan Fund to provide $500K in loans, investments, financial counseling and capacity building support through December 31, 2028 to expand economic opportunities for low- and moderate-income...
This $1,025,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support the provision of financial products, financial services, development services, loan loss reserves, and capital reserves by Community Loan Fund of the Capital Region, 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 and...
The Project Grant award of $300,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to the Lafayette Community Development Fund is intended to invest in and build the capacity of the CDFI. The funding will empower the CDFI to grow, achieve organizational sustainability, and drive community revitalization, particularly in underserved Native American and low-income communities. The award provides monetary support and training...