The Department of the Treasury's Community Development Financial Institutions Fund awarded $1.14 million under the Community Development Financial Institutions Program (CFDA 21.020) to The Disability Opportunity Fund, Inc. doing business as Disability Opportunity Fund. This three-year Project Grant will support the Fund's efforts to promote economic revitalization and community development through investments in and assistance to certified and emerging Community Development Financial...
This $690,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Opportunity Fund's provision of financial products, financial services, development services, loan loss reserves, and capital reserves to low-income individuals and communities lacking adequate access to affordable options. Awarded on December 8, 2021 under the Community Development Financial Institutions Program (CFDA #21.020), the funding will bolster Opportunity...
The Opportunity Finance Network received a $590,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Program (CFDA 21.020). The funding will support Opportunity Finance Network's provision of financial products, financial services, development services, loan loss reserves, and capital reserves to certified Community Development Financial Institutions through December 2024. The goal...
The Project Grant award of $1,350,000.00, provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020), supports Accessity, a nonprofit community development organization, in delivering financial products, services, and technical assistance to underserved communities. Through this award, Accessity will utilize the funding to build organizational capacity, expand lending and investment activities, and foster economic...
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 $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...
The nonprofit organization Opportunity Fund received a $1,650,510 award 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). The April 10, 2023 award will support Opportunity Fund's provision of lending, grant making, and investment activities through June 30, 2028 to individuals and communities disproportionately impacted by the COVID-19 pandemic. As a...
The Opportunity Resource Fund received a $1.8 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund on June 15, 2021. The funding supports the Community Development Financial Institutions Rapid Response Program (CDFI RRP), which provides capital to Community Development Financial Institutions to address economic impacts from the COVID-19 pandemic. Through this award, Opportunity Resource Fund will deliver financial and technical...
The $800,000 federal Project Grant awarded on September 26, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) will enable Appalachian Assistive Technology Loan Fund, Inc., a certified Community Development Financial Institution (CDFI), to invest in and build the capacity of Native American CDFIs. The funding will support the delivery of targeted financial products, services, and technical assistance to promote economic...
The Community Development Financial Institutions Fund within the Department of the Treasury awarded Resident Ownership Capital, LLC a $590,000 Project Grant under the Community Development Financial Institutions Program. The grant funds will support the provision of financial products, services, development services, loan loss reserves, and capital reserves to benefit low-income individuals and communities that lack access to affordable options. As a certified Community Development Financial...