The Department of the Treasury's Community Development Financial Institutions Fund awarded Community First Fund $1,050,000 under the Community Development Financial Institutions Program (CFDA 21.020) from February 2023 through June 2026. Through this Project Grant, Community First Fund will invest in and build the capacity of certified Community Development Financial Institutions, empowering them to drive community revitalization and achieve organizational sustainability. As a certified CDFI and...
The Department of the Treasury's Community Development Financial Institutions Fund awarded a $2 million Project Grant to Community First Fund to support economic revitalization and community development through the Community Development Financial Institutions Program (CFDA 21.020). Through this award, Community First Fund will invest in and build the capacity of certified Community Development Financial Institutions, empowering them to grow, achieve sustainability, and drive community...
The federal Project Grant award of $1,735,000.00 is provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Community First Fund, a non-profit Community Development Financial Institution (CDFI) based in Lancaster, Pennsylvania. The funding will enable Community First Fund to deliver a range of financial services and support to underserved communities, including microloans up to $50,000, technical assistance, and training to...
The $3,800,000 Project Grant awarded by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Community First Fund, doing business as Community First Capital, aims to invest in and build the capacity of this certified CDFI. The funding will empower the organization to grow, achieve sustainability, and drive community revitalization, particularly in Native American and low-income communities across the United States. Through the...
The Department of the Treasury's Community Development Financial Institutions Fund awarded a $125,000 Project Grant to Community First Fund Federal Credit Union under the Community Development Financial Institutions Program (CFDA 21.020). The grant will support the credit union in building its organizational capacity to serve eligible low-income communities and individuals who lack access to affordable financial products and services. As a certified Community Development Financial Institution,...
This $701,530 project grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support The First Bancshares, Inc. (doing business as Thefirst) in delivering financial products, financial services, development services, loan loss reserves, and capital reserves to eligible markets and target populations as defined in 12 C.F.R. 1805. The funding aims to promote economic revitalization and community development by building the awardee's capacity to...
This Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund provides $766,530 to Freedom First Federal Credit Union to promote economic revitalization and community development. Under the Community Development Financial Institutions Program (CFDA 21.020), financial assistance must be used for products, services, development services, loan loss reserves, and capital reserves to build capacity for lending to eligible markets and low-income...
The Department of the Treasury Community Development Financial Institutions Fund awarded a $4 million Project Grant to Community First Fund under the Capital Magnet Fund program (CFDA 21.011). The grant will support Community First Fund in attracting private investment to finance affordable housing and related economic development activities that benefit low-income individuals and families. Through June 2025, Community First Fund will leverage the federal funds to increase acquisition,...
This $766,530 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 certified Community Development Financial Institutions (CDFIs). Awarded to The Reinvestment Fund, Inc. on December 8, 2021 for completion by December 31, 2024, funding will support financial products, financial services, development services, loan loss reserves, and capital...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $625,000 Project Grant to Community First Federal Credit Union on Sep 26, 2024. The grant, awarded under the CFDA 21.020 CDFI Program, will support Community First Federal Credit Union in delivering financial services, loans, investments, and technical assistance to underserved communities, with a focus on low-income, Native American, and economically disadvantaged populations. The funding...