Project Grant 211FA056594G

Award Date 12/8/21
Completion Date 12/31/24
Dollars Obligated $870K
Federal Grant Program
21.020
Assistance Type
Project Grant
Place of Performance
United States
Similar Awards
The Community Development Financial Institutions Fund within the Department of the Treasury awarded Genesis La Economic Growth Corp $640,000 under the Community Development Financial Institutions Program (CDFI Program, CFDA 21.020) Project Grant. This three-year award through December 2026 will support Genesis La Economic Growth Corp's efforts to promote economic revitalization and community development in Native communities through capacity building and financial assistance to certified and...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $1,250,000 Project Grant to Genesis La Economic Growth Corporation, a certified CDFI located in Los Angeles, California. The grant, awarded on September 26, 2024, will enable Genesis La to deliver financial services, loans, investments, and technical assistance to support economic and community development, particularly in underserved and disadvantaged communities. The funding will allow...
The Genesis Community Loan Fund received an $825,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Program. The funding will support the provision of financial products, financial services, development services, loan loss reserves, and capital reserves to eligible markets and the recipient's approved target market. The goal is to build Genesis's financial capacity to lend to...
This Project Grant award of $482,900 from the Department of the Treasury's Community Development Financial Institutions Fund will support Genesis Bancorp, Inc. in delivering services to promote economic revitalization and community development through December 2026. Under the Community Development Financial Institutions Program (CFDA 21.020), Genesis Bancorp will use the funding to build organizational capacity and drive community revitalization as a certified Community Development Financial...
The Department of the Treasury's Community Development Financial Institutions Fund awarded The Genesis Fund $1.06 million under the Community Development Financial Institutions Program (CFDA 21.020) from February 2023 through March 2026. The Genesis Fund, operating as Genesis Community Loan Fund, will use the funding to provide loans and financial assistance to community development organizations through the Community Development Financial Institutions Program. This program aims to promote...
The Department of the Treasury's Community Development Financial Institutions Fund awarded a $1.5 million Project Grant to Genesis La Economic Growth Corp on February 22, 2021 under the Capital Magnet Fund program (CFDA 21.011). The Capital Magnet Fund aims to create and preserve affordable housing for low-income families, individuals, and economically distressed communities by attracting private capital. Genesis La Economic Growth Corp will use the grant to support financing that furthers...
This $1,800,000 Project Grant was awarded on September 26, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to The Genesis Fund, a certified CDFI based in Brunswick, Maine. The funding supports The Genesis Fund's mission of driving economic revitalization and community development through the provision of financial services, loans, investments, and technical assistance to underserved populations across Maine and Northern...
This federal Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund, under the Bank Enterprise Award (BEA) Program (CFDA 21.021), provides $230,212 to Genesis Bank, a for-profit CDFI located in Benoit, Mississippi. The funding will support Genesis Bank's efforts to increase investments and support for certified CDFIs, as well as expand the bank's community development financing and service activities in economically distressed...
This $600,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support the Latino Economic Development Corporation of Washington DC in promoting economic revitalization and community development. As part of the Community Development Financial Institutions Program, the Corporation will use the funding to provide $600K in financial products, financial services, development services, loan loss reserves, and capital reserves to eligible...
The Latino Economic Development Center was awarded a $225,000 Project Grant through the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Program. The grant aims to promote economic revitalization and community development by providing financial assistance to certified Community Development Financial Institutions. Funds must be used for financial products, services, development services, loan loss reserves, and...

The Genesis La Economic Growth Corp was awarded an $870,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Program. The grant aims to promote economic revitalization and community development through financial assistance to certified Community Development Financial Institutions for products, services, development services, loan loss reserves, and capital reserves. These activities are intended to build the awardee's capacity to lend to eligible low-income communities and rural or urban populations that lack access to affordable financial options. The period of performance is from December 8, 2021 through December 31, 2024. No sub-award details were provided.

Generated 1/7/24, 3:23 AM