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 $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...
The Department of the Treasury Community Development Financial Institutions Fund awarded $125,000 under the Community Development Financial Institutions Program (CFDA 21.020) to New Community Investments, LLC. The Project Grant will support technical assistance activities to build the organizational capacity of certified and emerging Community Development Financial Institutions (CDFIs) through Jun 30, 2027. Eligible technical assistance activities include compensation for personal and...
The National Community Investment Fund received a $701,530 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund. The grant will support the provision of financial products, financial services, development services, loan loss reserves, and capital reserves to certified Community Development Financial Institutions. The goal is to build the financial capacity of CDFIs to lend to eligible markets and target populations as defined in 12 C.F.R....
The Department of the Treasury's Community Development Financial Institutions Fund awarded $740,000 under the Community Development Financial Institutions Program (CFDA 21.020) to Partner Community Capital, Inc. doing business as Ncif. The funding will support Ncif's work through December 2026 to provide monetary awards and training opportunities to certified and emerging Community Development Financial Institutions and Native Community Development Financial Institutions. This will build the...
This $590,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Forward Community Investments, Inc. 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 build Forward Community Investments' financial capacity to lend to low-income communities and individuals who lack adequate...
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...
This $500,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Impact Seven in delivering financial products, services, and development assistance to community development financial institutions (CDFIs) through December 2024. The grant funds will build CDFIs' capacity to lend $500K to eligible markets and target populations as defined in 12 C.F.R. 1805, with the goal of increasing access to affordable capital for low-income...
This $525,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support the Charter Schools Development Corporation's provision of financial products, services, and development assistance to community development financial institutions from December 2021 through December 2024. The grant funds must be used by the recipient and any subrecipients for loans, loan loss reserves, capital reserves, and related financial and development services...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $1.5 million to Finance Fund Capital Corp through its Community Development Financial Institutions Program (CFDA 21.020) on February 28, 2023. The project grant will support Finance Fund Capital Corp's work to promote economic revitalization and community development through December 31, 2026. Specifically, the organization will use monetary awards and training opportunities to build the capacity of...