This Project Grant award, provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020), totals $2,485,000 and was awarded to Grameen America Inc. on September 26, 2024. The funding supports Grameen America's mission of empowering low-income individuals, particularly minorities and women, through microfinance and community development services across the United States. As a certified CDFI, Grameen America will use the grant to...
Grameen America Inc. received a $1.8 million project grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program. The funding will support Grameen America's ability to respond to the economic impacts of the coronavirus pandemic by providing microloans and financial counseling services to underserved communities between June 2021 and December 2023. The Community Development...
The Grow America Fund, Inc. was awarded $590,000 under the Community Development Financial Institutions Program (CFDA 21.020) Project Grant by the Department of the Treasury's Community Development Financial Institutions Fund on December 8, 2021. The funding is intended to promote economic revitalization and community development through December 31, 2024 by providing Grow America Fund with financial assistance to invest in eligible Community Development Financial Institutions (CDFIs) and...
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 $676,530 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support Accompany Capital Inc., doing business as Business Center For New Americans, 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 will help build the awardee's financial capacity to lend to rural and urban low-income...
This $690,000 project grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Partners For Common Good Inc., doing business as P C G, in providing financial products, financial services, development services, loan loss reserves, and capital reserves to benefit low-income communities and individuals across the United States who lack adequate access to affordable options. The funding assists the awardee's work under the Community Development...
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...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Grow America Fund, Inc. a $640,000 Project Grant under the Community Development Financial Institutions Program (CFDA 21.020). The funding will support Grow America Fund's efforts to promote economic revitalization and community development through February 2023 to December 2026. As a certified Community Development Financial Institution, Grow America Fund will use the award to build...
This $800,000 Project Grant award to The Capital Good Fund Inc. is provided under the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020). The grant aims to empower the CDFI to grow, achieve organizational sustainability, and drive community revitalization through the delivery of financial services, loans, investments, and technical assistance to underserved populations, including low-income, Native American, and economically...
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...