This federal Project Grant award of $2,285,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Nonprofit Finance Fund, a non-profit organization. The grant funding aims to invest in and build the capacity of CDFIs, empowering them to grow, achieve sustainability, and drive community revitalization, particularly in Native American communities. Through the use of monetary awards and training opportunities, the...
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 Nonprofit Finance Fund received a $2.478 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to provide financial products, services, and capacity building support through 2028. The CDFI ERP aims to expand lending, grant making, and investment in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Specifically, the grant will enable Nonprofit Finance Fund to...
The Neighborhood Impact Investment Fund, Inc. was awarded a $766,530 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. Funds will support financial products, services, development services, loan loss reserves, and...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $1,217,900 under the Community Development Financial Institutions Program (CFDA 21.020) to Finance Fund Capital Corp. This Project Grant will support the CDFI Program's goal of promoting economic revitalization and community development through February 2023 to December 2026. The CDFI Program uses monetary awards and training opportunities to build the capacity of certified Community Development...
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...
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 $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 Neighborhood Partnership Housing Services, 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 assists the awardee in building financial capacity to lend to rural and urban low-income communities and individuals...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $560,000 under the Community Development Financial Institutions Program (CFDA 21.020) to Neighborhood Community Development Fund. This Project Grant will support the Fund's work from February 2023 through December 2026 to promote economic revitalization and community development in underserved areas. As a certified Community Development Financial Institution, Neighborhood Community Development Fund will...