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...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded an $850,000 Project Grant to the Local Initiatives Support Corporation (LISC) under the Community Development Financial Institutions Program (CDFI Program, CFDA #21.020). The grant will support LISC's efforts to invest in and build the capacity of certified Community Development Financial Institutions (CDFIs) through February 2026. The CDFI Program aims to promote economic revitalization and...
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...
This $5,000,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) supports the Local Initiatives Support Corporation (LISC) in delivering financial services, loans, investments, and technical assistance to underserved communities, particularly low-income, Native American, and economically disadvantaged populations. The grant, with a performance period from September 2024 to December 2027, aims to build the...
This $1,046,530 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 Low Income Investment Fund. The funding assists this certified Community Development Financial Institution in building its financial capacity to lend to eligible low-income communities and individuals across the United States who lack...
This $740,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support the delivery of financial and capacity building services to communities through the Community Development Financial Institutions Program. The Local Government Federal Credit Union will utilize the funding to provide $740K in investments and assistance to certified and emerging Community Development Financial Institutions, consistent with the program's goal of...
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...
This $300,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support the Lowell Community Loan Fund Inc.'s provision of financial products, financial services, development services, loan loss reserves, and capital reserves to eligible markets and its approved target market through December 2024. The Community Development Financial Institutions Program aims to promote economic revitalization and community development by investing...
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 $1,285,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) supports the Low Income Investment Fund (LIIF), a leading national CDFI, in delivering financial services, loans, investments, and technical assistance to underserved communities. The funding will enable LIIF to create and preserve affordable housing solutions, support community revitalization efforts, and empower low-income individuals and...