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 $500,000 project grant from the Department of the Treasury's Community Development Financial Institutions Fund will support the Black Business Investment Fund, 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 goal is to build the CDFI's financial capacity to lend to low-income communities and individuals who lack adequate access to...
This $701,530 project grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support BOC Capital Corp.'s provision of 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 promote economic revitalization and community development by building the awardee's capacity to lend to low-income communities and rural...
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...
This $525,000 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 Community Investment Corp, a certified Community Development Financial Institution (CDFI). As part of the Community Development Financial Institutions Program (CFDA 21.020), the financial assistance must be used for financial products, financial services, development services,...
This Project Grant award of $717,900 from the Department of the Treasury's Community Development Financial Institutions Fund will support Baltimore Community Lending, Inc. in delivering services under the Community Development Financial Institutions Program. The CDFI Program aims to promote economic revitalization and community development through investment in and assistance to certified Community Development Financial Institutions. Specifically, Baltimore Community Lending will use the award...
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...
This $300,000 Project Grant awarded by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program on November 21, 2024 is intended to promote economic revitalization and community development. The funding will provide technical assistance to build the organizational capacity of certified and emerging CDFIs to serve low-income populations and communities that lack adequate access to affordable financial products and services. Eligible activities under this...
This Project Grant award of $300,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to First Community Capital Inc., a certified CDFI and non-profit community development corporation. The grant funding will be used to build the organizational capacity of First Community Capital Inc. and other emerging CDFIs through the provision of technical assistance. Specifically, the grant will cover eligible activities such...
This $500,000 project grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support the Economic & Community Development Institute Inc. in providing financial products, financial services, development services, loan loss reserves, and capital reserves to benefit low-income individuals and communities that lack access to affordable financial options. The Community Development Financial Institutions Program aims to promote economic...