This federal Project Grant award of $1,285,000.00 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) on September 26, 2024. The award will support the non-profit community development corporation Peoplefund in delivering financial services, loans, investments, and technical assistance to underserved entrepreneurs and small businesses in low-income and economically disadvantaged communities, with a focus on...
This Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund provides $125,000 to People Trust to promote economic revitalization and community development. Under the Community Development Financial Institutions Program (CFDA 21.020), the financial assistance must be used for financial products, services, development services, loan loss reserves, and capital reserves to build People Trust's capacity to lend to eligible markets and low-income...
The Community Development Financial Institutions Fund within the Department of the Treasury awarded People Incorporated Financial Services $500,000 under the Community Development Financial Institutions Program (CFDA 21.020) Project Grant to promote economic revitalization and community development. Through this funding, People Incorporated Financial Services will provide financial products, financial services, development services, loan loss reserves, and capital reserves to eligible markets...
This Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund provides $1,217,900 to Peoples Bancshares, Inc. to support the Community Development Financial Institutions Program. The CDFI Program aims to promote economic revitalization and community development through investment in and assistance to certified and emerging Community Development Financial Institutions. Specifically, the funding will be used to build the capacity of CDFIs and...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $125,000 under the Community Development Financial Institutions Program (CFDA 21.020) to The Community Economic Development Fund I. Llc. The Project Grant will support technical assistance activities to build the recipient's organizational capacity to serve eligible markets and target populations as defined in 12 C.F.R. 1805. Allowable activities include compensation for personal and professional services,...
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...
The federal 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 Community Partners Lending, Inc. The purpose of the award is to promote economic revitalization and community development through technical assistance to build the capacity of Community Development Financial Institutions (CDFIs) and emerging CDFIs. The funding will be used for eligible activities such as compensation,...
The federal 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 the Business Accelerator Fund. The purpose of the award is to promote economic revitalization and community development through technical assistance to build the capacity of certified and emerging CDFIs to serve low-income people and communities across the nation that lack adequate access to affordable financial products...
This federal Project Grant award of $300,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) aims 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 with limited access to affordable financial products and services. Specifically, the grant will cover...
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...