The Community Development Financial Institutions Fund within the Department of the Treasury awarded $717,900 under the Community Development Financial Institutions Program (CFDA 21.020) to Border Federal Credit Union. This three-year Project Grant will support the CDFI Program's goal of promoting economic revitalization and community development through investment in and assistance to certified Community Development Financial Institutions. Specifically, Border Federal Credit Union will use the...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $1,110,000 Project Grant to Border Federal Credit Union to invest in and build the capacity of this certified CDFI. The CDFI Program, authorized under CFDA 21.020, provides monetary awards and training opportunities to empower CDFIs to grow, achieve organizational sustainability, and drive community revitalization, particularly in Native American and low-to-moderate income communities....
The Border Federal Credit Union was awarded a $1,826,265 Project Grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) on June 15, 2021. The grant funding will support the credit union's ability to respond to the economic impacts of the coronavirus pandemic by providing financial and technical assistance services to its members through December 31, 2023. As a Community Development Financial Institution, Border...
The federal Project Grant award of $312,000.00 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program, with an award date of September 26, 2024, will support the activities of Border Financial Resources, Inc., a certified Community Development Financial Institution (CDFI). The grant funds will enable Border Financial Resources to deliver financial services, loans, investments, and technical assistance to underserved communities, with a particular...
The Department of the Treasury's Community Development Financial Institutions Fund awarded Bay Credit Union $640,000 under the Community Development Financial Institutions Program (CFDA 21.020) from February 2023 through December 2026. This Project Grant aims to promote economic revitalization and community development through investment in and assistance to certified Community Development Financial Institutions. Specifically, Bay Credit Union will use the funding to provide loans,...
The federal Project Grant award of $350,000.00 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to the DC Federal Credit Union, a minority-owned, tax-exempt nonprofit organization located in Washington, DC. The grant aims to support the credit union's efforts to deliver affordable financial services, credit, and education to low- and moderate-income communities, with a particular emphasis on supporting members...
Border Financial Resources, Inc. was awarded $389,000 through the Community Development Financial Institutions Rapid Response Program (CDFI RRP) administered by the Department of the Treasury's Community Development Financial Institutions Fund. The June 15, 2021 Project Grant has a completion date of December 31, 2023 and will support Border Financial Resources' efforts to prepare for and respond to the economic impacts of the coronavirus pandemic in the United States. As the name implies, the...
This Project Grant award of $300,000 from the U.S. Department of the Treasury Community Development Financial Institutions (CDFI) Program (CFDA 21.020) is intended to promote economic revitalization and community development through technical assistance to build the capacity of certified and emerging CDFIs. The award will fund activities such as compensation for personnel, professional services, travel, training, equipment, and supplies to help the recipient organization, Borderplex Community...
This $660,000 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 community development organizations through June 2026. Administered under the Community Development Financial Institutions Program, the funding was awarded to USF Federal Credit Union to invest in and assist certified and emerging Community Development Financial Institutions. Through monetary awards...
This $476,530 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support Buenacoop, a Community Development Financial Institution, in delivering financial products, services, and development assistance to low-income communities and individuals in the United States through December 2024. As part of the Community Development Financial Institutions Program (CFDA 21.020), funding will allow Buenacoop to build its lending capacity and...