The Hawaii First Federal Credit Union was awarded $500,000 under the Community Development Financial Institutions Program Project Grant by the Department of the Treasury's Community Development Financial Institutions Fund. The funding will support the credit union'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...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $800,000 Project Grant to Hawaii Federal Credit Union, a certified CDFI, on September 26, 2024. This grant is intended to support the credit union's efforts to provide financial services, loans, investments, and technical assistance to underserved communities, particularly low-income, Native American, and economically disadvantaged populations. The funding will enable Hawaii Federal Credit...
The Hawaii Federal Credit Union received a $2.48 million Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) grant from the Department of the Treasury to expand lending, grants, and investments in low- and moderate-income communities and borrowers disproportionately impacted by the COVID-19 pandemic. As a certified Community Development Financial Institution, Hawaii Federal Credit Union will use the April 2023 grant funding to increase lending and outreach...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $1,600,000 Project Grant to Hawaii First Federal Credit Union under the Native Initiatives (CFDA 21.012) federal grant program. This funding supports the organization's efforts to deliver affordable financial products and services to underserved rural and urban low-income Native populations in Hawaii. The grant aims to build the capacity of this Native CDFI, empowering it to grow, achieve...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $325,000 to the Hawaii Community Reinvestment Corporation through the Community Development Financial Institutions Program (CFDA 21.020) on February 28, 2023. This three-year Project Grant will support the Hawaii Community Reinvestment Corporation's provision of loans, investments, financial services and technical assistance to promote economic revitalization and community development in Hawaii through...
The federal Project Grant award of $300,000, granted by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the CDFI Program (CFDA 21.020), will support the Hawaii Habitat For Humanity Association Inc. in delivering community development and housing initiatives targeting low-income and underserved populations. The funding will enable the organization to expand lending, grant-making, and investment activities, acquire necessary technology and...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Hawaii Federal Credit Union (HFCU) a $1.8 million Project Grant under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024) on June 15, 2021. The grant will support HFCU's ability to respond to the economic impacts of the coronavirus pandemic by providing financial and technical assistance services to underserved communities and populations through...
The Hawaii Community Lending Inc. received a $500,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to expand lending, grant making, investment, and financial services through September 2028. The CDFI ERP aims to support Community Development Financial Institutions in responding to COVID-19's economic impacts in low- and moderate-income communities disproportionately affected by the pandemic. Funds will...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program has awarded a $350,000 three-year Project Grant to the Hawaii Community Reinvestment Corporation (HCRC), a certified CDFI. The funding will enable HCRC to provide loans, investments, financial services, and technical assistance to promote economic revitalization and community development within Hawaiian communities. This grant, awarded on September 26, 2024, is designed to support HCRC's efforts...
The Department of the Treasury Community Development Financial Institutions Fund awarded Hickam Federal Credit Union a $125,000 Project Grant under the Community Development Financial Institutions Program (CFDA 21.020). The grant will support technical assistance activities through December 2026 to build the credit union's organizational capacity to serve its target markets, including low-income communities and individuals who lack access to affordable financial products and services. Eligible...