The federal Project Grant award of $900,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) supports We Florida Financial, a certified CDFI, in delivering financial products, services, development services, loan loss reserves, and capital reserves to underserved communities. This funding enables We Florida Financial to create jobs, build businesses, and foster economic self-determination, with a particular emphasis on...
The Community Development Financial Institutions Fund within the Department of the Treasury awarded $625,000 to Florida State University Credit Union through the Community Development Financial Institutions Program (CFDA 21.020) on December 8, 2021. The funding is intended to promote economic revitalization and community development through December 31, 2024 by providing financial products, services, development services, loan loss reserves, and capital reserves to low-income individuals and...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded $1,060,000 under the Community Development Financial Institutions Program (CDFI Program, CFDA #21.020) to the Florida Community Loan Fund. The award period is February 28, 2023 through June 30, 2026. The CDFI Program promotes economic revitalization and community development through investment in and assistance to certified Community Development Financial Institutions (CDFIs). This award will...
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...
The Florida Community Loan Fund received a $1,090,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund to provide financial products, services, and development assistance to low-income communities and individuals across the United States who lack access to affordable options. As part of the Community Development Financial Institutions Program, which aims to promote economic revitalization through investment in certified Community...
The Community Development Financial Institutions Fund (CDFI Fund) within the Department of the Treasury awarded a $1.8 million Project Grant to We Florida Financial through the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) on June 15, 2021. The grant will support We Florida Financial's ability to provide financial products and services through December 31, 2023 to address the economic impacts of the coronavirus pandemic in its service areas. The CDFI...
This $482,900 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support First Suncoast Trust Bancshares, Inc.'s efforts to promote economic revitalization and community development. Awarded on February 28, 2023 under the Community Development Financial Institutions Program (CFDA #21.020), the funding will be used to build the capacity of certified and emerging Community Development Financial Institutions through monetary awards and...
The Department of the Treasury's Community Development Financial Institutions Fund awarded Dade County Federal Credit Union a $500,000 Project Grant under the Community Development Financial Institutions Program (CDFI Program, CFDA 21.020). The grant 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 CDFI Program...
This Project Grant award of $300,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) will enable Cooperativa Ahorro Y Credito Florida, doing business as Florida Coop, to deliver financial services, technical assistance, and community development initiatives to underserved populations, particularly Native American and low-income communities. As a certified CDFI, Florida Coop will use the funding to create jobs, support...
This Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund provides $476,530 to First Suncoast Trust Bancshares, Inc. to promote economic revitalization and community development through the Community Development Financial Institutions Program (CFDA 21.020). The funding must be used for financial products, services, development services, loan loss reserves, and capital reserves to build financial capacity and serve low-income and...