This $1,250,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program provides funding to Communityworks, a non-profit Community Development Financial Institution, to deliver financial services, loans, investments, and technical assistance to underserved communities, particularly Native American, minority, and low-income populations. The CDFI Program, with CFDA Number 21.020, aims to promote economic revitalization and...
The Community Development Financial Institutions Fund within the Department of the Treasury awarded Communityworks $1.8 million under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) on June 15, 2021. The funding is to be utilized through December 31, 2023 to support Communityworks' ability to address the economic impacts of the coronavirus pandemic on its communities. As a Community Development Financial Institution (CDFI), Communityworks will...
The Working World Inc. received a $525,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund on December 8, 2021 to promote economic revitalization and community development through December 31, 2024. Under the Community Development Financial Institutions Program (CFDA 21.020), the awardee will use the financial assistance to provide financial products, financial services, development services, loan loss reserves, and capital reserves...
The Community Development Financial Institutions Program awarded Community Lendingworks $525,000 through the Community Development Financial Institutions Fund of the Department of the Treasury. This Project Grant will support economic revitalization and community development through December 2024 by providing Community Lendingworks financial assistance to invest in eligible and target markets lacking adequate access to affordable financial products and services. As a certified Community...
This Project Grant award of $690,000 from the Department of the Treasury's Community Development Financial Institutions Fund will support community and economic development activities through June 2025. Under the Community Development Financial Institutions Program, recipient Homewise will use the funding to provide $690 thousand in financial assistance to certified Community Development Financial Institutions. Such assistance must be used for lending and financial services in eligible markets...
The Project Grant award for $300,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) will enable First Community Capital Inc., a certified CDFI and non-profit organization, to continue delivering financial services and support to underserved populations. The grant, with an award date of November 21, 2024 and an ultimate completion date of June 30, 2027, will fund activities such as compensation for personnel, professional...
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 $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...
The Department of the Treasury's Community Development Financial Institutions Fund awarded a $1,240,000 Project Grant to the Corporation For Supportive Housing under the Community Development Financial Institutions Program (CFDA 21.020). This three-year award 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, funding will enable the...
This $225,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support BDC Community Capital Corp.'s provision of financial products, services, and development assistance to promote economic revitalization and community development. Under the Community Development Financial Institutions Program, the awardee will use the funding for loans, loan loss reserves, capital reserves, and related services targeting low-income communities and...