This $797,900 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support Checkspring Community Corporation's work to promote economic revitalization and community development. Through the Community Development Financial Institutions Program (CFDA 21.020), the awardee will invest in and provide assistance to certified and emerging Community Development Financial Institutions from February 2023 to December 2026. By using monetary awards...
Checkspring Community Corporation received a $3.7 million project grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to expand lending, grant-making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. The award, made on April 10, 2023, will support Checkspring's small dollar lending program through December 31, 2028 by funding technology, staffing,...
This $250,628 federal Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Small Dollar Loan Program (CFDA 21.025) enables Checkspring Community Corporation, a certified CDFI, to establish and maintain small business loan programs. The grant funds will support loan loss reserves and technical assistance, allowing Checkspring to provide affordable small dollar loans as alternatives to high-cost options, and help unbanked...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $156,174 under the Small Dollar Loan Program (CFDA 21.025) to Checkspring Community Corporation. The award will enable the certified Community Development Financial Institution to establish a loan loss reserve and receive technical assistance to develop and maintain a small dollar loan program. Through this initiative, Checkspring Community Corporation aims to increase access to affordable capital and...
The Department of the Treasury Community Development Financial Institutions Fund awarded $255,000 under the Small Dollar Loan Program (CFDA 21.025) to Checkspring Community Corporation on September 23, 2021. Through this Project Grant, Checkspring will establish a loan loss reserve and provide technical assistance to enable small dollar lending to underbanked populations through 2024. Specifically, the grant funds will defray costs of maintaining a small dollar loan program and support...
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...
The $800,000 Project Grant awarded on September 26, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) supports the Community Reinvestment Fund, Inc., a non-profit CDFI based in Minneapolis, Minnesota. This funding will enable the organization to provide lending, investment, and technical assistance services to certified and emerging CDFIs, with a focus on expanding financial products and services in communities...
The federal Project Grant award of $1,110,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Grant Bancshares, Inc., a community development corporation, on September 26, 2024. This funding supports Grant Bancshares' efforts to promote economic revitalization and community development by delivering financial services, loans, investments, and technical assistance to underserved low-income, Native American, and...
The federal Project Grant award in the amount of $900,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to the National Community Investment Fund (NCIF), a nonprofit organization based in Chicago, Illinois. This grant funding will enable NCIF to provide capacity-building resources, financial support, and training opportunities to strengthen and empower Community Development Financial Institutions (CDFIs) across the...
This $2.6 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support the Local Initiatives Support Corporation in delivering services to community development financial institutions (CDFIs) through December 2026. The Community Development Financial Institutions Program aims to promote economic revitalization and community development by investing in and assisting certified and emerging CDFIs. Specifically, grant funds will...