This Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund provides $590,000 to Oswego County Federal Credit Union to promote economic revitalization and community development through December 2024. The funding supports financial products, services, development services, loan loss reserves, and capital reserves targeted towards low-income communities and individuals across the United States consistent with the Community Development...
The Consolidated Federal Credit Union received a $590,000 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 funding will support financial products, financial services, development services, loan loss reserves, and capital reserves to build the...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $660,000 under the Community Development Financial Institutions Program (CFDA 21.020) to Tennessee Members 1st Federal Credit Union through December 2026. This Project Grant aims to promote economic revitalization and community development by building the capacity of certified Community Development Financial Institutions. Funding will support Tennessee Members 1st Federal Credit Union in providing loans,...
Opportunities Credit Union will use a $456,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund to promote economic revitalization and community development. Under the Community Development Financial Institutions Program, the funding will support financial products, services, development services, loan loss reserves, and capital reserves to build the credit union's capacity to lend to eligible markets and low-income communities across...
The Department of the Treasury's Community Development Financial Institutions Fund awarded a $125,000 Project Grant to Community First Fund Federal Credit Union under the Community Development Financial Institutions Program (CFDA 21.020). The grant will support the credit union in building its organizational capacity to serve eligible low-income communities and individuals who lack access to affordable financial products and services. As a certified Community Development Financial Institution,...
This $350,000 Project Grant award was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Community Credit Union, a community development financial institution located in Lewiston, Maine. The funding will support the credit union's efforts to deliver financial products, development services, loan loss reserves, and capital reserves to low-income and underserved populations in the region. This grant will specifically...
This $625,000 project grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Orange County's Credit Union in delivering financial products, financial services, development services, loan loss reserves, and capital reserves to eligible markets and target populations as defined in 12 C.F.R. 1805. The funding will help build the credit union's capacity to lend to rural and urban low-income communities and individuals who lack adequate access to...
The Border Federal Credit Union was awarded $701,530 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 financial products, services, development services, loan loss reserves, and capital reserves to build the credit union's capacity to lend to eligible markets and target populations as defined in 12 C.F.R. 1805 through December 2024. The goal is to promote...
The federal Project Grant award of $625,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Dade County Federal Credit Union. The funding will enable the certified CDFI to expand its lending capabilities and community support initiatives focused on promoting financial inclusion and economic empowerment in low-income communities. Specifically, the grant will support the credit union's efforts to offer affordable...
This $300,000 Project Grant was awarded by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) on November 21, 2024. The grant will fund the Oak Ridge Bancshares, Inc., a for-profit Subchapter S Corporation, to deliver financial services, loans, investments, and technical assistance to underserved communities, with a focus on low-income, Native American, and economically disadvantaged populations. The award aims to build the capacity of...