This $690,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Opportunity Fund's provision of financial products, financial services, development services, loan loss reserves, and capital reserves to low-income individuals and communities lacking adequate access to affordable options. Awarded on December 8, 2021 under the Community Development Financial Institutions Program (CFDA #21.020), the funding will bolster Opportunity...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $640,000 under the Community Development Financial Institutions Program (CFDA 21.020) to Opportunity Finance Network through December 2026. This Project Grant aims to promote economic revitalization and community development by building the capacity of certified Community Development Financial Institutions (CDFIs) serving Native communities. Opportunity Finance Network will provide monetary awards and...
The Nonprofit Finance Fund received a $1,201,530 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Program. The grant aims to promote economic revitalization and community development through financial assistance to certified and emerging Community Development Financial Institutions. Funding must be used for financial products, services, development services, loan loss reserves, and...
The National Community Investment Fund received a $701,530 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund. The grant will support the provision of financial products, financial services, development services, loan loss reserves, and capital reserves to certified Community Development Financial Institutions. The goal is to build the financial capacity of CDFIs to lend to eligible markets and target populations as defined in 12 C.F.R....
This $1,046,530 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support the Enterprise Community Loan Fund Inc. in delivering financial products, financial services, development services, loan loss reserves, and capital reserves to benefit low-income communities and populations across the United States that lack adequate access to affordable options. Specifically, the funding will help build the awardee's financial capacity to lend...
This $500,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Neighborhood Partnership Housing Services, Inc. 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 assists the awardee in building financial capacity to lend to rural and urban low-income communities and individuals...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $1,217,900 under the Community Development Financial Institutions Program (CFDA 21.020) to Finance Fund Capital Corp. This Project Grant will support the CDFI Program's goal of promoting economic revitalization and community development through February 2023 to December 2026. The CDFI Program uses monetary awards and training opportunities to build the capacity of certified Community Development...
This $500,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Impact Seven in delivering financial products, services, and development assistance to community development financial institutions (CDFIs) through December 2024. The grant funds will build CDFIs' capacity to lend $500K to eligible markets and target populations as defined in 12 C.F.R. 1805, with the goal of increasing access to affordable capital for low-income...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Opportunity Finance Network $3.7 million under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033) to provide financing and services expanding economic opportunity in underserved communities through April 2023 to December 2028. The CDFI ERP aims to support Community Development Financial Institutions (CDFIs) in responding to COVID-19...
This $766,530 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 certified Community Development Financial Institutions (CDFIs). Awarded to The Reinvestment Fund, Inc. on December 8, 2021 for completion by December 31, 2024, funding will support financial products, financial services, development services, loan loss reserves, and capital...