Inclusiv, Inc., doing business as Inclusiv, received a $6.2 million project grant award from the Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) under the CDFI Equitable Recovery Program (CDFI ERP) to provide loans, investments, and financial services to underserved communities disproportionately impacted by the COVID-19 pandemic. As a certified Community Development Financial Institution, Inclusiv will use the grant funding from April 2023 through...
This federal Project Grant award of $725,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to support Inclusiv, Inc., a certified CDFI. The award will enable Inclusiv to invest in and build the capacity of Native CDFIs, empowering them to grow, achieve sustainability, and drive community revitalization in Native communities nationwide. Through the use of monetary awards and training opportunities, the grant will...
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...
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 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....
The Department of the Treasury's Community Development Financial Institutions Fund awarded a $125,000 Project Grant to Inclusive Action For The City under the Community Development Financial Institutions Program (CFDA 21.020). The grant will support technical assistance activities to build the organizational capacity of certified and emerging Community Development Financial Institutions (CDFIs) through Sep 2024. Eligible technical assistance activities include compensation for personal and...
This $690,000 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 Local Initiatives Support Corporation. As a certified Community Development Financial Institution, Local Initiatives Support Corporation will use the funding to build its financial capacity to lend to eligible markets and target populations as...
This $625,000 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 to low-income communities and individuals lacking adequate access to affordable options. Awarded to the Local Government Federal Credit Union on December 8, 2021, this funding under the Community Development Financial Institutions Program aims to...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $725,000 Project Grant to Institute Capital, Inc. on September 26, 2024. This grant, provided under the CFDA 21.020 Community Development Financial Institutions Program, will be used to support the capacity building and lending activities of this nonprofit community development financial institution. The funding aims to empower Institute Capital, Inc. to grow, achieve organizational...