This federal Project Grant award of $3,800,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program, CFDA 21.020, is intended to provide supplemental funding to certified CDFIs to expand the availability of healthy food retail and non-retail outlets in underserved areas. The awarded funds will be used by the recipient, Peoples Bancshares, Inc., a for-profit CDFI, to offer financial products, development services, loan loss reserves, and capital...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $3,800,000 Project Grant to The Reinvestment Fund, Inc., a non-profit community development corporation and certified CDFI, to provide financing activities that expand the availability of healthy foods in underserved areas. The funding, provided under the Healthy Food Financing Initiative (HFFI), will be used by The Reinvestment Fund to offer financial products, development services,...
This federal Project Grant award of $1,350,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Enterprise Community Loan Fund Inc., a non-profit community development financial institution (CDFI). The purpose of the grant is to provide supplemental funding to CDFI FA and NACA FA award recipients, enabling these certified CDFIs to offer financing activities that support healthy food retail outlets and healthy...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $750,000 Project Grant to Northeast Entrepreneur Fund, Inc. (doing business as Entrepreneur Fund), a certified CDFI, to provide financing activities that expand the availability of healthy foods in underserved areas. The funding, awarded under CFDA Program 21.020, will enable Entrepreneur Fund to offer financial products, development services, loan loss reserves, and capital reserves to...
This $3,800,000 federal Project Grant award, provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020), will fund the Community First Fund, a nonprofit CDFI, to deliver financing activities that expand the availability of healthy food retail and non-retail outlets in underserved areas. The award, which runs from September 2024 through June 2028, will allow Community First Fund to provide financial products, development services,...
This $6,000,000 Project Grant award was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Central Bancshares of Kansas City, Inc. (dba Central Bank of Kansas City), a certified CDFI, to expand the availability of healthy food retail and non-retail outlets in underserved areas. The funding will enable Central Bancshares to provide financing activities, including financial products, development services, loan loss...
This $2,000,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program, CFDA 21.020, provides supplemental funding to certified CDFIs to expand the availability of healthy food retail and non-retail outlets in underserved areas. The funding will enable the recipient, Cleveland Development Advisors Community Reinvestment Fund, Inc., to offer financial products, development services, loan loss reserves, and capital reserves to...
This $3,000,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) provides supplemental funding to certified CDFIs to expand the availability of healthy food retail and non-retail outlets in underserved areas. The funding will be used by the awardee, Culleywood Capital LLC, a for-profit CDFI based in Jackson, Mississippi, to deliver financial products, development services, loan loss reserves, and capital...
The Reinvestment Fund, Inc. was awarded a $20 million Project Grant from the US Department of Agriculture Rural Housing Service on March 1, 2022 through the Healthy Food Financing Initiative (HFFI) federal grant program (CFDA #10.872). The grant is intended to improve access to healthy foods in underserved areas of Pennsylvania through March 1, 2024 by creating and preserving quality jobs and revitalizing low-income communities. Specifically, the funding will support The Reinvestment Fund's...
This Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) provides $701,530 to the Federation of Appalachian Housing Enterprises Inc. (FAHE) doing business as Fahe. The funding will support FAHE's delivery of financial products, financial services, development services, loan loss reserves, and capital reserves to eligible markets and target populations as defined in the CDFI Program regulations through June 2025. The Community...