The Department of the Treasury's Community Development Financial Institutions Fund awarded a $150,000 Project Grant to Taala Fund under the Native Initiatives federal grant program (CFDA 21.012). The grant will support technical assistance activities from September 2021 through December 2023 to build the organizational capacity of certified and emerging Native Community Development Financial Institutions. Technical assistance will be provided in eligible areas including personal services, fringe benefits, professional services, travel, training, equipment, supplies, and incorporation costs. The goal is to serve rural and urban low-income individuals and underserved communities across the United States that lack access to affordable financial products and services. Intended beneficiaries include for-profit organizations, private nonprofits, and Native American groups. No subrecipient activities were specified.
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