The Department of the Treasury's Community Development Financial Institutions Fund awarded a $125,000 Project Grant to Engage Federal Credit Union through the Community Development Financial Institutions Program (CFDA 21.020). The grant will support Engage Federal Credit Union in building its organizational capacity to serve eligible low-income communities and individuals who lack adequate access to affordable financial products and services. Key deliverables include technical assistance for personal and professional services, travel, training and education, equipment, supplies, and incorporation costs to strengthen the credit union's ability to fulfill its community development mission through September 2023. By investing in this certified Community Development Financial Institution, the funding aims to promote economic revitalization and access to capital in underserved markets across the United States as outlined in the federal program.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $125.0k | 9/16/21 |