The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $850,000 Project Grant to Syracuse Cooperative Federal Credit Union, doing business as Cooperative Federal, on Sep 26, 2024. The funding is intended to promote economic revitalization and community development by building the financial capacity of Cooperative Federal, a certified CDFI, to provide affordable financial products and services to low-income and underserved populations in its...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $800,000 Project Grant to Oswego County Federal Credit Union on September 26, 2024. The grant funds are to be used by the non-profit community development organization to build its financial capacity and provide financial products, financial services, development services, loan loss reserves, and capital reserves to low-income and underserved communities across the United States that...
The Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) awarded SPC Credit Union a $125,000 Project Grant under the Community Development Financial Institutions Program (CFDA 21.020). The grant will support SPC Credit Union in building its organizational capacity to serve eligible low-income communities and individuals across the United States who lack adequate access to affordable financial products and services through September 2024. Key activities to be...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Syracuse Cooperative Federal Credit Union (Cooperative Federal) a $1,826,265 Project Grant under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The CDFI RRP aims to support Community Development Financial Institutions' (CDFIs) ability to address the economic impacts of the coronavirus pandemic. Cooperative Federal will use this funding...
The $625,000 federal Project Grant award under the Community Development Financial Institutions (CDFI) Program, administered by the U.S. Department of the Treasury, will provide financial assistance to Financial Resources Federal Credit Union, a non-profit organization, to build its financial capacity and expand affordable financial products and services to low-income and underserved communities across the United States. The funding can be used for financial products, financial services (for...
The East End Food Cooperative Federal Credit Union was awarded a $100,000 Project Grant from the Department of the Treasury Community Development Financial Institutions Fund under the Community Development Financial Institutions Program. The grant will support the Credit Union in building its organizational capacity to serve low-income communities and individuals in rural and urban areas that lack access to affordable financial products and services through September 2023. Funds will be used for...
The Community Development Financial Institutions (CDFI) Program, administered by the U.S. Department of the Treasury, has awarded a $300,000 Project Grant to Princeton Federal Credit Union. The purpose of this grant is to promote economic revitalization and community development through technical assistance that builds the capacity of certified and emerging CDFIs to serve low-income and underserved populations across the nation. The grant funding will support eligible activities such as...
The federal Project Grant award of $300,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Truservice Community Federal Credit Union on November 21, 2024. The purpose of the grant is to promote economic revitalization and community development through technical assistance to build the capacity of certified and emerging CDFIs to serve low-income and underserved markets across the nation. The funding will support...
The Department of the Treasury Community Development Financial Institutions Fund awarded a $125,000 Project Grant to Demopolis Federal Credit Union Inc. under the Community Development Financial Institutions Program (CFDA 21.020). The grant will support the credit union in building its organizational capacity to serve eligible low-income communities and individuals across the United States who lack adequate access to affordable financial products and services through September 2023. Funds will...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $1,250,000 Project Grant to Community South Credit Union on September 26, 2024. The grant funding is intended to promote economic revitalization and community development by building the financial capacity of the CDFI to lend to eligible low-income and underserved markets across the United States. The award will enable Community South Credit Union to offer financial products, financial...