To promote economic revitalization and community development through investment in and assistance to community development financial institutions (cdfis) and emerging cdfis

Ended Project Grant Awarded

Award ID
211TA057515G
Recipient
Awarding agency
Obligated
$40,000

Award facts

Assistance listing
21.020 Community Development Financial Institutions Program
Completion date
Place of performance
United States

Award details come from USAspending.gov.

Description

As the agency reported it.

Activities
Technical assistance must be used for the following eligible activities subject to the applicable provisions of the uniform requirements: compensation ? Personal services, compensation ? Fringe benefits, professional service costs, travel costs, training and education costs, equipment, supplies, and incorporation costs (sponsoring entities only). End goal/expected outcomes: the goal of the technical assistance is to build certified and emerging cdfi?s organizational capacity to serve eligible markets and/or their target markets, in order to serve rural and urban low-income people, and communities across the nation that lack adequate access to affordable financial products and financial services.
Intended beneficiaries
Profit organization, private nonprofit institution/organization, other private institution/organization investment areas and targeted populations, as defined in 12 C.F.R. 1805.
Subrecipient activities
Only in the case where a cdfi depository institution holding company applicant intends to carry out the activities of an award through its subsidiary cdfi insured depository institution, as identified in its assistance agreement with the cdfi fund.

Quick answers

Who received award 211TA057515G?

211TA057515G was awarded to Clinchfield Federal Credit Union by Community Development Financial Institutions Fund (Department of the Treasury) on September 16, 2021.

How much is award 211TA057515G worth?

$40,000 has been obligated on 211TA057515G.

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