Project Grant 211TA057756G

The Department of the Treasury Community Development Financial Institutions Fund awarded Rende Progress Capital a $125,000 Project Grant under the Community Development Financial Institutions Program (CFDA 21.020). The grant will support technical assistance activities through December 2024 to build the organizational capacity of certified and emerging Community Development Financial Institutions. Technical assistance funds will be used for personal and professional services, travel, training, equipment, and supplies. The goal is to increase access to affordable financial products and services for low-income individuals and underserved communities across the United States. As an emerging CDFI, Rende Progress Capital will directly provide technical assistance to build its capacity to serve target markets lacking access to financial services. No subrecipient activities were indicated.