The Department of the Treasury Community Development Financial Institutions Fund awarded a $125,000 Project Grant under the Community Development Financial Institutions Program to Candelcoop. The grant will support technical assistance activities through June 2024 to build the organizational capacity of Candelcoop, a certified Community Development Financial Institution, to serve eligible rural and urban low-income communities and individuals in the United States that lack adequate access to affordable financial products and services. Funds will be used for personal services, fringe benefits, professional services, travel, training and education, equipment, supplies, and incorporation costs. The goal is to promote economic revitalization and community development through investment in and assistance to this certified CDFI.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $125.0k | 9/16/21 |