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 Last action
- Award ID
- 211TA057888G
- Recipient
-
Lifestore Bank UEI M8JLNERUJR95
- Awarding agency
-
Community Development Financial Institutions Fund
Department of the Treasury
- Obligated
- $125,000
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
- 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.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Amendment | $0 | |
| Amendment | $0 | |
| Original award | $125,000 |
Quick answers
Who received award 211TA057888G?
211TA057888G was awarded to Lifestore Bank by Community Development Financial Institutions Fund (Department of the Treasury) on September 16, 2021.
How much is award 211TA057888G worth?
$125,000 has been obligated on 211TA057888G.
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