The Department of the Treasury Community Development Financial Institutions Fund awarded a $125,000 Project Grant to Stepping Stones Community Federal Credit Union under the Community Development Financial Institutions Program (CFDA 21.020). The grant will support the provision of technical assistance activities to build the credit union's organizational capacity to serve eligible low-income markets and communities that lack access to affordable financial products and services. Eligible technical assistance activities include compensation for personal and professional services, travel, training and education, equipment, supplies, and incorporation costs. The goal is to strengthen the credit union's ability to promote economic revitalization and community development through increased access to financial services for underserved populations as defined in applicable regulations. All work will be carried out directly by Stepping Stones Community Federal Credit Union and performed in the United States with a completion date of December 31, 2023.
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