The Community Development Financial Institutions Fund within the Department of the Treasury awarded a $972,000 Project Grant to The Community Economic Development Fund I. Llc through the Community Development Financial Institutions Rapid Response Program. The grant period runs from June 15, 2021 through December 31, 2023 to support the ability of Community Development Financial Institutions to respond to the economic impact of the coronavirus pandemic. Specifically, the funding will allow the...
The Neighborhood Community Development Fund received a $1.8 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program. The grant period runs from June 15, 2021 through December 31, 2023 to support the ability of Community Development Financial Institutions to respond to the economic impacts of the coronavirus pandemic. Through this funding, Neighborhood...
The New Hampshire Community Loan Fund Inc. was awarded a $1,826,265 Project Grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) to support, prepare for, and respond to the economic impact of the coronavirus. The two-year award, issued on June 15, 2021 and set to conclude on June 30, 2023, will allow the Community Loan Fund to leverage its financing and development services to address needs in underserved...
Northeast Community Federal Credit Union was awarded a $943,000 Project Grant from the Department of the Treasury Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant will support the credit union's ability to respond to the economic impacts of the coronavirus pandemic by providing financial and technical assistance services to its members and communities through December 2023. The...
The Sustainable Communities Fund received a $1.8 million project grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program. The grant period runs from June 15, 2021 through December 31, 2023 and will support the Sustainable Communities Fund's ability to respond to the economic impacts of the coronavirus pandemic in the United States. As part of the CDFI Rapid Response...
Cooperative Center Federal Credit Union (Cooperative Center FCU) was awarded a $1,278,385 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund on June 15, 2021. The grant is part of the Community Development Financial Institutions Rapid Response Program and will support Cooperative Center FCU's ability to respond to the economic impacts of the coronavirus pandemic through December 31, 2023. As a Community Development Financial Institution,...
This $525,000 project grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Northeast Entrepreneur Fund, Inc. in delivering financial products, financial services, development services, loan loss reserves, and capital reserves to low-income communities and individuals across the United States who lack adequate access to affordable options. As a certified Community Development Financial Institution, Northeast Entrepreneur Fund will use the...
The Reinvestment Fund, Inc. received a $1.8 million project grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program. The grant period runs from June 2021 through December 2023 to support the ability of Community Development Financial Institutions to address the economic impacts of the coronavirus pandemic. Through this funding, The Reinvestment Fund will provide loans,...
Northeast Community Credit Union received a $200,000 Project Grant award from the Department of the Treasury Community Development Financial Institutions Fund. The grant was awarded on June 15, 2021 through the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The funding will support Northeast Community Credit Union's ability to provide financial products and services to its members and community through December 31, 2023, as it prepares for and...
This $175,000 project grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support Northeast Community Federal Credit Union in delivering financial products, financial services, development services, loan loss reserves, and capital reserves to eligible markets and target populations as defined in 12 C.F.R. 1805. The funding will help build the credit union's capacity to lend to rural and urban low-income communities and individuals who lack...