The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Engage Federal Credit Union on November 21, 2024. The purpose of this grant is to promote economic revitalization and community development by building the organizational capacity of the CDFI to serve low-income and underserved markets across the nation. The planned activities under this award include providing technical assistance for eligible expenses such as...
The Department of the Treasury's Community Development Financial Institutions Fund awarded a $125,000 Project Grant to Engage Federal Credit Union through the Community Development Financial Institutions Program (CFDA 21.020). The grant will support Engage Federal Credit Union in building its organizational capacity to serve eligible low-income communities and individuals who lack adequate access to affordable financial products and services. Key deliverables include technical assistance for...
This $660,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support Empower Federal Credit Union's efforts to promote economic revitalization and community development. Through the Community Development Financial Institutions Program, which aims to invest in and build the capacity of certified Community Development Financial Institutions, Empower FCU will provide $660K in monetary awards and training opportunities from February...
First Financial Credit Union received a $1.8 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund on June 15, 2021. The funding supports the Community Development Financial Institutions Rapid Response Program, which aims to help CDFIs prepare for and respond to the economic impacts of the coronavirus through December 31, 2023. With this award, First Financial Credit Union will provide loans, financial assistance, and other services...
Opportunities Credit Union will use a $456,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund to promote economic revitalization and community development. Under the Community Development Financial Institutions Program, the funding will support financial products, services, development services, loan loss reserves, and capital reserves to build the credit union's capacity to lend to eligible markets and low-income communities across...
The federal Project Grant award of $350,000.00 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to the DC Federal Credit Union, a minority-owned, tax-exempt nonprofit organization located in Washington, DC. The grant aims to support the credit union's efforts to deliver affordable financial services, credit, and education to low- and moderate-income communities, with a particular emphasis on supporting members...
The Community Development Financial Institutions Program awarded Community Credit Union a $300,000 project grant to promote economic revitalization and community development. Administered by the Department of the Treasury's Community Development Financial Institutions Fund, this grant will support Community Credit Union in providing financial products, financial services, development services, loan loss reserves, and capital reserves to low-income individuals and communities that lack access...
This $660,000 project grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support the delivery of financial and capacity building services to community development organizations through June 2026. Administered under the Community Development Financial Institutions Program, the funding was awarded to USF Federal Credit Union to invest in and assist certified and emerging Community Development Financial Institutions. Through monetary awards...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $625,000 Project Grant to Elga Credit Union on September 26, 2024. The CDFI Program uses monetary awards and training opportunities to invest in and build the capacity of CDFIs, empowering them to grow, achieve organizational sustainability, and drive community revitalization. This grant enables Elga Credit Union, a nonprofit community development organization and certified CDFI, to expand...
This $870,000 project grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support Canton School Employees Federal Credit Union in delivering financial products, services, and development assistance to low-income communities and individuals across the United States who lack adequate access to affordable options. As part of the Community Development Financial Institutions Program, the funding must be used by the credit union for lending and...