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...
This $600,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support the Latino Economic Development Corporation of Washington DC in promoting economic revitalization and community development. As part of the Community Development Financial Institutions Program, the Corporation will use the funding to provide $600K in financial products, financial services, development services, loan loss reserves, and capital reserves to eligible...
Ecdc Enterprise Development Group (Ecdc Enterprise Dev) was awarded a $1,278,385 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The June 15, 2021 award will support Ecdc Enterprise Dev's efforts to prepare for and respond to the economic impacts of the coronavirus through September 30, 2023. As a Community Development Financial Institution...
This $500,000 project grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support the Economic & Community Development Institute Inc. in providing financial products, financial services, development services, loan loss reserves, and capital reserves to benefit low-income individuals and communities that lack access to affordable financial options. The Community Development Financial Institutions Program aims to promote economic...
Ecdc Enterprise Development Group, doing business as Ecdc Enterprise Dev, will utilize a $3,305,118 grant from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to expand lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. As a non-profit community development corporation, Ecdc Enterprise Dev will provide microloans, business training, and...
This $660,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Ecdc Enterprise Development Group's work to promote economic revitalization and community development. Through the Community Development Financial Institutions Program, Ecdc will invest in and provide assistance to certified and emerging Community Development Financial Institutions. Over the three-year period from February 2023 through September 2026, Ecdc will use the...
This $225,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support BDC Community Capital Corp.'s provision of financial products, services, and development assistance to promote economic revitalization and community development. Under the Community Development Financial Institutions Program, the awardee will use the funding for loans, loan loss reserves, capital reserves, and related services targeting low-income communities and...
The Economic Empowerment Center was awarded a $125,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Program. The grant will support the Center in building the organizational capacity of certified and emerging Community Development Financial Institutions to serve low-income communities and individuals across the United States who lack adequate access to affordable financial products and...
The Economic & Community Development Institute Inc., doing business as Ecdi, was awarded a $1,826,265 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The June 15, 2021 award will support Ecdi's efforts to prepare for and respond to the economic impacts of the coronavirus through June 30, 2023. The CDFI RRP aims to bolster the ability...
The Latino Economic Development Center was awarded a $225,000 Project Grant through the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Program. The grant aims to promote economic revitalization and community development by providing financial assistance to certified Community Development Financial Institutions. Funds must be used for financial products, services, development services, loan loss reserves, and...