Orion Federal Credit Union received a $2,478,839 Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) grant from the Department of the Treasury to expand lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic through December 2028. As a certified Community Development Financial Institution, Orion Federal Credit Union will directly utilize the funding to build loan loss...
Orion Federal Credit Union was awarded $625,000 under the Community Development Financial Institutions Program Project Grant by the Department of the Treasury's Community Development Financial Institutions Fund. The grant aims to promote economic revitalization and community development through financial assistance to certified Community Development Financial Institutions for products, services, development services, loan loss reserves, and capital reserves targeted towards low-income...
Consolidated Federal Credit Union received a $1.8 million project grant award from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program on June 15, 2021. The grant funding will support Consolidated Federal Credit Union's ability to respond to the economic impacts of the coronavirus pandemic through the Community Development Financial Institutions Rapid Response Program's goal period ending December 31, 2023. Administered by the Treasury...
Our Comm Fed Credit Union 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 CDFI RRP aims to bolster the ability of Community Development Financial Institutions like Our Comm Fed Credit Union to address the needs of local communities and businesses affected by COVID-19 through the provision of...
The Department of the Treasury's Community Development Financial Institutions Fund awarded Omni Community Credit Union a $1.8 million Project Grant under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) on June 15, 2021. The grant is to be completed by December 31, 2023. The CDFI RRP aims to support Community Development Financial Institutions in preparing for and responding to the economic impacts of the coronavirus pandemic. Through this...
River City Federal Credit Union received a $1.8 million project grant award from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP) on June 15, 2021. The grant funding will support River City FCU's ability to respond to the economic impacts of the coronavirus pandemic through December 31, 2023. As a Community Development Financial Institution, River City FCU will use the CDFI RRP grant funds to provide financial products and services...
The Department of the Treasury's Community Development Financial Institutions Fund awarded a $1.8 million Project Grant to One Detroit Credit Union through its Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The funding will support One Detroit Credit Union in providing financial products and services to prepare for and respond to the economic impacts of the coronavirus pandemic from June 2021 through December 2023. The CDFI RRP aims to bolster the...
Orange County's Credit Union received a $1,826,265 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 award period is from June 15, 2021 through December 31, 2023. Under this program, Orange County's Credit Union will use the funding to support, prepare for, and respond to the economic impact of the coronavirus in its service areas. Specifically, the...
The Community Development Financial Institutions Fund within the Department of the Treasury awarded Community Plus Federal Credit Union a $1.8 million Project Grant under the Community Development Financial Institutions Rapid Response Program on June 15, 2021. The grant period extends through December 31, 2023. The CDFI RRP aims to support Community Development Financial Institutions in addressing the economic impacts of COVID-19. Through this funding, Community Plus Federal Credit Union will...
Opportunities Credit Union received a $1.5 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 (CDFI RRP, CFDA 21.024). The funding 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 communities and populations affected by the public health...