The Department of the Treasury's Community Development Financial Institutions Fund awarded Hope Federal Credit Union $797,900 under the Community Development Financial Institutions Program (CFDA 21.020) from February 2023 through December 2026. This Project Grant aims to promote economic revitalization and community development by building the capacity of certified Community Development Financial Institutions. Specifically, Hope Federal Credit Union will use training opportunities and monetary...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $1,285,000 Project Grant to Hope Federal Credit Union, a woman-owned, Black American-owned non-profit community development credit union based in Jackson, Mississippi. The grant, awarded on September 26, 2024, will support Hope Federal Credit Union in delivering financial services, loans, investments, and technical assistance to underserved low-income, Native American, and economically...
The Hope Enterprise Corporation 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 Hope Enterprise through the Community Development Financial Institutions Rapid Response Program (CDFI RRP), which provides capital to Community Development Financial Institutions to address economic impacts from the COVID-19 pandemic. With this award concluding on December 31, 2023, Hope...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Hopesouth Federal Credit Union on November 21, 2024. The purpose of this grant is to promote economic revitalization and community development by building the capacity of certified and emerging CDFIs through the provision of technical assistance. The grant funding will support Hopesouth Federal Credit Union, a non-profit organization focused on serving low- and...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Hope Enterprise Corp $717,900 under the Community Development Financial Institutions Program (CDFI Program, CFDA 21.020) through December 2026. This Project Grant aims to promote economic revitalization and community development by building the capacity of certified Community Development Financial Institutions (CDFIs) and Native CDFIs. Through monetary awards and training opportunities, Hope...
The Department of the Treasury Community Development Financial Institutions Fund awarded Hopesouth Federal Credit Union a $125,000 Project Grant under the Community Development Financial Institutions Program (CFDA 21.020). The grant will support Hopesouth in building its organizational capacity to serve eligible low-income communities and individuals across the United States who lack adequate access to affordable financial products and services through September 2023. Key deliverables include...
The $800,000 Project Grant awarded by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) on September 26, 2024 supports the Hopewell Federal Credit Union, a certified CDFI, in delivering financial services, loans, investments, and technical assistance to underserved communities. This award, which runs through December 31, 2027, aims to promote economic revitalization and community development by building the capacity of the CDFI to...
The Community Development Financial Institutions Fund within the Department of the Treasury awarded Hope Enterprise Corp $766,530 under the Community Development Financial Institutions Program (CFDA 21.020) to promote economic revitalization and community development through financial assistance and services. The Project Grant funding must be used for products, regulated financial services, development services, loan loss reserves, and capital reserves to build financial capacity and serve...
Heritage Financial Credit Union was awarded a $1,826,265 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 award period is from June 15, 2021 through December 31, 2023 to support the credit union's ability to respond to the economic impacts of the coronavirus pandemic on its members and communities. As a Community Development Financial...
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...