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...
BOC Capital Corp. 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 award period is from June 15, 2021 through June 30, 2023 to support BOC Capital Corp.'s ability to respond to the economic impacts of the coronavirus pandemic in the United States. As a Community Development Financial Institution, BOC Capital...
Business Seed Capital, Inc. received a $200,000 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 two-year award running from June 2021 through June 2023 will support Business Seed Capital's ability to provide financing and technical assistance to businesses impacted by the economic effects of the coronavirus pandemic in the United States. As a Community...
The Community Development Financial Institutions Fund within the Department of the Treasury awarded BDC Community Capital Corp. a $125,000 Project Grant under the Community Development Financial Institutions Program. The grant will support technical assistance activities from September 2022 through December 2024 to build the organizational capacity of certified and emerging Community Development Financial Institutions. Technical assistance funds will be used for personal services, fringe...
Capital Impact Partners received a $1.8 million project grant award from the United States 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 provides capital to CDFIs working to address economic impacts of the COVID-19 pandemic in their communities. Through this award concluding on December 31, 2023, Capital Impact Partners will deliver financial...
Common Capital, Inc. was awarded a $995,000 project grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program. The grant will support Common Capital's ability to provide financing and technical assistance to communities and businesses impacted by the economic effects of the coronavirus pandemic from June 2021 through June 2023. The Community Development Financial Institutions Rapid...
This $701,530 project grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support BOC Capital Corp.'s provision of 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 aims to promote economic revitalization and community development by building the awardee's capacity to lend to low-income communities and rural...
The Nybdc Local Development Corp was awarded a $1.8 million 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 September 30, 2023 and will support the organization's ability to respond to the economic impacts of the coronavirus pandemic on its community. As a Community Development Financial...
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...
Nybdc Local Development Corp received a $1,735,187 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033) on April 10, 2023. Through September 30, 2028, Nybdc will use this funding to expand lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. As a certified Community Development Financial Institution,...