The Community Development Financial Institutions Fund within the Department of the Treasury awarded a $1,826,265 Project Grant to Community Credit Union Of Florida through the Community Development Financial Institutions Rapid Response Program. The grant period runs from June 15, 2021 through December 31, 2023. The CDFI RRP aims to support Community Development Financial Institutions' ability to address the economic impacts of the coronavirus pandemic. Through this funding, Community Credit...
The Community Development Financial Institutions Fund within the Department of the Treasury awarded We Florida Financial $625,000 under the Community Development Financial Institutions Program (CFDA 21.020) to promote economic revitalization and community development through December 2024. The Project Grant funding must be used for financial products, services, development services, loan loss reserves, and capital reserves to build financial capacity and serve low-income and underserved rural...
The Florida Community Loan Fund 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 the Florida Community Loan Fund's ability to respond to the economic impacts of the coronavirus pandemic through June 30, 2023. As the name implies, the Community Development Financial Institutions Rapid Response Program was established to provide support to...
The federal Project Grant award of $900,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) supports We Florida Financial, a certified CDFI, in delivering financial products, services, development services, loan loss reserves, and capital reserves to underserved communities. This funding enables We Florida Financial to create jobs, build businesses, and foster economic self-determination, with a particular emphasis on...
The Department of the Treasury's Community Development Financial Institutions Fund awarded a $1.8 million Project Grant to Cooperativa Ahorro Y Credito Florida, doing business as Florida Coop, under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The grant period runs from June 15, 2021 through December 31, 2023 and will support Florida Coop's ability to respond to the economic impacts of the coronavirus pandemic on its target communities and...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded a $1.3 million Project Grant to the Palm Beach County Black Business Investment Corporation through the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The two-year award ending September 2023 will support the organization's ability to respond to the economic impacts of the coronavirus pandemic on its local community. As the stated purpose of the...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Rflf 2, LLC $1,826,265 under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) from June 15, 2021 through December 31, 2023. The CDFI RRP aims to support Community Development Financial Institutions' (CDFIs) ability to address the economic impacts of the coronavirus pandemic by preparing for and responding to related needs. Through this funding,...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $750,000 to Neighborhood Lending Partners of Florida, Inc. through the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The two-year project grant will support Neighborhood Lending Partners' ability to respond to the economic impacts of the coronavirus pandemic in the United States through March 2024. Specifically, the CDFI RRP funding will enable Neighborhood...
The Florida A&M University Federal Credit Union (FAMU FCU) was awarded a $1,826,265 Project Grant from the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) under the Community Development Financial Institutions Rapid Response Program (CDFI RRP). The grant will support FAMU FCU's ability to respond to the economic impacts of the coronavirus pandemic by providing financial and other services to communities and populations affected by the...
Suncoast 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, CFDA 21.024) to support, prepare for, and respond to the economic impact of the coronavirus. The funding will allow Suncoast Credit Union to provide financial products and services through June 30, 2023 to address the needs of communities and populations affected by the pandemic. The CDFI RRP aims to support the...