The federal Project Grant award of $1,110,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program to Carter Fed Credit Union on September 26, 2024. The CDFI Program aims to promote economic revitalization and community development through investments in certified and emerging CDFIs. This grant will enable Carter Fed Credit Union, a non-profit CDFI and community development corporation, to deliver financial services, loans,...
The Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) awarded a $2,478,839 Project Grant to Carter Fed Credit Union under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will support Carter Fed Credit Union in expanding lending, grant making, and investment activity in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Funds will also enable the...
Caro 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 Caro Federal Credit Union's ability to provide financial products and services to its members and community through December 31, 2023. Specifically, the CDFI RRP grant award of $1,826,265 will allow Caro Federal Credit Union to prepare for and respond to the...
The Department of the Treasury's Community Development Financial Institutions Fund awarded DC Federal Credit Union a $1,826,265 Project Grant under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant will support DC Federal Credit Union's ability to respond to the economic impacts of the coronavirus by providing financial and technical assistance services to its members through December 31, 2023. The CDFI RRP aims to support Community...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $383,223 Project Grant under the Small Dollar Loan Program (CFDA 21.025) to Carter Fed Credit Union, a non-profit community development organization, on April 16, 2024. The grant funding enables Carter Fed Credit Union, a certified CDFI, to establish and maintain a small business loan program. The program aims to provide affordable alternatives to high-cost small dollar loans, as well as help...
First Family Federal Credit Union (FFFCU) was awarded a $1.5 million 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 FFFCU to address the needs of local communities facing economic hardship due to the pandemic. With this funding...
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 Financial Access 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 the credit union's ability to respond to the economic impacts of the coronavirus pandemic through the program completion date of December 31, 2023. As the recipient of a Community Development Financial Institutions Rapid Response Program (CDFI RRP) grant,...
First Financial Credit Union 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 the Community Development Financial Institutions Rapid Response Program, which aims to help CDFIs prepare for and respond to the economic impacts of the coronavirus through December 31, 2023. With this award, First Financial Credit Union will provide loans, financial assistance, and other services...
Community 1st 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 Community 1st Credit Union to provide financial products and services through June 30, 2023 to address the needs of communities affected by the pandemic. The CDFI RRP aims to support the...