Project Grant 21RRP057615G
- The Department of the Treasury's Community Development Financial Institutions Fund awarded a $125,000 Project Grant to Prosperus Detroit Micro Lending under the Community Development Financial Institutions Program (CFDA 21.020). The grant will support technical assistance activities through December 2023 to build Prosperus Detroit's organizational capacity to serve low-income communities and individuals in the United States who lack adequate access to affordable financial products and...
- 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...
- The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Michigan Community Capital $1.826 million under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) on June 15, 2021. The award is intended to support Michigan Community Capital's ability to respond to the economic impacts of the coronavirus pandemic through December 31, 2023. As a Community Development Financial Institution (CDFI), Michigan Community...
- The Community Development Financial Institutions Fund within the Department of the Treasury awarded Community Development Resources $338,380 under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) from June 15, 2021 through December 31, 2023. This Project Grant aims to support CDFIs in addressing the economic impacts of the coronavirus pandemic by preparing for and responding to community needs. Specifically, Community Development Resources will...
- The Invest Detroit Foundation 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 Invest Detroit Foundation's ability to respond to the economic impacts of the coronavirus through December 31, 2023. As the designated Community Development Financial Institution, Invest Detroit Foundation will utilize the CDFI RRP award to provide $1.8...
- 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...
- The Small Business Administration Office of Capital Access awarded Prosperus Detroit Micro Lending $200,000 under the Prime Technical Assistance federal grant program (CFDA 59.050) for the period of September 30, 2022 through September 29, 2023. The grant funds will support Prosperus Detroit Micro Lending's delivery of training and capacity building services to microentrepreneurs in Detroit, Michigan. Specifically, the services aim to increase the number of microenterprises and enhance the...
- Ceds Finance received a $200,000 Project Grant award from the Department of the Treasury Community Development Financial Institutions Fund on June 15, 2021 to support coronavirus response efforts through September 30, 2023. The funding falls under the Community Development Financial Institutions Rapid Response Program (CDFI RRP), a program established by the Treasury Department to support Community Development Financial Institutions (CDFIs) in addressing the economic impacts of the pandemic...
- Prestamos Cdfi LLC received a $1.8 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 award period is from June 15, 2021 through June 30, 2023 to support, prepare for, and respond to the economic impact of the coronavirus. Specifically, the funding will enable Prestamos Cdfi LLC to provide financial and technical assistance...
- The Department of the Treasury's Community Development Financial Institutions Fund awarded Michigan First Credit Union a $1.8 million Project Grant under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The funding will support Michigan First Credit Union's ability to respond to the economic impacts of the coronavirus pandemic by preparing for and providing support to address the needs of its communities from June 2021 through December 2023. The...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded a $200,000 Project Grant to Prosperus Detroit Micro Lending through 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 to support Prosperus Detroit's ability to provide financial services to communities impacted by the economic effects of the COVID-19 pandemic. As a Community Development Financial Institution (CDFI), Prosperus Detroit will use this funding to prepare for and respond to increased demand for its lending and other financial products and services that support small businesses and individuals in Detroit during the ongoing public health crisis and economic recovery period.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $200.0k | 6/15/21 |