The Department of the Treasury's Community Development Financial Institutions Fund awarded First Community Capital Inc. a $108,795 Project Grant under the Small Dollar Loan Program (CFDA 21.025). The grant will enable the certified Community Development Financial Institution to establish a loan loss reserve and provide technical assistance to support a small dollar loan program. This program aims to increase access to affordable capital and credit-building opportunities for underbanked...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $142,500 under the Small Dollar Loan Program (CFDA 21.025) to the Nimiipuu Community Development Fund on September 23, 2021. The award will enable the recipient to establish a loan loss reserve and provide technical assistance to support small dollar lending through September 30, 2024. Specifically, the funding will be used to defray costs of maintaining a small dollar loan program and support related...
This $281,400 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Community Lendingworks' Small Dollar Loan Program activities through September 2023. The funding will enable the certified Community Development Financial Institution to establish a loan loss reserve and provide technical assistance to increase small dollar lending to underbanked populations. Through this Small Dollar Loan Program (CFDA #21.025), the awardee aims to...
The Community Development Financial Institutions Fund within the Department of the Treasury awarded a $120,000 Project Grant to Community Ventures Corporation, Inc. through the Small Dollar Loan Program (CFDA 21.025). The grant will enable the certified Community Development Financial Institution recipient to establish a loan loss reserve and receive technical assistance to develop and maintain a small dollar loan program. This program aims to increase access to affordable small dollar loans for...
The Department of the Treasury's Community Development Financial Institutions Fund awarded a $131,918 Project Grant to First Nations Community Financial through the Small Dollar Loan Program (CFDA 21.025). The grant will enable the recipient to establish a loan loss reserve and provide technical assistance to support a small dollar loan program. This program aims to increase access to affordable capital and credit-building opportunities for underbanked populations through CDFI-administered small...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $213,497 under the Small Dollar Loan Program (CFDA 21.025) to Cen-Tex Certified Development Corporation on September 27, 2022. The award will provide grant funding through June 30, 2026 to establish a loan loss reserve and support technical assistance activities to enable the recipient to establish and maintain a small dollar loan program. Specifically, the loan loss reserve funding will help defray...
The Department of the Treasury's Community Development Financial Institutions Fund awarded Ecdc Enterprise Development Group a $126,600 Project Grant under the Small Dollar Loan Program (CFDA 21.025). The grant will enable the recipient to establish a loan loss reserve and provide technical assistance to support small dollar lending to underbanked populations. Specifically, the loan loss reserve funds will help defray costs of maintaining a small dollar loan program, while technical assistance...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $271,988 under the Small Dollar Loan Program (CFDA 21.025) to Finest Federal Credit Union on September 27, 2022. Through December 31, 2025, the funding will enable the credit union to establish a loan loss reserve and provide technical assistance to support a small dollar loan program. The program aims to increase access to affordable capital and credit-building opportunities for underbanked populations...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $255,000 under the Small Dollar Loan Program (CFDA 21.025) to FBT Bank & Mortgage on September 23, 2021. Through this Project Grant, FBT Bank & Mortgage will establish a loan loss reserve and receive technical assistance to support small dollar lending to underserved populations through December 2024. Specifically, the grant funds will enable the certified Community Development Financial...
The Department of the Treasury Community Development Financial Institutions Fund awarded $169,043 under the Small Dollar Loan Program (CFDA 21.025) to Freedom First Federal Credit Union. The funding will support the credit union in establishing and maintaining a small dollar loan program through March 2026. Specifically, grant funds will enable the establishment of a loan loss reserve to defray costs and provide technical assistance for technology, staffing, and other eligible activities. The...