Project Grant 21SDL058279G
- 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...
- 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 Department of the Treasury's Community Development Financial Institutions Fund awarded Community First Fund $235,800 under the Small Dollar Loan Program (CFDA 21.025) on September 23, 2021. Through June 30, 2025, the awardee will use the funding to establish loan loss reserves and provide technical assistance to enable small dollar lending by certified Community Development Financial Institutions. The expected outcomes are increased access to affordable capital and credit-building...
- 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...
- The Cen-Tex Certified Development Corporation (Cen-Tex CDC) was awarded a $1,826,265 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The two-year grant will support Cen-Tex CDC's ability to respond to the economic impacts of the coronavirus pandemic by preparing for and providing support through its regular community development...
- This $250,840 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support the establishment and maintenance of small dollar loan programs through the Small Dollar Loan Program (CFDA #21.025). People Trust, a certified Community Development Financial Institution, will use the funding to provide $250k in grants for loan loss reserves and technical assistance activities. This will enable the establishment of small dollar lending to help...
- This $415,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Optus Financial Corporation's small dollar lending program through December 2024. Under the Small Dollar Loan Program (CFDA 21.025), the grant provides funding for loan loss reserves and technical assistance to enable the certified Community Development Financial Institution to establish and maintain affordable small dollar loans. Such loans help the unbanked and...
- This $117,500 project grant from the Department of the Treasury's Community Development Financial Institutions Fund will support the Small Dollar Loan Program. Administered through the CDFI Fund's Small Dollar Loan Program (CFDA #21.025), the grant aims to increase access to affordable small dollar loans for underbanked populations. Womenventure, a certified Community Development Financial Institution, will use the funding to establish and maintain a small dollar loan program through June...
- This $122,256 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support the establishment and maintenance of a small dollar loan program through the Small Dollar Loan Program (CFDA #21.025). The grant provides funding to United Bank, a certified Community Development Financial Institution, for loan loss reserves and technical assistance activities that will enable the provision of alternative, affordable small dollar loans to underbanked...
- The Department of the Treasury's Community Development Financial Institutions Fund awarded The Citizens National Bank of Meridian $118,376 under the Small Dollar Loan Program (CFDA 21.025) on September 23, 2021. Through December 31, 2024, the bank will establish and maintain a small dollar loan program to provide an alternative to high-cost small dollar loans and help the unbanked and underbanked build credit and access affordable capital. Specifically, grant funds will enable the bank to set up...
The Community Development Financial Institutions Fund within the Department of the Treasury awarded Cen-Tex Certified Development Corporation $280,000 under the Small Dollar Loan Program (CFDA 21.025) on September 23, 2021. Through June 30, 2025, Cen-Tex will establish and maintain a small dollar loan program to provide an alternative to high-cost small dollar loans and help the unbanked and underbanked build credit and access affordable capital. Specifically, grant funds will enable Cen-Tex to establish a loan loss reserve fund to defray costs of the small dollar loan program and support technology, staffing, and other eligible activities. The Small Dollar Loan Program aims to increase small dollar lending to expand access to mainstream financial systems for underserved populations. There are no subrecipients; Cen-Tex will directly provide the small dollar loan program and associated services.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $280.0k | 9/23/21 |