Project Grant 21SDL058377G
Award Date
9/23/21
Completion Date
12/31/24
Dollars Obligated
$295K
Federal Agency
Community Development Financial Institutions Fund
Awardee
Bank Of Commerce (H8SNKCRDQL84)
Federal Grant Program
21.025
Assistance Type
Project Grant
Place of Performance
United States
Similar Awards
This $135,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support People Incorporated Financial Services' small dollar lending program through June 2025. The Small Dollar Loan Program grant enables certified Community Development Financial Institutions to establish loan loss reserve funds and receive technical assistance grants to develop and maintain affordable small dollar loan programs. These programs are intended to...
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...
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...
This $280,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Just Community, Inc.'s Small Dollar Loan Program through December 2024. The Small Dollar Loan Program (CFDA #21.025) aims to increase access to affordable capital and credit-building opportunities for underserved populations through the establishment of loan loss reserves and technical assistance grants to certified Community Development Financial Institutions. Just...
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 $105,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support African Economic Development Solutions' small dollar lending program through December 2024. The grant enables the certified Community Development Financial Institution to establish a loan loss reserve and receive technical assistance to provide alternative financing options to underserved communities. Specifically, the funding will help defray costs of maintaining a...
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...
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...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Fnbc Bancorp Inc. a $230,000 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. Through this alternative lending model, the intended outcomes are to help the unbanked and underbanked populations build credit, access affordable capital, and...
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...