This $167,800 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support the Northwest Access Fund's participation in the Small Dollar Loan Program. Through this award, the Northwest Access Fund will establish a loan loss reserve and receive technical assistance funding to develop and maintain a small dollar loan program. This program aims to increase access to affordable small dollar loans for underbanked populations, helping them build...
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...
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 $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 U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $112,093 Project Grant to Northwest Access Fund, a certified CDFI, under the Small Dollar Loan Program (CFDA 21.025). The grant is intended to enable Northwest Access Fund to establish and maintain small business loan programs that provide affordable alternatives to high-cost small dollar loans. The funding supports loan loss reserves and technical assistance, allowing Northwest Access Fund...
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 $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 $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...
This $287,417 Project Grant awarded on April 16, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund supports the Small Dollar Loan Program (CFDA 21.025). The grant enables a Certified CDFI or partnership between a Certified CDFI and Federally Insured Depository Institution to establish and maintain small business loan programs. The program's objective is to provide affordable alternatives to high-cost small dollar loans and help unbanked and...
The federal Project Grant award of $242,964.00 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund, under the CFDA 21.025 Small Dollar Loan Program, enables First Nations Community Financial, a certified CDFI and federally recognized Indian Tribe, to establish and maintain small business loan programs. The grant supports the organization's efforts to provide affordable alternatives to high-cost small dollar loans and improve access to mainstream...