Project Grant 21SDL058462G
- This $159,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support the Northwest Native Development Fund in establishing and maintaining a small dollar loan program through December 2024. The grant provides funding for loan loss reserves and technical assistance to enable the certified Community Development Financial Institution to offer alternative financing options to underbanked populations. Through the Small Dollar Loan Program,...
- 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...
- 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...
- 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 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 $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 $105,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Opportunities Credit Union'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 establishing and maintaining small dollar loan programs. Funding will enable the credit union to set up a loan loss reserve and...
- 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 $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 Sequoyah Fund Inc. was awarded a $135,000 Project Grant through the Small Dollar Loan Program administered by the Department of the Treasury's Community Development Financial Institutions Fund. The grant aims to increase small dollar lending to help underserved populations build credit and access affordable capital. Through the award, Sequoyah Fund will establish a loan loss reserve and receive technical assistance to develop and maintain a small dollar loan program. The loan program and associated support services are intended to provide an alternative to high-cost small loans and help unbanked and underbanked individuals and communities gain greater access to mainstream financial systems. The September 23, 2021 award is expected to be completed by December 31, 2024.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $135.0k | 9/23/21 |