Project Grant 21SDL058480G

Award Date 9/23/21
Completion Date 3/31/25
Dollars Obligated $156K
Federal Grant Program
21.025
Assistance Type
Project Grant
Place of Performance
United States
Similar Awards
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...
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...
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 $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 $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 $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'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...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $202,200 under the Small Dollar Loan Program (CFDA 21.025) to Arbuckle Federal Credit Union on September 23, 2021. The funding will support the establishment and maintenance of a small dollar loan program through December 2024. Specifically, the award provides grant funding for loan loss reserves and technical assistance activities to enable the recipient to offer alternative small dollar loans to...
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...

The Department of the Treasury Community Development Financial Institutions Fund awarded Freedom First Federal Credit Union $155,500 under the Small Dollar Loan Program (CFDA 21.025) on September 23, 2021. The Project Grant funding will enable the credit union to establish a loan loss reserve and provide technical assistance to support a small dollar loan program through March 2025. Specifically, the loan loss reserve grants will help defray costs of starting and maintaining a program offering alternative financing to high-cost small dollar loans. The technical assistance grants will fund technology, staffing, and other eligible activities needed to establish and sustain the small dollar lending. The intended outcomes are to increase access to affordable capital and credit-building opportunities for underbanked populations through mainstream financial services. There are no sub-awardees involved.

Generated 1/7/24, 5:26 AM