The Cincinnati Development Fund received a $525,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Program (CDFI Program, CFDA 21.020). The grant funding will support the Cincinnati Development Fund's provision of financial products, financial services, development services, loan loss reserves, and capital reserves to eligible markets and target populations as defined in 12...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $1,217,900 under the Community Development Financial Institutions Program (CFDA 21.020) to Finance Fund Capital Corp. This Project Grant will support the CDFI Program's goal of promoting economic revitalization and community development through February 2023 to December 2026. The CDFI Program uses monetary awards and training opportunities to build the capacity of certified Community Development...
The Cincinnati Development Fund received a $1.8 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program on June 15, 2021. The grant funding will support the Cincinnati Development Fund's ability to respond to the economic impacts of the coronavirus through March 31, 2024. As the name implies, the Community Development Financial Institutions Rapid Response Program provides flexible funding to CDFIs, such as the...
The Department of the Treasury's Community Development Financial Institutions Fund awarded a $125,000 Project Grant to Greater Cincinnati Microenterprise Initiative Inc. under the Community Development Financial Institutions Program (CFDA 21.020). The grant will support technical assistance activities to build the recipient's organizational capacity to serve eligible low-income markets and communities that lack access to affordable financial products and services. Eligible technical assistance...
This $640,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support Catalytic Development Funding Corporation of Northern Kentucky's work to promote economic revitalization and community development. Through December 2026, Catalytic will invest in and provide assistance to certified and emerging Community Development Financial Institutions, building their capacity and empowering them to drive community revitalization....
The Department of the Treasury's Community Development Financial Institutions Fund awarded $560,000 under the Community Development Financial Institutions Program (CFDA 21.020) to Neighborhood Community Development Fund. This Project Grant will support the Fund's work from February 2023 through December 2026 to promote economic revitalization and community development in underserved areas. As a certified Community Development Financial Institution, Neighborhood Community Development Fund will...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded a $640,000 Project Grant to Cleveland Development Advisors Community Reinvestment Fund, Inc. under the Community Development Financial Institutions Program (CFDA 21.020). Through this award, Cleveland Development Advisors Community Reinvestment Fund, Inc. will provide capacity building and technical assistance to certified and emerging Community Development Financial Institutions. The CDFI...
The Project Grant award of $1,250,000.00 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) will support Catalytic Development Funding Corp. of Northern Kentucky, a non-profit Community Development Corporation, in delivering critical financial services, lending, grant-making, and technical assistance to underserved communities in Northern Kentucky. The award, which runs from September 2024 through December 2027, will enable the...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $640,000 to Impact Development Fund through the Community Development Financial Institutions Program (CDFI Program, CFDA #21.020) on February 28, 2023. The three-year project grant will support Impact Development Fund's work to promote economic revitalization and community development through 2026. As a certified Community Development Financial Institution, Impact Development Fund will use the funding to...
This $250,000 project grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support the Louisville Housing Opportunities & Micro-Enterprise Community Development Loan Fund Inc. in delivering services that promote economic revitalization and community development. Through December 2026, the awardee will invest in and provide assistance to certified and emerging Community Development Financial Institutions, as defined in the Community...