The Community Development Financial Institutions (CDFI) Program, administered by the U.S. Department of the Treasury, has awarded a $800,000 project grant to Propel Nonprofits, a non-profit organization based in Minneapolis, Minnesota. This grant, which will run from Sep 26, 2024 to Mar 31, 2028, is part of the CDFI Fund's efforts to invest in and build the capacity of Native CDFIs. The funding will enable Propel Nonprofits to provide monetary awards, training opportunities, and technical...
Propel Nonprofits received a $1.8 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The funding will support Propel Nonprofits' ability to respond to the economic impacts of COVID-19 through June 2024 by providing financial and technical assistance to community development financial institutions. The CDFI RRP aims to bolster...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $2,285,000 Project Grant to the Nonprofit Finance Fund. This funding will enable the Nonprofit Finance Fund to deliver monetary awards and training opportunities to invest in and build the capacity of certified CDFIs, empowering them to grow, achieve organizational sustainability, and drive community revitalization. The grant, with an award date of September 26, 2024 and a targeted...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $640,000 under the Community Development Financial Institutions Program (CFDA 21.020) to Opportunity Finance Network through December 2026. This Project Grant aims to promote economic revitalization and community development by building the capacity of certified Community Development Financial Institutions (CDFIs) serving Native communities. Opportunity Finance Network will provide monetary awards and...
The Project Grant award of $300,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to promote economic revitalization and community development. The award will fund technical assistance to build the capacity of certified and emerging CDFIs to serve low-income populations and underserved communities across the United States that lack adequate access to affordable financial products and services. The award, with a...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $660,000 under the Community Development Financial Institutions Program (CFDA 21.020) federal Project Grant to the National Community Investment Fund. The grant will support the Fund's work from February 2023 through December 2026 to build the capacity of and provide training to Certified Community Development Financial Institutions. Through monetary awards and training, the Fund will empower CDFIs to...
This $1,250,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program provides funding to Communityworks, a non-profit Community Development Financial Institution, to deliver financial services, loans, investments, and technical assistance to underserved communities, particularly Native American, minority, and low-income populations. The CDFI Program, with CFDA Number 21.020, aims to promote economic revitalization and...
This Project Grant award of $300,000 was issued on November 21, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020). The purpose is to promote economic revitalization and community development through technical assistance to build the capacity of certified and emerging CDFIs. The funding will support eligible activities such as compensation for personnel, professional services, travel, training, equipment, and supplies. The goal...
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 $1,250,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) supports the Neighborhood Development Center Inc., a non-profit community development corporation based in St. Paul, Minnesota. The funding will enable the organization to invest in and build the capacity of native CDFIs, empowering them to grow, achieve sustainability, and drive community revitalization in underserved communities nationwide....