Project Grant 221FA059800G

Award Date 2/28/23
Completion Date 12/31/26
Dollars Obligated $660K
Federal Grant Program
21.020
Assistance Type
Project Grant
Place of Performance
United States
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The Community Development Financial Institutions Fund within the Department of the Treasury awarded Neighbors Federal Credit Union $660,000 under the Community Development Financial Institutions Program (CDFI Program, CFDA 21.020) from February 28, 2023 through December 31, 2026.

This Project Grant aims to promote economic revitalization and community development through investment in and assistance to the credit union, as certified Community Development Financial Institutions play a key role in empowering underserved communities through access to financial products and services. Specifically, the funding will support Neighbors Federal Credit Union's continued efforts to grow its capacity, achieve organizational sustainability, and drive community revitalization through the provision of loans, investments, financial services and other assistance to businesses and individuals in low-income communities.

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