This $300,000 Project Grant 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 providing financial products, financial services, development services, loan loss reserves, and capital reserves to benefit intended beneficiaries as defined in 12 C.F.R. 1805. The grant funds the Community Development Financial Institutions Program's goal of promoting...
The $350,000 federal Project Grant award to The Louisville Housing Opportunities & Micro-Enterprise Community Development Loan Fund Inc. was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020). This grant aims to support the organization's efforts as a certified CDFI to deliver financial services, loans, investments, and technical assistance to underserved communities, particularly low-income, Native American, and...
This $2.6 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support the Local Initiatives Support Corporation in delivering services to community development financial institutions (CDFIs) through December 2026. The Community Development Financial Institutions Program aims to promote economic revitalization and community development by investing in and assisting certified and emerging CDFIs. Specifically, grant funds will...
This $300,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support the Lowell Community Loan Fund Inc.'s provision of financial products, financial services, development services, loan loss reserves, and capital reserves to eligible markets and its approved target market through December 2024. The Community Development Financial Institutions Program aims to promote economic revitalization and community development by investing...
This $1,060,000 project grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support Community Loan Fund of the Capital Region, Inc.'s work to promote economic revitalization and community development. As part of the Community Development Financial Institutions Program (CFDA 21.020), which uses monetary awards and training to invest in and build the capacity of certified Community Development Financial Institutions, this three-year award ending...
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 Impact Development Fund, a certified CDFI and community development corporation based in Loveland, Colorado. The grant enables Impact Development Fund to provide affordable housing solutions, financial services, and community revitalization efforts targeting low-income individuals and underserved communities nationwide....
The Louisville Housing Opportunities & Micro-Enterprise Community Development Loan Fund Inc. was awarded a $669,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund on June 15, 2021. The grant is part of the CDFI Rapid Response Program and will provide funding through December 31, 2023 to support the ability of the community development financial institution to respond to the economic impacts of the coronavirus pandemic. As outlined in the...
This $525,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support the delivery of financial products, financial services, development services, loan loss reserves, and capital reserves by Community Redevelopment Loan and Investment Fund, Inc. to eligible markets and target populations as defined in 12 C.F.R. 1805. The funding assists the awardee community development financial institution in building its capacity to lend to...
The federal Project Grant award of $300,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) supports the Lafayette Community Development Fund, a nonprofit CDFI, in delivering financial services, loans, investments, and technical assistance to underserved communities in the United States. The award aims to build the organizational capacity of the CDFI, create jobs, support business development, and drive economic...
This $560,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support Lowell Community Loan Fund Inc.'s work under the Community Development Financial Institutions Program. The CDFI Program provides monetary awards and technical assistance to certified Community Development Financial Institutions and emerging CDFIs to promote economic revitalization and community development. Lowell Community Loan Fund will use the funding to...