This $797,900 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support Ascendus, Inc. doing business as Accion USA in delivering services to strengthen Community Development Financial Institutions (CDFIs) through 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, Accion USA will...
Ascendus, Inc., doing business as Accion USA, was awarded a $1,826,265 Project Grant 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 June 2021 award will support Accion USA's ability to provide financial products and services through December 2023 to respond to the economic impacts of the coronavirus pandemic. The CDFI RRP aims to bolster Community...
This federal Project Grant award for $300,000 from the U.S. Department of Health and Human Services' Community Services Block Grant (CFDA 93.570) Discretionary Awards program will support the LIFTFUND CED PLANNING PROJECT implemented by Liftfund Inc., a community development financial institution (CDFI) doing business as Accion. The grant, awarded on September 30, 2024, will fund a 2-year project to provide financial and technical assistance to underserved entrepreneurs and small businesses in...
This $800,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) supports the Appalachian Community Capital Corporation (ACCC), a minority-owned and woman-owned CDFI, in delivering a range of financial services, capital access, and economic development initiatives in underserved Appalachian and rural communities. Specifically, the funding will enable ACCC to provide loans, investments, and technical...
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...
The $300,000 Project Grant awarded by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to the African Chamber of Commerce of Colorado, USA (Acccusa) on November 21, 2024 will be used to invest in and build the capacity of Community Development Financial Institutions (CDFIs). The funding aims to empower CDFIs to grow, achieve organizational sustainability, and drive community revitalization, particularly in Native American and other...
This $225,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support BDC Community Capital Corp.'s provision of financial products, services, and development assistance to promote economic revitalization and community development. Under the Community Development Financial Institutions Program, the awardee will use the funding for loans, loan loss reserves, capital reserves, and related services targeting low-income communities and...
This $600,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support the Latino Economic Development Corporation of Washington DC in promoting economic revitalization and community development. As part of the Community Development Financial Institutions Program, the Corporation will use the funding to provide $600K in financial products, financial services, development services, loan loss reserves, and capital reserves to eligible...
This $667,900 three-year Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Act! (Albany Community Together!), Inc.'s work to promote economic revitalization and community development. Through the Community Development Financial Institutions Program, which uses monetary awards and training to invest in and build the capacity of certified Community Development Financial Institutions, Act! will create jobs, build businesses, and...
This $676,530 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support Accompany Capital Inc., doing business as Business Center For New Americans, in delivering financial products, financial services, development services, loan loss reserves, and capital reserves to eligible markets and target populations as defined in 12 C.F.R. 1805. The funding will help build the awardee's financial capacity to lend to rural and urban low-income...