The Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) awarded SPC Credit Union a $125,000 Project Grant under the Community Development Financial Institutions Program (CFDA 21.020). The grant will support SPC Credit Union in building its organizational capacity to serve eligible low-income communities and individuals across the United States who lack adequate access to affordable financial products and services through September 2024. Key activities to be...
The Department of the Treasury's Community Development Financial Institutions Fund awarded St. Louis Community Credit Union $717,900 under the Community Development Financial Institutions Program (CFDA 21.020) to support economic revitalization and community development through February 2028. This Project Grant will enable the credit union to invest in and provide assistance to certified and emerging Community Development Financial Institutions, empowering them to expand lending, technical...
This $660,000 project grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support the delivery of financial and capacity building services to community development organizations through June 2026. Administered under the Community Development Financial Institutions Program, the funding was awarded to USF Federal Credit Union to invest in and assist certified and emerging Community Development Financial Institutions. Through monetary awards...
The Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) awarded $2,478,839 under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033) to SPC Credit Union. The award will support SPC Credit Union's efforts to expand lending, grant making, and investment activity in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic through December 2028. Specifically, funding will...
The Department of the Treasury's Community Development Financial Institutions Fund awarded a $125,000 Project Grant to Community Credit Union to build organizational capacity and serve targeted populations under the Community Development Financial Institutions Program (CFDA #21.020). Funding will support technical assistance activities such as compensation for personal and professional services, travel, training, equipment and supplies to strengthen the credit union's ability to provide...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $900,000 Project Grant to Coastal Federal Credit Union. The CDFI Program, authorized under CFDA 21.020, invests in and builds the capacity of CDFIs to empower them to grow, achieve sustainability, and drive community revitalization. Through this award, Coastal Federal Credit Union will use the funds to create jobs, build businesses, and foster economic self-determination in Native American...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded $660,000 under the Community Development Financial Institutions Program (CDFI Program, CFDA 21.020) to First Commerce Credit Union. This three-year Project Grant will support the CDFI Fund's mission to promote economic revitalization and community development through investment in and assistance to certified Community Development Financial Institutions (CDFIs). Specifically, the funding will...
The Department of the Treasury's Community Development Financial Institutions Fund awarded Bay Credit Union $640,000 under the Community Development Financial Institutions Program (CFDA 21.020) from February 2023 through December 2026. This Project Grant aims to promote economic revitalization and community development through investment in and assistance to certified Community Development Financial Institutions. Specifically, Bay Credit Union will use the funding to provide loans,...
The Project Grant award of $900,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020). The grant supports the Florida State University Credit Union (FSUCU), a certified CDFI, in delivering financial services, loans, investments, and technical assistance to underserved low-income and Native American communities. The funding aims to build FSUCU's organizational capacity, create jobs, support business development, and...
The Community Development Financial Institutions (CDFI) Program, administered by the U.S. Department of the Treasury (CFDA 21.020), has awarded a $300,000 Project Grant to the Frederiksted Federal Credit Union, a non-profit community development corporation based in the U.S. Virgin Islands. This grant funding will be used to support the credit union's efforts to deliver financial services, loans, investments, and technical assistance to underserved and low-income communities, with a focus on...