The Community Development Financial Institutions Fund within the Department of the Treasury awarded Natco Credit Union a $225,000 Project Grant under the Community Development Financial Institutions Program (CDFI Program, CFDA 21.020). The grant funds must be used by Natco Credit Union for financial products, financial services, development services, loan loss reserves, and capital reserves to build its financial capacity to lend to eligible markets and/or its target markets through December...
The Natco Credit Union received a $1.8 million project grant award from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program on June 15, 2021. The funding will support Natco in providing financial products and services to communities impacted by COVID-19 through December 31, 2023. As the recipient of a Community Development Financial Institutions Rapid Response Program (CDFI RRP) grant under the CFDA #21.024, Natco will use the funds to prepare for...
Natco Credit Union received an $826,279 project grant award under the Community Development Financial Institutions Fund Equitable Recovery Program from the Department of the Treasury to expand lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by COVID-19 through December 2028. The CDFI ERP aims to support Community Development Financial Institutions in responding to economic impacts of the pandemic by building organizational...
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...
This $682,900 project grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Neighborhood Trust Federal Credit Union's work to promote economic revitalization and community development. Awarded on February 28, 2023 under the Community Development Financial Institutions Program (CFDA 21.020), the funding will be used by Neighborhood Trust FCU through December 31, 2026 to build organizational capacity and drive community revitalization....
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...
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...
The Community Development Financial Institutions (CDFI) Program, administered by the U.S. Department of the Treasury (CFDA 21.020), awarded a $300,000 project grant to Neighbors United Federal Credit Union on November 21, 2024. This funding supports the credit union's efforts to expand access to affordable financial products, loans, and technical assistance in underserved communities, with a focus on low-income populations and areas disproportionately impacted by economic challenges. The grant...
The Department of the Treasury's Community Development Financial Institutions Fund awarded a $125,000 Project Grant to Neighbors United Federal Credit Union under the Community Development Financial Institutions Program (CFDA 21.020). The grant will support the 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. Funds will be used for...
The National Community Investment Fund received a $701,530 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund. The grant will support the provision of financial products, financial services, development services, loan loss reserves, and capital reserves to certified Community Development Financial Institutions. The goal is to build the financial capacity of CDFIs to lend to eligible markets and target populations as defined in 12 C.F.R....