This $625,000 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 to low-income communities and individuals lacking adequate access to affordable options. Awarded to the Local Government Federal Credit Union on December 8, 2021, this funding under the Community Development Financial Institutions Program aims to...
This $690,000 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 Local Initiatives Support Corporation. As a certified Community Development Financial Institution, Local Initiatives Support Corporation will use the funding to build its financial capacity to lend to eligible markets and target populations as...
The Local Government Federal Credit Union (Lgfcu) was awarded a $1,826,265 Project Grant from the Department of the Treasury Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The grant will support Lgfcu's ability to provide financial products and services to communities in response to the economic impacts of the coronavirus pandemic from June 2021 through December 2023. As a Community...
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 Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded an $850,000 Project Grant to the Local Initiatives Support Corporation (LISC) under the Community Development Financial Institutions Program (CDFI Program, CFDA #21.020). The grant will support LISC's efforts to invest in and build the capacity of certified Community Development Financial Institutions (CDFIs) through February 2026. The CDFI Program aims to promote economic revitalization and...
This $1,046,530 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 Low Income Investment Fund. The funding assists this certified Community Development Financial Institution in building its financial capacity to lend to eligible low-income communities and individuals across the United States who lack...
Latino Community Credit Union received a $690,000 project grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Program to promote economic revitalization and community development. The funding must be used for financial products, services, development services, loan loss reserves, and capital reserves to build Latino Community Credit Union's capacity to lend to eligible markets and low-income...
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...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Latino Community Credit Union $660,000 under the Community Development Financial Institutions Program (CDFI Program, CFDA 21.020) to support community development and revitalization efforts. Through this three-year Project Grant ending December 2026, Latino Community Credit Union will promote economic growth and self-sufficiency in underserved communities by providing $660K in loans,...
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...