This $560,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support Vital Healthcare Capital's work to promote economic revitalization and community development. Through the Community Development Financial Institutions Program (CFDA 21.020), the Fund uses monetary awards and training to build the capacity of certified Community Development Financial Institutions (CDFIs) like V-Cap. The award period is from February 28, 2023 through December 31, 2026. As a CDFI, V-Cap will leverage this funding to invest in and provide assistance to underserved communities and populations, helping to create jobs, build businesses, and foster economic self-sufficiency. The Community Development Financial Institutions Program aims to promote community development through CDFI support.
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