Project Grant 221TA059823G

The Department of the Treasury's Community Development Financial Institutions Fund awarded a $125,000 Project Grant to Border Financial Resources, Inc. under the Community Development Financial Institutions Program (CFDA 21.020). The grant will support technical assistance activities to build the organizational capacity of certified and emerging Community Development Financial Institutions (CDFIs) to serve eligible low-income markets and communities across the nation that lack adequate access to affordable financial products and services. Eligible technical assistance activities include compensation for personal and professional services, travel costs, training and education, equipment, supplies, and incorporation costs for sponsoring entities. The goal is to strengthen CDFIs' ability to promote economic revitalization and community development in their target markets through September 2024. No subrecipient activities were indicated.