The Department of the Treasury Community Development Financial Institutions Fund awarded a $125,000 Project Grant to Evernorth Loan Fund Inc. under the Community Development Financial Institutions Program (CFDA 21.020). The grant will support technical assistance activities through December 2026 to build the organizational capacity of certified and emerging Community Development Financial Institutions. Technical assistance funds will be used for personal services, fringe benefits, professional services, travel, training, equipment, supplies, and incorporation costs. The goal is to serve rural and urban low-income communities and people who lack adequate access to affordable financial products and services. Intended beneficiaries include for-profit organizations, private nonprofits, and other private institutions. If Evernorth Loan Fund Inc. intends to carry out activities through a subsidiary Community Development Financial Institution insured depository institution, subrecipient activities are permitted under the terms of the assistance agreement.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $0 | 12/23/22 | ||
| Not listed | $125.0k | 9/26/22 |