The Department of the Treasury Community Development Financial Institutions Fund awarded Priority Credit Union a $125,000 Project Grant under the Community Development Financial Institutions Program (CFDA 21.020). The grant will support Priority 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 through September 2024. Funds will be used for technical assistance activities including compensation, fringe benefits, professional services, travel, training, equipment, supplies, and incorporation costs. The goal is to strengthen Priority Credit Union's ability to promote economic revitalization and community development in underserved markets consistent with the objectives of the CDFI Program. No subrecipient activities were indicated.
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