The Department of the Treasury Community Development Financial Institutions Fund awarded a $125,000 Project Grant to 705 Federal Credit Union under the Community Development Financial Institutions Program (CFDA 21.020). The grant will support the credit union in building its organizational capacity to serve eligible rural and urban low-income communities and individuals who lack access to affordable financial products and services through September 2024. Funds will be used for technical assistance activities including professional services, staff training and education, and supplies. The intended outcomes are to strengthen the credit union's ability to promote economic revitalization and community development in underserved markets consistent with the goals of the CDFI Program.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $125.0k | 9/26/22 |