Project Grant 221TA060272G

The Department of the Treasury's Community Development Financial Institutions Fund awarded Small Business Empowerment Fund, Inc. a $125,000 Project Grant under the Community Development Financial Institutions Program (CFDA 21.020). The grant will support technical assistance activities to build the recipient's organizational capacity as a certified Community Development Financial Institution (CDFI) to serve low-income communities and individuals who lack access to affordable financial products and services. Funds must be used for eligible activities including personal and fringe benefits compensation, professional services, travel, training and education, equipment, supplies, and incorporation costs. The goal is to strengthen the recipient's ability to fulfill its mission and better serve target markets through September 2025. No subrecipient activities were indicated.