The Department of the Treasury's Community Development Financial Institutions Fund awarded a $125,000 Project Grant to Members Credit Union, Inc. 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 adequate access to affordable financial products and services. Funds will be used for technical assistance activities such as compensation for personal and professional services, travel costs, training and education, equipment, supplies, and incorporation expenses. The goal is to strengthen the credit union's ability to promote economic revitalization and community development in underserved markets consistent with CDFI Program objectives. The period of performance is September 26, 2022 through December 31, 2024.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $125.0k | 9/26/22 |