The Department of the Treasury's Community Development Financial Institutions Fund awarded a $125,000 Project Grant to First Pioneers Federal Credit Union under the Community Development Financial Institutions Program (CFDA 21.020). The grant will support technical assistance activities from September 2022 through December 2024 to build the credit union's organizational capacity to serve low-income communities and individuals who lack access to affordable financial products and services. Eligible technical assistance activities include compensation for personal and professional services, travel, training, equipment, supplies, and incorporation costs. The goal is to promote economic revitalization and community development through investments in and assistance to certified and emerging Community Development Financial Institutions.
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