Project Grant 221TA060444G

Award Date 9/26/22
Completion Date 12/31/24
Dollars Obligated $125K
Federal Grant Program
21.020
Assistance Type
Project Grant
Place of Performance
United States
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The Department of the Treasury's Community Development Financial Institutions Fund awarded $125,000 to Nueva Esperanza Community Credit Union through the Community Development Financial Institutions Program (CFDA 21.020) on September 26, 2022. The Project Grant will support technical assistance activities through December 31, 2024 to build the credit union's organizational capacity to serve eligible low-income markets and communities that lack access to affordable financial products and services. Allowable expenses under the award include compensation for personal services and fringe benefits, professional services, travel costs, training and education, equipment, supplies, and incorporation costs. The goal is to strengthen Nueva Esperanza Community Credit Union's ability to promote economic revitalization and community development, as outlined in the program. No subrecipient activities were indicated.

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