Project Grant 22ERP060853G

Award Date 4/10/23
Completion Date 12/31/28
Dollars Obligated $5M
Federal Grant Program
21.033
Assistance Type
Project Grant
Place of Performance
United States
Similar Awards
This $590,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Cleveland Development Advisors Community Reinvestment Fund, Inc. in delivering financial products, financial services, development services, loan loss reserves, and capital reserves to benefit low-income communities and individuals across the United States per the Community Development Financial Institutions Program. Awarded on December 8, 2021 for a completion date of...
The Cleveland Development Advisors Community Reinvestment Fund, Inc. was awarded a $1,826,265 project grant from the United States Department of the Treasury's Community Development Financial Institutions Fund. The grant was awarded under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024) to support the ability of Community Development Financial Institutions to address the economic impacts of the coronavirus pandemic from June 2021 through December...
This $1,250,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) supports the Cleveland Development Advisors Community Reinvestment Fund, Inc., a nonprofit CDFI and community development corporation, in delivering financial products, services, and technical assistance to underserved communities. The funding will enable the organization to expand lending, investment, and capacity-building activities to...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded a $640,000 Project Grant to Cleveland Development Advisors Community Reinvestment Fund, Inc. under the Community Development Financial Institutions Program (CFDA 21.020). Through this award, Cleveland Development Advisors Community Reinvestment Fund, Inc. will provide capacity building and technical assistance to certified and emerging Community Development Financial Institutions. The CDFI...
The Ohio Community Development Finance Fund Corp received a $4,957,678 project grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to expand lending, grant making, and investment activities supporting underserved communities disproportionately impacted by the COVID-19 pandemic. Through December 2028, the non-profit community development financial institution will use the funding to provide $5 million in financing to small...
The Cincinnati Development Fund received a $3.72 million project grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to provide lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. The award, issued on April 10, 2023, will support the organization's efforts to expand access to capital for underserved borrowers through March 31, 2029....
This $2,000,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program, CFDA 21.020, provides supplemental funding to certified CDFIs to expand the availability of healthy food retail and non-retail outlets in underserved areas. The funding will enable the recipient, Cleveland Development Advisors Community Reinvestment Fund, Inc., to offer financial products, development services, loan loss reserves, and capital reserves to...
The Cleveland State Bank received a $3.7 million grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to expand lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. The grant enables the Bank to increase lending and investments in underserved areas as well as build organizational capacity through staffing and technology upgrades. As a...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded $3,718,258 under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033) to Economic And Community Development Institute, Inc. (ECDI) from April 10, 2023 to June 30, 2028. The CDFI ERP provides grants to Community Development Financial Institutions to expand lending, grantmaking, and investment in low- and moderate-income communities...
The Reinvestment Fund, Inc. received a $3.7 million project grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to expand lending, grant making, and investment activities supporting economic recovery in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. The CDFI ERP aims to provide capital for Community Development Financial Institutions to respond to pandemic impacts through...

The Cleveland Development Advisors Community Reinvestment Fund, Inc. was awarded a $4,957,678 project grant from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033). The grant will support the organization's efforts to expand lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. As a Community Development Financial Institution, Cleveland Development Advisors utilizes such funding to provide capital and technical assistance for community and economic development initiatives. This includes lending to support healthy food access and COVID-19 relief efforts, as well as capacity building support for emerging CDFIs. The grant period runs from April 10, 2023 through December 31, 2028.

Generated 2/6/24, 8:24 AM