The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded $500,000 under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033) federal grant program to Solar and Energy Loan Fund of St. Lucie County, Inc. (SELFC), a certified Community Development Financial Institution (CDFI). Through this Project Grant award, SELFC will deploy $500,000 by September 2028 in loans, grants and investments to aid pandemic economic recovery efforts in low- and moderate-income communities disproportionately impacted by COVID-19. As a CDFI, SELFC provides financing and technical assistance to support renewable energy, energy efficiency and other community development initiatives. This award will enable SELFC to expand access to capital and services for underserved small businesses and communities responding to pandemic impacts through September 2028.
Generated 2/6/24, 5:23 AM