The Progress Fund, a non-profit community development corporation and certified Community Development Financial Institution (CDFI), was awarded a $4,050,422 grant under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033) on April 10, 2023. The grant will support the Progress Fund's efforts to expand lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic...
The Nonprofit Finance Fund received a $2.478 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to provide financial products, services, and capacity building support through 2028. The CDFI ERP aims to expand lending, grant making, and investment in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Specifically, the grant will enable Nonprofit Finance Fund to...
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) to Sustainable Communities Fund, a non-profit organization. The award will support Sustainable Communities Fund's efforts to expand lending, grant making, and investment activities through Dec. 31, 2028 in low- and moderate-income communities disproportionately impacted by...
The Community Development Financial Institutions (CDFI) Program, administered by the U.S. Department of the Treasury, has awarded a $800,000 project grant to Propel Nonprofits, a non-profit organization based in Minneapolis, Minnesota. This grant, which will run from Sep 26, 2024 to Mar 31, 2028, is part of the CDFI Fund's efforts to invest in and build the capacity of Native CDFIs. The funding will enable Propel Nonprofits to provide monetary awards, training opportunities, and technical...
The Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) awarded Pacific Community Ventures, Inc. a $3,248,766 Project Grant under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033). The grant will support Pacific Community Ventures' efforts to expand lending, grant making, and investment activity in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Funding will also...
The Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) awarded a $3.718 million Project Grant to Community Reinvestment Fund, Inc. under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The award period runs from April 10, 2023 through June 30, 2028. Funds will support Community Reinvestment Fund, Inc.'s efforts to expand lending, grant making, and investment activities in low- and moderate-income...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Capital Impact Partners $4,957,678 under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033) from April 2023 through December 2028. As a prime recipient, Capital Impact Partners will use this funding to expand lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by COVID-19....
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Opportunity Resource Fund $2,478,839 under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033) to provide financing and capacity building services through December 31, 2028. The CDFI ERP grant aims to support Community Development Financial Institutions (CDFIs) in expanding lending, grantmaking, and investments in low-to-moderate income...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded a $1.8 million Project Grant to Providence Revolving Fund under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will support Providence Revolving Fund's efforts to expand lending, grant making, and investment activity in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Funding will...
Poverty Solutions, Inc. received a $3.5 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to expand lending, grant making, investments, and build organizational capacity in communities disproportionately impacted by COVID-19 through December 2028. The Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033) aims to provide grants to Community Development...