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 Cooperativa De Ahorro Y Credito DR Manuel Zeno Gandia. As a Community Development Financial Institution (CDFI), Cooperativa will use this funding to expand lending, grant-making, and investment activities in low- and moderate-income communities in the United States disproportionately impacted by the COVID-19 pandemic. The award will also enable Cooperativa to build organizational capacity and acquire technology, staff, and other tools to provide increased access to capital and deliver financial services to underserved borrowers and minorities through 2028.
Generated 2/6/24, 12:20 PM