Valley Economic Development Partners Inc., doing business as Valley Partners, was awarded a $1,826,265 project grant from the Department of the Treasury's Community Development Financial Institutions Fund. The grant was awarded on June 15, 2021 through the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The two-year grant will support Valley Partners' ability to respond to the economic impacts of the coronavirus pandemic by preparing for and...
This $800,000 Project Grant award was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Valley Economic Development Partners Inc., doing business as Valley Partners, a non-profit community development corporation in Youngstown, Ohio. The funding will support Valley Partners' mission to promote economic development and provide financial and technical assistance to underserved communities, with a focus on rural, minority,...
The Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) awarded a $3.72 million Project Grant to Valley First Credit Union through the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will support Valley First Credit Union's efforts to expand lending, grant making, and investment activity in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Funds will also...
The Valley Small Business Development Corporation (Valley SBDC) was awarded a $1,826,265 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The funding will support Valley SBDC's ability to provide financial assistance, economic support, and related services to businesses and communities impacted by the economic effects of the COVID-19 pandemic...
The Housing Partnership 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 provide loans, investments, and financial services to expand lending and grant-making activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Funded activities will build the capacity of community partners through December 2028 to develop affordable...
Partners Bank was awarded a $6,197,097 project grant from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to expand lending, grantmaking, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Through December 2028, Partners Bank will use the funding to provide $6.2 million in loans, grants, and investments to support community development financial institutions and...
The Virginia Community Development Fund, Inc. was awarded an $894,860 Project Grant through the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033) by the U.S. Department of the Treasury on April 10, 2023. The grant will support the Fund's efforts to expand lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic through December 2028. Specifically, grant funds...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Community Ventures Corporation, Inc. $2,478,839 under the Equitable Recovery Program (CFDA 21.033) to expand lending, grant making, and investment activity in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. As a non-profit community development organization, Community Ventures will utilize the April 10, 2023 funding to provide $2.5 million in loans,...
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 Community Development Venture Capital Alliance (CDVCA) received a $500,000 project grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) to support CDVCA's delivery of business capacity-building services and access to capital for socially and economically disadvantaged entrepreneurs. The CDFI ERP provides grants to Community Development Financial Institutions to respond to the economic impacts of the COVID-19...