The Department of the Treasury's Community Development Financial Institutions Fund awarded Peoples Advantage Federal Credit Union a $1,826,265 Project Grant under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant period runs from June 15, 2021 through December 31, 2023 to support Peoples Advantage FCU's ability to respond to the economic impacts of the coronavirus pandemic in its service areas in the United States. Specifically, the...
Peoples Bank received a $6.2 million project grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033). The funding will support Peoples Bank's lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Specifically, the grant provides $6.2 million for lending...
Prime Financial Credit Union received a $2,478,839 Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) grant from the Department of the Treasury to expand lending, grant-making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Through December 2028, the grant will enable Prime Financial Credit Union to directly provide $2.5M in loans, grants, and investments to support community development...
The Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), CFDA 21.033, awarded People Incorporated Financial Services $512,293 to expand lending, grant making, and investment activity in low- and moderate-income communities disproportionately impacted by COVID-19. As a nonprofit community development organization, People Incorporated Financial Services operates over 30 programs to enhance lives, families, and communities through various financial products and...
This $300,000 Project Grant award was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Peoples Advantage Federal Credit Union, a community development financial institution located in Petersburg, Virginia. The grant funding will support the credit union's efforts to deliver financial services, loans, investments, and technical assistance to underserved and low-to-moderate income populations, with a particular...
Peoplefund, a non-profit community development corporation, was awarded a $2,478,839 Project Grant from the Department of the Treasury Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will support Peoplefund's lending, grant making, and investment activities in low- and moderate-income communities in Texas disproportionately impacted by the COVID-19 pandemic through December 2028. Specifically, funding will expand Peoplefund's...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded City Federal Credit Union a $3.718 million project grant under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will support City Federal 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 through December...
The Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) awarded a $2,478,839 Project Grant to DC Federal Credit Union under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033). The April 10, 2023 award will support expanding lending, grant making, and investment activities through December 31, 2028 in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Funding will...
The Community Development Financial Institutions Fund (CDFI Fund) awarded a $2.4 million Project Grant to Community Choice Credit Union through its Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will support Community Choice Credit Union's efforts to expand lending, grant-making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Funding will also enable the credit union to build organizational capacity and...
The Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) awarded $2,478,839 under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033) to SPC Credit Union. The award will support SPC 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 through December 2028. Specifically, funding will...