The Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) awarded a $3.7 million Project Grant to Cooperativa De Ahorro Y Credito De Manati, Inc. under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033). The grant will support Cooperativa De Ahorro Y Credito De Manati, Inc.'s efforts to expand lending, grant making, and investment activity in low- and moderate-income communities and to borrowers...
The Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) awarded a $3.7 million Project Grant to Cooperativa De Ahorro Y Credito De Mayaguez under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The award period runs from April 10, 2023 through December 31, 2028. Funds will support expanding lending, grant making, and investment activities in low- and moderate-income communities disproportionately...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $1,826,265 to Cooperativa De Ahorro Y Credito Maunabo under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The Project Grant completion date is December 31, 2023. Maunacoop will use the funding to support, prepare for, and respond to the economic impact of the coronavirus in the United States, as intended under the CDFI RRP. Specifically, the...
The Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) awarded a $2,602,780 Project Grant to Cooperativa De Ahorro Y Credito De Moca through the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The funding will support Cooperativa De Ahorro Y Credito De Moca in expanding lending, grant making, and investment activities in low-to-moderate income communities and to borrowers disproportionately impacted by...
Cooperativa De Ahorro Y Credito De Cabo Rojo (Cooperativa) received a $3.7 million Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033). The grant aims to expand Cooperativa's lending, grant making, and investment activity in low- and moderate-income communities as well as borrowers disproportionately impacted by COVID-19...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Cooperativa De Ahorro Y Credito Padre Macdonald (Maccoop) a $2,478,839 project grant under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033) on April 10, 2023. The grant will enable Maccoop, a certified Community Development Financial Institution (CDFI) and nonprofit financial cooperative, to expand lending, grant making, and investment...
The Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033) awarded Cooperativa De Ahorro Y Credito De Arecibo (Coopaca) $3.7 million on April 10, 2023. Coopaca is a certified Community Development Financial Institution (CDFI) providing loans, financial services, and technical assistance to underserved communities in Puerto Rico impacted by COVID-19 through December 31, 2028. As a minority-owned, nonprofit credit union,...
The Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) awarded a $2,602,780 Project Grant to Cooperativa De Ahorro Y Credito De Aguadilla through the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The April 10, 2023 grant 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...
The Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033) awarded Cooperativa De Ahorro Y Credito Bo Quebrada De Camuy, P.R. $2,478,839 to expand lending, grantmaking, and investment activity in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. As a community development financial institution founded in 1953, Cooperativa provides financial services to members and clients in Puerto Rico. Through this April...
The Community Development Financial Institutions Fund (CDFI Fund) awarded Cooperativa De Ahorro Y Credito Aibonitena (Cooperativa) a $2,478,839 Project Grant under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033). The grant will support Cooperativa's efforts to expand lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by COVID-19 through December 2028. As a credit union...