The Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) awarded a $3.7 million Project Grant to Vegacoop under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will support Vegacoop'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 also enable Vegacoop to build organizational capacity and acquire technology and staff resources necessary to accomplish grant objectives through December 2028. The CDFI ERP aims to provide grants to Community Development Financial Institutions for expanding capital and financial services to underserved borrowers and communities impacted by the pandemic.
Generated 2/6/24, 8:32 AM