The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded $510,000 under the Community Development Financial Institutions Program (CDFI Program, CFDA #21.020) to GECU. This three-year Project Grant will support GECU's provision of financial products and services that promote community development and economic revitalization. Through December 2026, GECU will utilize the funding to grow its capacity as a certified Community Development Financial...
The Community Development Financial Institutions Fund within the Department of the Treasury awarded $676,530 under the Community Development Financial Institutions Program (CFDA 21.020) to Gecu as a Project Grant. The funding will support Gecu's provision of financial products, services, development services, loan loss reserves, and capital reserves to eligible markets and target populations as defined in 12 C.F.R. 1805, with the goal of building financial capacity to lend and serve rural and...
The Community Development Financial Institutions Fund (CDFI Fund), an agency of the U.S. Department of the Treasury, awarded Gecu $1,826,265 under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024) on June 15, 2021. The award provides funding through December 31, 2023 to support Gecu's ability to respond to the economic impacts of the coronavirus pandemic in the United States. The CDFI RRP was established to support Community Development Financial...
Guadalupe Credit Union received a $966,747 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) to expand lending, grant making, and investment activities in low- to moderate-income communities disproportionately impacted by the COVID-19 pandemic. The grant funding will enable Guadalupe Credit Union to increase access to capital and financial...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded a $2,478,839 Project Grant to Elga Credit Union under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will support Elga Credit Union in expanding lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Funds will also enable the credit union...
The Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) awarded a $3.72 million Project Grant to Genesee Co-Op Federal Credit Union Inc. under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The award will support the 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 through...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Green Country Federal Credit Union a $3.7 million project grant under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will support Green Country Federal Credit Union in expanding lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic....
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Municipal Employees Credit Union of Baltimore, Inc. (MECU) a $3.718 million grant under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033). The CDFI ERP aims to support Community Development Financial Institutions (CDFIs) in expanding lending, grantmaking, and investment activities targeting low- and moderate-income communities...
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 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...