The Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) awarded a $3.7 million Project Grant to Heritage Financial Credit Union through its Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033).
The April 2023 award will support Heritage Financial Credit Union in expanding 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 acquire technology, staff, and other resources to conduct these activities through December 2028. The CDFI ERP aims to respond to economic impacts of the pandemic by providing grants to Community Development Financial Institutions for lending and related support in underserved communities.
Generated 2/6/24, 9:29 AM