The Department of the Treasury's Community Development Financial Institutions Fund awarded $425,000 under the Community Development Financial Institutions Program (CFDA 21.020) to Redf Impact Investing Fund through December 2026. This Project Grant aims to promote economic revitalization and community development by providing capital and technical assistance to certified Community Development Financial Institutions. Redf Impact Investing Fund will use the funding to invest in and build the...
The federal Project Grant award of $610,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Redf Impact Investing Fund, a woman-owned non-profit community development corporation. The grant will enable Redf Impact Investing Fund to provide financial services, capacity-building support, and targeted assistance to Community Development Financial Institutions (CDFIs), with a particular focus on serving Native...
The Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) awarded a $3.718 million Project Grant to Community Reinvestment Fund, Inc. under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The award period runs from April 10, 2023 through June 30, 2028. Funds will support Community Reinvestment Fund, Inc.'s efforts to expand lending, grant making, and investment activities in low- and moderate-income...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Impact Development Fund $3.7 million under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033) from April 2023 through December 2028. The CDFI ERP provides grants to Community Development Financial Institutions (CDFIs) to expand lending, grant making, and investment activities in low- and moderate-income communities disproportionately...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded $500,000 under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033) to Sustainable Communities Fund, a non-profit organization. The award will support Sustainable Communities Fund's efforts to expand lending, grant making, and investment activities through Dec. 31, 2028 in low- and moderate-income communities disproportionately impacted by...
The Department of the Treasury's Community Development Financial Institutions Fund awarded Neighborhood Impact Investment Fund, Inc. a $4,957,678 Project Grant under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033). The grant will support the organization'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...
The Reinvestment Fund, Inc. received a $3.7 million project grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to expand lending, grant making, and investment activities supporting economic recovery in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. The CDFI ERP aims to provide capital for Community Development Financial Institutions to respond to pandemic impacts through...
The Nonprofit Finance Fund received a $2.478 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to provide financial products, services, and capacity building support through 2028. The CDFI ERP aims to expand lending, grant making, and investment in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Specifically, the grant will enable Nonprofit Finance Fund to...
The Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) awarded a $2.558 million Project Grant to Institute Capital, Inc. under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The award will support Institute Capital's delivery of lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic through December 2028....
The nonprofit organization Opportunity Fund received a $1,650,510 award under the Department of the Treasury Community Development Financial Institutions Fund's Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033). The April 10, 2023 award will support Opportunity Fund's provision of lending, grant making, and investment activities through June 30, 2028 to individuals and communities disproportionately impacted by the COVID-19 pandemic. As a...