The Lower East Side Peoples Federal Credit Union (Lespfcu) was awarded a $476,530 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Program. Through this award, Lespfcu will provide financial products, financial services, development services, loan loss reserves, and capital reserves to benefit low-income individuals and communities in the United States that lack adequate access to...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded $482,900 under the Community Development Financial Institutions Program (CFDA 21.020) to Lower East Side Peoples Federal Credit Union (Lespfcu) from February 2023 through December 2026. This Project Grant will support Lespfcu's efforts to promote economic revitalization and community development in low-income communities. As a certified Community Development Financial Institution, Lespfcu...
Latino Community Credit Union was awarded a $3.7 million project grant from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to expand lending, grant-making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. The grant will allow the credit union to increase financing options through 2028 for underserved minority borrowers and build technological and staff capacity to...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded a $3,718,258 Project Grant to 1199 Seiu Federal Credit Union under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant 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. Funding will also...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Leaders Credit Union $2,478,839 under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033) to provide financing and capacity building services through December 31, 2028. The CDFI ERP grant aims to support Community Development Financial Institutions (CDFIs) in expanding lending, grant making, and investments in low-to-moderate income...
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 Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Liberty Financial Services, Inc. a $6.2 million Project Grant under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The award will support Liberty Financial in expanding lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Specifically, the CDFI...
The Department of the Treasury's Community Development Financial Institutions Fund awarded Local Initiatives Support Corporation $4,957,678 under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033) on April 10, 2023. The award will support LISC's delivery of loans, grants, equity investments and technical assistance to expand lending and investment in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic...
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 Community Development Financial Institutions Fund (CDFI Fund) awarded $2,478,839 under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033) to SPC Credit Union. The award will support SPC 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 2028. Specifically, funding will...