The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Cani's Center For Community And Economic Development, Inc. (Brightpoint) $500,000 under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033) on April 10, 2023.
The CDFI ERP provides grants to Community Development Financial Institutions (CDFIs) to expand lending, grant-making, and investment activity in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. As a CDFI, Brightpoint will utilize the funding to deliver affordable capital access and mainstream financial services to minorities, rural communities, and other underserved populations through 2028. No subrecipients were specified.
Generated 2/6/24, 9:30 AM