The St. Louis Community Credit Union received a $2,478,839 project grant award from the Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) on April 10, 2023. The grant will support the credit union's lending, investment, and capacity building activities through December 31, 2028 to assist low- and moderate-income individuals and communities in the St. Louis region disproportionately impacted by COVID-19. Specifically, funding will expand the credit union's lending programs and enable it to provide financial advisory services and invest in community development initiatives. As a certified Community Development Financial Institution, St. Louis Community Credit Union aims to promote community development and financial inclusion through this CDFI ERP funding.
Generated 2/6/24, 3:18 AM