Project Grant 22ERP061500G
Award Date
4/10/23
Completion Date
12/31/28
Dollars Obligated
$4.7M
Federal Agency
Community Development Financial Institutions Fund
Awardee
Locus Impact Fund (LUPWLEH8XKL9)
Federal Grant Program
21.033
Assistance Type
Project Grant
Place of Performance
United States
Similar Awards
This $3,800,000 federal Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) will provide monetary investments and training opportunities to build the capacity of Locus Impact Fund, a certified CDFI and community development corporation. The funding will enable Locus Impact Fund to expand its delivery of financial products, services, and technical assistance to support low-income communities, small businesses,...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Locus Impact Fund $1,826,265 under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) from June 15, 2021 through December 31, 2023. The CDFI RRP aims to support Community Development Financial Institutions' (CDFIs) ability to address the economic impacts of the coronavirus pandemic in their communities. Under this award, Locus Impact Fund will deploy...
This $1,735,000 federal Project Grant award, provided under the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020), supports the Locus Impact Fund, a certified CDFI and community development corporation, in delivering financial products, services, and technical assistance to low-income communities, small businesses, and economic development initiatives in the United States. Specifically, the funding enables Locus Impact Fund to expand...
The Community Development Financial Institutions Fund within the Department of the Treasury awarded a $625,000 Project Grant to Locus Impact Fund, doing business as V C C, through the Community Development Financial Institutions Program (CFDA 21.020). The grant funds will support Locus Impact Fund's provision of financial products, financial services, development services, loan loss reserves, and capital reserves to benefit low-income individuals and communities that lack access to affordable...
The Department of the Treasury's Community Development Financial Institutions Fund awarded Locus Impact Fund $3.75 million under the Capital Magnet Fund program on February 22, 2021. The Capital Magnet Fund (CFDA 21.011) helps create and preserve affordable housing for low-income families and economically distressed communities by attracting private capital. Locus Impact Fund will use this funding to support financing that preserves and rehabilitates affordable housing, consistent with the...
This $1.5 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support the Locus Impact Fund's provision of financing activities to expand access to healthy foods in underserved areas. As part of the Community Development Financial Institutions Program, the funding will allow the awardee to provide financial products, development services, loan loss reserves, and capital reserves to certified Community Development Financial...
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...
Low Income Investment Fund received a $4,957,678 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 benefiting low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. As a leading community development financial institution, Low Income Investment Fund will utilize the April 10, 2023 grant to provide $4.9 million in...
Lowell Community Loan Fund, Inc. was awarded $500,000 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) on April 10, 2023. The grant will enable Lowell Community Loan Fund to provide $500K in loans, investments, financial counseling and capacity building support through December 31, 2028 to expand economic opportunities for 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...