The California Coastal Rural Development Corporation (CCRC) was awarded a $1,826,265 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant will support CCRC's ability to respond to the economic impacts of the coronavirus pandemic by providing $1.8 million in funding from June 2021 through June 2023. As a Community Development Financial...
The Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), administered by the Department of the Treasury under CFDA #21.033, awarded Community Vision Capital & Consulting, doing business as Northern California Community Loan Fund, $4,957,678 through September 2028 to expand access to capital and financial services for low-income individuals and communities impacted by COVID-19. As a certified Community Development Financial Institution and woman-owned...
The California Capital Small Business Financial Development Corporation, doing business as California Capital SBDC, will provide $608,141 in small business lending and technical assistance services under a Project Grant award from the Department of the Treasury Community Development Financial Institutions Fund. The grant funding supports the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033), which provides grants to Community Development...
The Rural Community Assistance Corporation (RCAC) was awarded $500,000 through the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033) to provide financial and technical assistance services. The CDFI ERP, administered by the Department of the Treasury, aims to expand lending, grant making, and investment in low- and moderate-income communities disproportionately impacted by COVID-19. Through this April 10, 2023 project grant concluding September...
The Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) awarded Pacific Community Ventures, Inc. a $3,248,766 Project Grant under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033). The grant will support Pacific Community Ventures' 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...
The Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) awarded Community Investment Corporation $4,957,678 through September 2028 to expand lending, grant making, and investment activities serving low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. As a Community Development Financial Institution, Community Investment Corporation utilizes Department of the Treasury CDFI ERP funding to provide $5 million in loans,...
Ecdc Enterprise Development Group, doing business as Ecdc Enterprise Dev, will utilize a $3,305,118 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. As a non-profit community development corporation, Ecdc Enterprise Dev will provide microloans, business training, and...
The Pacific Coast Regional Small Business Development Corporation (PCR) was awarded a $1,612,732 grant under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033) by the U.S. Department of the Treasury on April 10, 2023. The grant will support PCR's efforts to expand lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic through June 30, 2028. As a community...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded $3,718,258 under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033) to Economic And Community Development Institute, Inc. (ECDI) from April 10, 2023 to June 30, 2028. The CDFI ERP provides grants to Community Development Financial Institutions to expand lending, grantmaking, and investment in low- and moderate-income communities...
Community Bank of the Bay received a $2.4 million project grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033) to expand lending, grant-making, and investment activities serving low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Through December 2028, the bank will use the funding to increase loans, investments, and financial services in underserved areas as...