Trufund Financial Services, Inc. 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 award period is from June 15, 2021 through December 31, 2023. The CDFI RRP provides funding to support Community Development Financial Institutions' ability to respond to the economic impacts of the coronavirus pandemic. Trufund...
This $725,000 federal Project Grant, awarded on September 26, 2024 under the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020), will support Trufund Financial Services, Inc., a non-profit Community Development Financial Institution (CDFI), in delivering financial solutions, technical assistance, lending, grant-making, and investment activities to bolster small businesses, nonprofits, and low- to moderate-income communities. The award will...
This $717,900 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support Trufund Financial Services, Inc.'s work to promote economic revitalization and community development. Through the Community Development Financial Institutions Program, which uses the CFDA number 21.020 to invest in and build the capacity of certified Community Development Financial Institutions, Trufund will provide $717,900 in monetary awards and training...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded a $1.3M Project Grant to Tronquicoop under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will support Tronquicoop's efforts to expand lending, grant making, and investment activity in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Funds will also enable the organization to build...
This $300,000 Project Grant was awarded on November 21, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the CDFI Program (CFDA 21.020). The grant will support the Truservice Community Federal Credit Union, a certified CDFI, in delivering financial services, loans, investments, and technical assistance to underserved communities, with a focus on low-income, Native American, and economically disadvantaged populations. The funding aims to...
TRP Lending, LLC received an $811,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund on June 15, 2021. The grant was provided through the Community Development Financial Institutions Rapid Response Program and will support TRP Lending's ability to respond to the economic impacts of the coronavirus through December 31, 2023. As part of this funding, TRP Lending will deliver financial and technical assistance services to communities...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $125,000 under the Community Development Financial Institutions Program (CFDA 21.020) to Truservice Community Federal Credit Union. The two-year project grant will support technical assistance activities to build the credit union's organizational capacity to serve low-income communities and individuals who lack access to affordable financial products and services. Eligible technical assistance activities...
This $766,530 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will promote economic revitalization and community development through investment in and assistance to certified Community Development Financial Institutions (CDFIs). Awarded to The Reinvestment Fund, Inc. on December 8, 2021 for completion by December 31, 2024, funding will support financial products, financial services, development services, loan loss reserves, and capital...
This $690,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Opportunity Fund's provision of financial products, financial services, development services, loan loss reserves, and capital reserves to low-income individuals and communities lacking adequate access to affordable options. Awarded on December 8, 2021 under the Community Development Financial Institutions Program (CFDA #21.020), the funding will bolster Opportunity...
The Department of the Treasury Community Development Financial Institutions Fund awarded Tronquicoop a $125,000 Project Grant under the Community Development Financial Institutions Program (CFDA 21.020). The grant will support Tronquicoop's provision of technical assistance to build the organizational capacity of certified and emerging Community Development Financial Institutions (CDFIs) through April 2025. Eligible technical assistance activities include compensation for personal and...