The National Development Council Community Impact Loan Fund (NDC CILF) received a $3.53 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) Equitable Recovery Program (CDFI ERP, CFDA 21.033). The award provides funding from April 2023 through December 2028 to expand NDC CILF's lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Funds will also enable the organization to strengthen its operational capacity and acquire necessary technology, staff, and tools to carry out award activities. The CDFI ERP aims to support Community Development Financial Institutions in responding to economic impacts of the pandemic through community development initiatives.
Generated 2/6/24, 8:44 AM