Toledo Urban Federal Credit Union (Toledo Urban FCU) was awarded a $1,826,265 Project Grant from the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The grant will support Toledo Urban FCU's ability to respond to the economic impacts of the coronavirus pandemic by providing $1.8 million in financing and related assistance from June 2021 through...
The $300,000 federal Project Grant awarded on November 21, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) will enable Toledo Urban Federal Credit Union (Toledo Urban FCU), a Black American-owned non-profit community development organization, to deliver $3.3 million in financing and support to Native American communities and other underserved populations. The funding will allow Toledo Urban FCU to expand its capacity to...
The Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) awarded a $125,000 Project Grant to Toledo Urban FCU under the Community Development Financial Institutions Program (CFDA 21.020). The grant will support the provision of technical assistance activities from September 2022 through December 2024 to build the awardee's organizational capacity to serve eligible markets and target populations as defined in 12 C.F.R. 1805. Eligible technical assistance...
The Community Development Financial Institutions (CDFI) Program, administered by the U.S. Department of the Treasury, awarded a $300,000 Project Grant to Toledo Metro Federal Credit Union on Nov 21, 2024. This funding is part of the CDFI Program's efforts to promote economic revitalization and community development by investing in and assisting certified and emerging CDFIs. The grant will enable Toledo Metro Federal Credit Union, a minority-owned non-profit community development credit union, to...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded City Federal Credit Union a $3.718 million project grant under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will support City Federal Credit Union's efforts to expand lending, grant making, and investment activity in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic through December...
The federal Project Grant award of $300,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program was provided to Nueva Esperanza Community Credit Union, a non-profit, Hispanic American-owned CDFI located in Toledo, Ohio. The award, provided under CFDA 21.020, aims to build the capacity of the credit union to deliver financial services, loans, investments, and technical assistance to low-income and underserved communities in the region. The...
The Community Development Financial Institutions Fund (CDFI Fund) awarded a $2.4 million Project Grant to Community Choice Credit Union through its Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will support Community Choice Credit Union's efforts to expand lending, grant-making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Funding will also enable the credit union to build organizational capacity and...
The Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) awarded a $1,735,187 Project Grant to United Credit Union under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The April 10, 2023 grant will support United Credit Union's efforts to expand lending, grant making, and investment activities through December 31, 2028 in low- and moderate-income communities disproportionately impacted by the COVID-19...
The Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) awarded USF Federal Credit Union (USF FCU) a $2,478,839 Project Grant under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The April 10, 2023 award will support USF FCU's efforts to expand lending, grant making, and investment activity through December 31, 2028 in low- and moderate-income communities disproportionately impacted by the COVID-19...
The Ohio Community Development Finance Fund Corp 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 supporting underserved communities disproportionately impacted by the COVID-19 pandemic. Through December 2028, the non-profit community development financial institution will use the funding to provide $5 million in financing to small...