The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Valley First Credit Union $510,000 under the Community Development Financial Institutions Program (CDFI Program, CFDA 21.020) on February 28, 2023. This three-year Project Grant will support Valley First Credit Union's efforts to promote economic revitalization and community development through 2026. The CDFI Program aims to build the capacity of certified Community Development Financial...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded First Imperial Credit Union a $4,957,678 Project Grant under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will support First Imperial 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. Specifically, the...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $281,094 Project Grant to Valley First Credit Union under the Small Dollar Loan Program (CFDA 21.025). This grant funding enables Valley First Credit Union, a certified CDFI, to establish and maintain small business loan programs that provide affordable alternatives to high-cost small dollar loans. The grant supports loan loss reserves and technical assistance, allowing the credit union to...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded First Family Federal Credit Union a $500,000 Project Grant under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will support the 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. Funds will also enable...
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 Community Development Financial Institutions Fund (CDFI Fund) within the Department of the Treasury awarded First Bank $4,957,678 under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) on April 10, 2023. 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 impacted by the COVID-19 pandemic through...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Mountain Valley Bank $2.478 million under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033) on April 10, 2023. The CDFI ERP provides grants to Community Development Financial Institutions to mitigate economic impacts of the COVID-19 pandemic by expanding lending, grant making, and investment activities in low- and moderate-income...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded a $2.6 million Project Grant to Cooperativa De Ahorro Y Credito Del Valenciano under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant funding will support expanded lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Additionally, funds...
The Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) awarded a $2,478,839 Project Grant to Altaone Federal Credit Union under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033). The grant will support Altaone Federal Credit Union in expanding lending, grant making, and investment activity in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Funds will also enable...
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...