The Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) awarded a $3.718 million Project Grant to Mountain Star Federal Credit Union under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The award will support Mountain Star FCU's 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 enable the credit union to build organizational capacity and acquire technology, staff, and other resources to carry out activities under the CDFI ERP award through December 31, 2028.
Generated 2/6/24, 6:13 AM