Project Grant 22SDL060672G
Award Date
9/27/22
Completion Date
6/30/26
Dollars Obligated
$132K
Federal Agency
Community Development Financial Institutions Fund
Federal Grant Program
21.025
Assistance Type
Project Grant
Place of Performance
United States
Similar Awards
The federal Project Grant award of $242,964.00 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund, under the CFDA 21.025 Small Dollar Loan Program, enables First Nations Community Financial, a certified CDFI and federally recognized Indian Tribe, to establish and maintain small business loan programs. The grant supports the organization's efforts to provide affordable alternatives to high-cost small dollar loans and improve access to mainstream...
The Department of the Treasury's Community Development Financial Institutions Fund awarded First Community Capital Inc. a $108,795 Project Grant under the Small Dollar Loan Program (CFDA 21.025). The grant will enable the certified Community Development Financial Institution to establish a loan loss reserve and provide technical assistance to support a small dollar loan program. This program aims to increase access to affordable capital and credit-building opportunities for underbanked...
The Department of the Treasury's Community Development Financial Institutions Fund awarded Community First Fund $235,800 under the Small Dollar Loan Program (CFDA 21.025) on September 23, 2021. Through June 30, 2025, the awardee will use the funding to establish loan loss reserves and provide technical assistance to enable small dollar lending by certified Community Development Financial Institutions. The expected outcomes are increased access to affordable capital and credit-building...
This $159,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support the Northwest Native Development Fund in establishing and maintaining a small dollar loan program through December 2024. The grant provides funding for loan loss reserves and technical assistance to enable the certified Community Development Financial Institution to offer alternative financing options to underbanked populations. Through the Small Dollar Loan Program,...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Fnbc Bancorp Inc. a $230,000 Project Grant under the Small Dollar Loan Program (CFDA 21.025). The grant will enable the recipient to establish a loan loss reserve and provide technical assistance to support small dollar lending. Through this alternative lending model, the intended outcomes are to help the unbanked and underbanked populations build credit, access affordable capital, and...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $142,500 under the Small Dollar Loan Program (CFDA 21.025) to the Nimiipuu Community Development Fund on September 23, 2021. The award will enable the recipient to establish a loan loss reserve and provide technical assistance to support small dollar lending through September 30, 2024. Specifically, the funding will be used to defray costs of maintaining a small dollar loan program and support related...
The Community Development Financial Institutions Fund within the Department of the Treasury awarded Fnbc Bancorp Inc. a $213,497 Project Grant under the Small Dollar Loan Program (CFDA 21.025). The grant will enable the recipient to establish a loan loss reserve and provide technical assistance to support a small dollar loan program. Through this initiative, the recipient aims to increase access to affordable capital and credit-building opportunities for underserved populations. Specifically,...
This $281,400 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Community Lendingworks' Small Dollar Loan Program activities through September 2023. The funding will enable the certified Community Development Financial Institution to establish a loan loss reserve and provide technical assistance to increase small dollar lending to underbanked populations. Through this Small Dollar Loan Program (CFDA #21.025), the awardee aims to...
The federal Project Grant award of $201,192 was provided by the Community Development Financial Institutions (CDFI) Fund, part of the U.S. Department of the Treasury, under the Small Dollar Loan Program (CFDA 21.025). The grant is intended to enable Members First Credit Union, a certified CDFI, to establish and maintain a small business loan program. The primary objectives are to provide affordable alternatives to high-cost small dollar loans and help unbanked and underbanked populations build...
The Community Development Financial Institutions Fund within the Department of the Treasury awarded a $120,000 Project Grant to Community Ventures Corporation, Inc. through the Small Dollar Loan Program (CFDA 21.025). The grant will enable the certified Community Development Financial Institution recipient to establish a loan loss reserve and receive technical assistance to develop and maintain a small dollar loan program. This program aims to increase access to affordable small dollar loans for...