Project Grant 22SDL060690G

Award Date 9/27/22
Completion Date 12/31/25
Dollars Obligated $137K
Federal Grant Program
21.025
Assistance Type
Project Grant
Place of Performance
United States
Similar Awards
The Department of the Treasury's Community Development Financial Institutions Fund awarded a $136,163 Project Grant to Oswego County Federal Credit Union through the Small Dollar Loan Program (CFDA #21.025). The grant will enable the credit union to establish a loan loss reserve and receive technical assistance to develop and maintain a small dollar loan program. This program aims to provide an alternative to high-cost small dollar loans and help the unbanked and underbanked build credit and...
The Syracuse Cooperative Federal Credit Union received a $125,000 Project Grant award from the Department of the Treasury Community Development Financial Institutions Fund under the Community Development Financial Institutions Program. The grant will support the credit union in building its organizational capacity to serve low-income communities and individuals across the United States who lack adequate access to affordable financial products and services. Funds will be used for technical...
The Southern Chautauqua Federal Credit Union was awarded a $271,988 Small Dollar Loan Program project grant by the Department of the Treasury's Community Development Financial Institutions Fund. The grant will enable the credit union to establish a loan loss reserve and provide technical assistance to support a small dollar loan program. Through this funding, the credit union aims to increase access to affordable capital for underbanked populations and help them build credit. The Small Dollar...
The Department of the Treasury Community Development Financial Institutions Fund awarded a $213,497 Project Grant to Innovations Financial Credit Union through the Small Dollar Loan Program (CFDA 21.025). The grant will enable the credit union to establish a loan loss reserve and provide technical assistance to develop and maintain a small dollar loan program. This program aims to increase access to affordable capital and credit-building opportunities for underbanked populations by providing...
The Department of the Treasury's Community Development Financial Institutions Fund awarded United Credit Union $271,988 under the Small Dollar Loan Program (CFDA 21.025) on September 27, 2022 to provide alternative lending options through December 31, 2025. Through this Project Grant, the credit union will 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 capital for underbanked...
This $105,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Opportunities Credit Union's Small Dollar Loan Program through December 2024. The Small Dollar Loan Program (CFDA 21.025) aims to increase access to affordable capital and credit-building opportunities for underserved populations through establishing and maintaining small dollar loan programs. Funding will enable the credit union to set up a loan loss reserve and...
The Department of the Treasury Community Development Financial Institutions Fund awarded Neighbors United Federal Credit Union a $140,381 Project Grant under the Small Dollar Loan Program (CFDA 21.025). The grant will enable the credit union to establish a loan loss reserve and provide technical assistance to support a small dollar loan program through December 2025. Specifically, the loan loss reserve funds will help defray costs to launch and maintain affordable lending to underbanked...
The Department of the Treasury's Community Development Financial Institutions Fund awarded Syracuse Cooperative Federal Credit Union $525,000 under the Community Development Financial Institutions Program (CFDA 21.020) to support community development and revitalization efforts through February 2023 to December 2026. This Project Grant aims to build the capacity of certified Community Development Financial Institutions like Syracuse Cooperative Federal Credit Union to invest in and provide...
The Department of the Treasury's Community Development Financial Institutions Fund awarded Tucoemas Federal Credit Union a $271,988 Project Grant under the Small Dollar Loan Program (CFDA 21.025). The grant will enable the credit union to establish a loan loss reserve and receive technical assistance to develop and maintain a small dollar loan program through December 2025. The program aims to increase access to affordable capital and credit-building opportunities for underserved populations...
The Upstate Federal Credit Union received a $271,988 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund on September 27, 2022 to provide small dollar loans through December 31, 2025. Through the Small Dollar Loan Program (CFDA #21.025), the grant will enable the credit union 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...

The Syracuse Cooperative Federal Credit Union received a $136,696 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Small Dollar Loan Program (CFDA 21.025). The grant will enable the credit union to establish a loan loss reserve and provide technical assistance to support a small dollar loan program. Through this initiative, the credit union aims to increase access to affordable capital for underbanked populations and help them build credit. Specifically, the loan loss reserve will help defray costs of maintaining small dollar lending, while technical assistance funding will support technology, staffing, and other eligible activities. The expected outcomes are greater small dollar lending to advance financial inclusion goals for the credit union's members and community. There are no sub-recipients associated with this award.

Generated 1/7/24, 12:15 PM