Project Grant 22SDL060815G

Award Date 9/27/22
Completion Date 12/31/25
Dollars Obligated $136K
Federal Grant Program
21.025
Assistance Type
Project Grant
Place of Performance
United States
Similar Awards
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 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...
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...
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 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...
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...
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 Department of the Treasury's Community Development Financial Institutions Fund awarded $271,988 under the Small Dollar Loan Program (CFDA 21.025) to Finest Federal Credit Union on September 27, 2022. Through December 31, 2025, the funding will enable the credit union to establish a loan loss reserve and provide technical assistance to support a small dollar loan program. The program aims to increase access to affordable capital and credit-building opportunities for underbanked populations...
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...
This $415,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Optus Financial Corporation's small dollar lending program through December 2024. Under the Small Dollar Loan Program (CFDA 21.025), the grant provides funding for loan loss reserves and technical assistance to enable the certified Community Development Financial Institution to establish and maintain affordable small dollar loans. Such loans help the unbanked and...

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 access affordable capital. No subrecipients are involved. The expected outcomes are an increase in small dollar lending to expand access to mainstream financial services for underserved populations. The completion date is December 31, 2025.

Generated 1/7/24, 7:03 AM