The Department of the Treasury Community Development Financial Institutions Fund awarded $255,000 under the Small Dollar Loan Program (CFDA 21.025) to Checkspring Community Corporation on September 23, 2021. Through this Project Grant, Checkspring will establish a loan loss reserve and provide technical assistance to enable small dollar lending to underbanked populations through 2024. Specifically, the grant funds will defray costs of maintaining a small dollar loan program and support...
This $250,628 federal Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Small Dollar Loan Program (CFDA 21.025) enables Checkspring Community Corporation, a certified CDFI, to establish and maintain small business loan programs. The grant funds will support loan loss reserves and technical assistance, allowing Checkspring to provide affordable small dollar loans as alternatives to high-cost options, and help unbanked...
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 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund provides $676,530 to Checkspring Community Corporation through December 2024 to promote economic revitalization and community development. As part of the Community Development Financial Institutions Program (CFDA 21.020), the funding will support financial products, services, development services, loan loss reserves, and capital reserves to build Checkspring's capacity to lend to...
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 $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 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 $213,497 under the Small Dollar Loan Program (CFDA 21.025) to Cen-Tex Certified Development Corporation on September 27, 2022. The award will provide grant funding through June 30, 2026 to establish a loan loss reserve and support technical assistance activities to enable the recipient to establish and maintain a small dollar loan program. Specifically, the loan loss reserve funding will help defray...
The Department of the Treasury's Community Development Financial Institutions Fund awarded Ecdc Enterprise Development Group a $126,600 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 to underbanked populations. Specifically, the loan loss reserve funds will help defray costs of maintaining a small dollar loan program, while technical assistance...