This $1,285,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) supports the Low Income Investment Fund (LIIF), a leading non-profit CDFI, in delivering financial products, financial services, development services, loan loss reserves, and capital reserves to low-income communities and populations that lack adequate access to affordable financial services across the United States. The award, dated September...
This federal Project Grant award, provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020), will provide $5,000,000 in supplemental funding to CDFI Financial Assistance (FA) and NACA FA award recipients. The purpose is for these certified CDFIs to offer financing activities that expand the availability of healthy food retail and non-retail outlets in underserved areas. Planned activities include providing financial products,...
The Local Initiatives Support Corporation (LISC) was awarded a $7.5 million Project Grant from the Department of the Treasury Community Development Financial Institutions Fund on February 22, 2021. The funding is provided through the Capital Magnet Fund program (CFDA 21.011), which helps create and preserve affordable housing for low-income families and economically distressed communities by attracting private capital investments. Under this award, LISC will use the $7.5 million in grant funding...
This federal Project Grant award of $500,000.00 was provided by the U.S. Department of Agriculture Rural Housing Service under the Community Facilities Loans and Grants program (CFDA 10.766) on September 24, 2024. The funding will support the Local Initiatives Support Corporation (LISC), a national community development organization, in delivering essential community facilities and infrastructure improvements in rural areas. As a prime awardee, LISC will leverage its extensive experience and...
This Project Grant award of $1,285,000.00 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) is intended to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). The funding will support the Housing Assistance Council, a non-profit community development corporation, in delivering a range of financial products, financial...
The federal Project Grant award of $900,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to the National Community Investment Fund (NCIF), a non-profit organization based in Chicago, Illinois. The funding will be used by NCIF to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). Specifically, the grant...
This Project Grant award of $1,250,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program, CFDA 21.020, is intended to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). The funding will be used by the awardee, Local Enterprise Assistance Fund Inc. (LEAF), a non-profit organization located in Boston, Massachusetts, to provide financial...
The Local Initiatives Support Corporation (LISC) was awarded a $1.8 million Project Grant from the Department of the Treasury Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant will support LISC's ability to respond to the economic impacts of the coronavirus pandemic by providing $1.8 million in funding from June 2021 through December 2023. As the name suggests, the CDFI RRP aims to...
The $800,000 Project Grant awarded on September 26, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) is intended to promote economic revitalization and community development. The grant funds will be used by the recipient, Priority Trust Credit Union, to provide financial products, financial services, development services, loan loss reserves, and capital reserves to underserved low-income populations and communities that...
The federal Project Grant award of $1,350,000.00 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to the National Housing Trust Community Development Fund, a non-profit organization and certified CDFI. The purpose of the award is to promote economic revitalization and community development through investment in and financial assistance to CDFIs. The funding will be used by the National Housing Trust Community...