The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $800,000 Project Grant to Loyalty Credit Union, also known as Central Credit Union of Florida, on September 26, 2024. The purpose of this grant is to promote economic revitalization and community development by providing financial and technical assistance to the CDFI. The funding must be used for financial products, financial services (for regulated institutions only), development...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $1,110,000 Project Grant to Communities Unlimited Inc., a non-profit economic development organization, on September 26, 2024. The grant funding is intended to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). The planned activities under this award include providing CDFIs with...
The federal Project Grant award of $800,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) on September 26, 2024. The purpose of the grant is to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). The award will enable the recipient, Community Credit Union of Florida, to build its financial capacity to...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $800,000 Project Grant to Erie Federal Credit Union on September 26, 2024. The purpose of the grant is to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). The planned activities include providing financial products, financial services (for regulated institutions only),...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $900,000 Project Grant to Champions First Credit Union, a non-profit CDFI, on September 26, 2024. The purpose of this grant is to promote economic revitalization and community development by providing financial assistance to the CDFI to build its capacity to lend to and serve low-income and underserved rural and urban populations across the nation that lack adequate access to affordable...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $800,000 Project Grant to California Credit Union on September 26, 2024. The goal of this CFDA 21.020 program is to promote economic revitalization and community development by providing financial and technical assistance to CDFIs that serve low-income and underserved populations. The funding must be used by California Credit Union for financial products, financial services, development...
The Community Development Financial Institutions (CDFI) Program, administered by the U.S. Department of the Treasury (CFDA 21.020), awarded a $625,000 Project Grant to Community First Federal Credit Union on September 26, 2024. The grant funding will be used to promote economic revitalization and community development by providing financial products, financial services, development services, loan loss reserves, and capital reserves to low-income and underserved populations through the CDFI's...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to the Community Development Finance Alliance on November 21, 2024. The purpose of this grant is to promote economic revitalization and community development through technical assistance to build the capacity of Community Development Financial Institutions (CDFIs) and emerging CDFIs. The planned activities under this grant include compensation for personnel services,...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Cooperative Loan Fund LLC on November 21, 2024. The purpose of this grant is to promote economic revitalization and community development through technical assistance to build the capacity of certified and emerging CDFIs. The planned activities for this grant include compensation for personal services and fringe benefits, professional service costs, travel,...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $350,000 Project Grant to DC Federal Credit Union on September 26, 2024. The purpose of this grant is to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). The funding will enable DC Federal Credit Union, a minority-owned and tax-exempt nonprofit organization, to build its...