The Rural Community Assistance Corporation (RCAC) was awarded a $690,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) under the Community Development Financial Institutions Program (CDFI Program, CFDA 21.020). Through this award, RCAC will provide financial products, financial services, development services, loan loss reserves, and capital reserves to certified and emerging Community Development Financial Institutions (CDFIs)...
This $660,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support the Community Development Financial Institutions Program. The Program uses monetary awards and training opportunities to build the capacity of certified Community Development Financial Institutions, enabling them to drive community revitalization through expanded lending, investment, and development services. Rural Community Assistance Corporation will leverage...
This $300,000 Project Grant award, provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020), will enable Rochdale Capital Corp, Inc., a non-profit community development corporation, to invest in and build the capacity of Native American CDFIs. The funding will empower these CDFIs to grow, achieve organizational sustainability, and drive economic revitalization and self-determination in Native communities nationwide. The award...
The $300,000 Project Grant award under the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) will enable the Initiative Foundation Impact Fund, a nonprofit organization, to drive economic revitalization and community development in underserved areas. The funding will be used to invest in and build the capacity of the recipient, a certified CDFI, empowering it to grow, achieve organizational sustainability, and foster economic...
This federal Project Grant award of $170,000, provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020), supports the Rei Capital Access Fund, Inc., a non-profit Community Development Corporation, in delivering financial services, loans, investments, and technical assistance to underserved Native American and low-income communities. The funding, awarded on November 21, 2024, with a final completion date of December 31, 2027,...
This $300,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) is intended to invest in and build the capacity of Nrrc Financial LLC, a minority-owned, non-profit community development corporation serving Native American communities. The funding will empower Nrrc Financial LLC to grow, achieve organizational sustainability, and drive community revitalization through the creation of jobs, business development,...
This $610,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support Ncrc Community Development Fund, Inc.'s work to promote economic revitalization and community development. Through Dec. 31, 2026, Ncrc CDFi will use the funding to invest in and provide assistance to certified and emerging Community Development Financial Institutions, as outlined in the Community Development Financial Institutions Program (CFDA 21.020)....
This $400,000 Project Grant awarded on November 21, 2024 by the Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Native Initiatives (CFDA 21.012) program is intended to promote economic revitalization and community development in Native American communities. The funding will provide technical assistance to build the organizational capacity of certified and emerging Native Community Development Financial Institutions (CDFIs), enabling them to...
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 Housing Assistance Council (HAC) in delivering monetary awards and training opportunities to invest in and build the capacity of CDFIs. This funding empowers CDFIs, particularly those serving Native American and low-income communities, to grow, achieve organizational sustainability, and drive community revitalization. Through this...
The federal Project Grant award of $1,035,000.00 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) will be used by Big Coal River Bancorp, Inc. to invest in and build the capacity of Native CDFIs. Through the CDFI Fund's Native American CDFI Assistance (NACA) Program, this funding will create jobs, build businesses, and foster economic self-determination in Native communities nationwide. The award aims to empower Native CDFIs...