The federal Project Grant award of $300,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to First South Financial Federal Credit Union. The purpose of the award is to promote economic revitalization and community development by building the capacity of certified and emerging CDFIs to serve low-income and underserved populations that lack adequate access to affordable financial products and services. The grant...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $625,000 Project Grant to Members 1ST Credit Union on September 26, 2024. The grant funding is intended to promote economic revitalization and community development by providing financial and technical assistance to the CDFI to build its financial capacity and enable it to deliver affordable financial products and services to low-income and underserved populations across the United...
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 has awarded a $300,000 Project Grant to Hopesouth Federal Credit Union 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 funding will be used to support eligible activities, including personnel compensation, fringe benefits, professional services,...
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 $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 $625,000 Project Grant to Community 1ST Credit Union on September 26, 2024. The purpose of this CFDA 21.020 grant 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 Community 1ST Credit Union for financial products, financial services,...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $650,000 Project Grant to Tennessee Members 1ST Federal Credit Union on September 26, 2024. The grant supports the credit union's mission to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). The funding must be used for financial products, financial services (for regulated...
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...
This $900,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) is intended to promote economic revitalization and community development through financial and technical assistance to the Coastal Federal Credit Union, a certified CDFI. The funding will be used to support the credit union's provision of financial products, financial services, development services, loan loss reserves, and capital reserves, in...