The Community Development Financial Institutions (CDFI) Program, administered by the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund), has awarded a $725,000 Project Grant to Financial Plus Credit Union. This grant, under CFDA Number 21.020, is intended to promote economic revitalization and community development through investments in and assistance to certified and emerging CDFIs. The funding will enable Financial Plus Credit Union, a nonprofit community development financial institution, to deliver financial services, loans, investments, and technical assistance to underserved communities, particularly low-income, Native American, and economically disadvantaged populations. The grant, awarded on September 26, 2024, is scheduled for completion by December 31, 2027, and aims to build the credit union's organizational capacity, create jobs, support business development, and drive economic self-determination in the communities it serves.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $725.0k | 9/26/24 |