The Community Development Financial Institutions (CDFI) Program, administered by the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CFDA #21.020), has awarded a $900,000 Project Grant to Empower Federal Credit Union. This grant, awarded on September 26, 2024, will be used to invest in and build the capacity of Empower FCU, a certified CDFI, to deliver financial services, loans, investments, and technical assistance to promote economic revitalization and community development in underserved communities nationwide. The grant is intended to empower Empower FCU to create jobs, build businesses, and foster economic self-determination, with a particular focus on supporting Native American communities, through the use of monetary awards and training opportunities. The grant has a completion date of December 31, 2027.
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