The $800,000 Project Grant awarded on September 26, 2024 by 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. The grant funds will be used by the recipient, Priority Trust Credit Union, to provide financial products, financial services, development services, loan loss reserves, and capital reserves to underserved low-income populations and communities that...
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...
The federal Project Grant award of $900,000 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 award is to promote economic revitalization and community development by providing financial and technical assistance to the awardee, First National Bancorp, Inc., a for-profit Subchapter S Corporation. The funding must be used by the CDFI for financial products, financial services...
This $800,000 Project Grant awarded on September 26, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the CDFI Program (CFDA 21.020) is intended to promote economic revitalization and community development. The funding will provide financial assistance to Consolidated Federal Credit Union, a certified CDFI, to build its financial capacity and enable it to deliver affordable financial products, financial services, development services,...
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...
This federal Project Grant award of $625,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Dade County Federal Credit Union, a certified CDFI organization. The funding is intended to promote economic revitalization and community development through investment in and financial assistance to CDFIs. The grant will enable Dade County Federal Credit Union to build its financial capacity to lend to eligible low-income...
The federal Project Grant award of $1,035,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the CDFI Program (CFDA 21.020). 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 funding will enable the awardee, First Suncoast Trust Bancshares, Inc., a for-profit CDFI, to build its...
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 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 Light Commerce Credit Union. The purpose of the award is to promote economic revitalization and community development through technical assistance to build the capacity of certified and emerging CDFIs to serve low-income populations and communities lacking adequate access to affordable financial products and services. The...
The federal Project Grant award, ID 241TA065342G, was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Bayou Federal Credit Union, a non-profit organization. The $300,000 award, dated November 21, 2024, aims to promote economic revitalization and community development through technical assistance to build the capacity of certified and emerging CDFIs to serve low-income populations and communities that lack adequate...