The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program has awarded a $1.35M Project Grant to Enterprise Community Loan Fund Inc., a non-profit community development financial institution (CDFI). This funding, awarded on September 26, 2024, will enable Enterprise Community Loan Fund to provide financing activities to support healthy food retail outlets and non-retail outlets in underserved areas, with the goal of expanding the availability of healthy...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $925,000 Project Grant to The Enterprise Center Capital Corporation on Sep 26, 2024. The grant's purpose is to promote economic revitalization and community development by providing financial and technical assistance to CDFIs that serve low-income and underserved populations. Specifically, the funding must be used by the recipient for financial products, financial services (for regulated...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $1,110,000 Project Grant to Communities Unlimited Inc., a non-profit economic development organization, on September 26, 2024. The grant funding is intended to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). The planned activities under this award include providing CDFIs with...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $1,285,000 Project Grant to Sustainable Neighborhoods LLC on September 26, 2024. The purpose of this grant is to promote economic revitalization and community development through financial assistance to CDFIs. The funding must be used by Sustainable Neighborhoods LLC for financial products, financial services, development services, loan loss reserves, and capital reserves in order to build...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $350,000 Project Grant to Neighborhood Lending Services, LLC 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 planned activities for this grant include providing financial products, financial services, development...
The Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $12,000,000 Capital Magnet Fund (CFDA 21.011) project grant to Enterprise Community Loan Fund Inc. on October 15, 2024. The grant will be used to attract private financing and increase investment in affordable housing, primarily for low-income, very low-income, and extremely low-income individuals and families. Planned activities include providing capital to finance and support affordable rental...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Cooperative Loan Fund LLC 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 planned activities for this grant include compensation for personal services and fringe benefits, professional service costs, travel,...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to New Economy Loan Fund, LLC 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 planned activities under this grant include compensation for personal services and fringe benefits, professional service costs, travel,...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to the Community Development Finance Alliance 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 Community Development Financial Institutions (CDFIs) and emerging CDFIs. The planned activities under this grant include compensation for personnel services,...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $1,250,000 Project Grant to Co Enterprise Fund, LLC (dba Colorado Enterprise Fund), a certified CDFI and nonprofit organization. The funding will support the organization's efforts to promote economic revitalization and community development through investment in and financial assistance to CDFIs. Specifically, the grant will enable Colorado Enterprise Fund to provide financial products,...