The federal Project Grant award of $1,250,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) supports Nova Credit Union, a certified CDFI organization, in delivering financial services, loans, investments, and technical assistance to underserved communities in the United States. The award, effective September 26, 2024 through December 31, 2027, will enable Nova Credit Union to expand its lending, grant-making, and investment activities focused on economic revitalization and community development, particularly in low-income, Native American, and economically disadvantaged populations. The grant funding aims to create jobs, build businesses, and foster economic self-determination in these targeted communities through strategic financial products and services.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $1.3m | 9/26/24 |