This $300,000 Project Grant was awarded on November 21, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to the Department of Labor Federal Credit Union. The grant will support the credit union's efforts to promote economic revitalization and community development in underserved communities. Specifically, the funding will enable the credit union to deliver financial services, loans, investments, and technical assistance to...
The Department of the Treasury Community Development Financial Institutions Fund awarded a $125,000 Project Grant to Demopolis Federal Credit Union Inc. under the Community Development Financial Institutions Program (CFDA 21.020). The grant will support the credit union in building its organizational capacity to serve eligible low-income communities and individuals across the United States who lack adequate access to affordable financial products and services through September 2023. Funds will...
The federal Project Grant award of $300,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program, CFDA Number 21.020, was provided to the Urban Empowerment Federal Credit Union to support economic revitalization and community development in underserved communities. The funding will enable the credit union to deliver financial services, loans, investments, and technical assistance to low-income, Native American, and economically disadvantaged...
The Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Diversified Members Credit Union on November 21, 2024. This award is part of the CDFI Program's efforts to invest in and build the capacity of CDFIs, empowering them to grow, achieve sustainability, and drive community revitalization, particularly in Native American and low-income communities. The funds will be used by Diversified Members Credit Union to deliver...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $650,000 Project Grant to the New York University Federal Credit Union on September 26, 2024. The grant funding is intended to invest in and build the capacity of the credit union, which is a certified CDFI, to empower it to grow, achieve organizational sustainability, and drive community revitalization, especially in Native American communities nationwide. As a CDFI, the credit union...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $900,000 Project Grant to Freedom First Federal Credit Union on September 26, 2024. The CDFI Program aims to promote economic revitalization and community development through investments in certified and emerging CDFIs, as outlined under CFDA Number 21.020. This Project Grant will enable Freedom First, a non-profit CDFI credit union, to deliver financial services, loans, investments, and...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $900,000 Project Grant to Coastal Federal Credit Union. The CDFI Program, authorized under CFDA 21.020, invests in and builds the capacity of CDFIs to empower them to grow, achieve sustainability, and drive community revitalization. Through this award, Coastal Federal Credit Union will use the funds to create jobs, build businesses, and foster economic self-determination in Native American...
The $900,000 federal 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) will enable Empower Federal Credit Union, a certified CDFI, to deliver loans, investments, and financial services to Native American communities. The goal of this funding is to foster economic self-determination and ensure access to affordable credit in underserved areas, supporting the credit union's mission of...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $350,000 Project Grant to Demopolis Federal Credit Union, a minority-owned not-for-profit financial institution in Demopolis, Alabama. This grant, made under CFDA 21.020, the CDFI Program, will be used to invest in and build the capacity of the credit union, empowering it to grow, achieve organizational sustainability, and drive community revitalization in low- and moderate-income...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Light Commerce Credit Union on November 21, 2024. The grant, made under the CFDA Program Number 21.020 - Community Development Financial Institutions Program, will support Light Commerce Credit Union in delivering financial services, loans, investments, and technical assistance to underserved communities, with a focus on low-income, Native American, and...