The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $350,000 Project Grant to DC Federal Credit Union 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 funding will enable DC Federal Credit Union, a minority-owned and tax-exempt nonprofit organization, to build its...
The federal Project Grant award of $800,000 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 grant is to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). The award will enable the recipient, Community Credit Union of Florida, to build its financial capacity to...
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 U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $800,000 Project Grant to Greenville Heritage Federal Credit Union on September 26, 2024. The grant is intended to promote economic revitalization and community development through investment in and financial assistance to CDFIs. The funds must be used for financial products, financial services (for regulated institutions only), development services, loan loss reserves, and capital...
The $900,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) aims to promote economic revitalization and community development. The funding will provide financial assistance to the SMW 104 Federal Credit Union, a non-profit CDFI, to build its financial capacity and deliver affordable financial products and services to low-income and underserved populations in the United States. The grant can be used for...
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 U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $900,000 Project Grant to Champions First Credit Union, a non-profit CDFI, on September 26, 2024. The purpose of this grant is to promote economic revitalization and community development by providing financial assistance to the CDFI to build its capacity to lend to and serve low-income and underserved rural and urban populations across the nation that lack adequate access to affordable...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $800,000 Project Grant to Erie Federal Credit Union on September 26, 2024. 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 planned activities include providing financial products, financial services (for regulated institutions only),...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $1,250,000 Project Grant to Community South Credit Union on September 26, 2024. The grant funding is intended to promote economic revitalization and community development by building the financial capacity of the CDFI to lend to eligible low-income and underserved markets across the United States. The award will enable Community South Credit Union to offer financial products, financial...
The $1,035,000 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 funding will provide financial and technical assistance to Greensboro Bancshares, Inc., a for-profit Subchapter S Corporation, to build its capacity as a CDFI to deliver affordable financial products and services to low-income and underserved...