Project Grant 231HF064229G

Award Date 9/26/24
Completion Date 12/31/27
Dollars Obligated $5M
Federal Grant Program
21.020
Assistance Type
Project Grant
Place of Performance
United States

This $5,000,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program, CFDA 21.020, supports the Local Initiatives Support Corporation (LISC) in delivering capacity-building services and financial assistance to CDFIs, particularly those serving Native American communities. The funding enables LISC, a certified CDFI, to make investments, provide technical assistance, and drive economic revitalization in underserved areas through its network of local partners. Key activities include offering financial services, loans, and training to expand access to capital, as well as implementing workforce development initiatives, community violence intervention programs, and rural development projects. As both a prime recipient and sub-awardee, LISC leverages these grant funds to foster job creation, business growth, and economic self-determination in Native communities nationwide.

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