Project Grant 231HF064663G

Award Date 9/26/24
Completion Date 12/31/27
Dollars Obligated $3M
Federal Grant Program
21.020
Assistance Type
Project Grant
Place of Performance
United States
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This $3,000,000 Project Grant was awarded on September 26, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Culleywood Capital LLC, a for-profit CDFI organization based in Jackson, Mississippi.

The purpose of the grant is to provide supplemental funding to CDFI Financial Assistance (FA) and Native American CDFI Assistance (NACA) award recipients, enabling these certified CDFIs to offer financing activities that expand the availability of healthy food retail and non-retail outlets in underserved areas. The grant funds can be used by Culleywood Capital for financial products, development services, loan loss reserves, and capital reserves to support this objective of increasing access to healthy foods in low-income, low-access communities across the United States. The ultimate goal is to foster economic opportunity and community revitalization through targeted financial services and investments.

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