This $300,000 Project Grant award was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Peoples Advantage Federal Credit Union, a community development financial institution located in Petersburg, Virginia. The grant funding will be used to promote economic revitalization and community development through technical assistance to build the organizational capacity of certified and emerging CDFIs. Specifically, the grant will cover eligible activities such as personnel compensation, professional services, travel, training, equipment, and supplies. The goal is to enable Peoples Advantage FCU and other CDFIs to better serve low-income populations and communities with inadequate access to affordable financial products and services across the nation. The award has a project period from November 2024 to December 2026.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $300.0k | 11/21/24 |