The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Engage Federal Credit Union on November 21, 2024. The grant aims to promote economic revitalization and community development through technical assistance to build the capacity of certified and emerging CDFIs, including Engage Federal Credit Union, to serve low-income and underserved populations across the nation. The funding will support eligible activities such as personnel compensation, professional services, travel, training, equipment, and supplies. The goal is to enhance Engage Federal Credit Union's organizational capacity to deliver affordable financial products and services to communities that lack adequate access to traditional banking resources, fostering economic self-determination and growth.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $300.0k | 11/21/24 |