The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant (CFDA #21.020) to Allegiance Federal Credit Union on November 21, 2024. The grant funds are intended to promote economic revitalization and community development through technical assistance to build the capacity of Allegiance, a certified CDFI, and other emerging CDFIs. The grant supports eligible activities such as personnel compensation, professional services, travel, training, equipment, and supplies. The goal is to strengthen Allegiance's and other CDFIs' ability to serve low-income communities and populations that lack adequate access to affordable financial products and services, with the ultimate aim of fostering economic self-determination and community growth.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $300.0k | 11/21/24 |