This Project Grant award of $300,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program aims to promote economic revitalization and community development. The funding will provide technical assistance to build the capacity of certified and emerging CDFIs to serve low-income people and communities that lack adequate access to affordable financial products and services. Eligible activities include compensation for personnel and fringe benefits, professional services, travel, training, equipment, supplies, and incorporation costs for sponsoring entities. The award was made to Revity Credit Union, a non-profit CDFI, on November 21, 2024, with a project period through December 31, 2027. The CDFI Program, identified by CFDA Number 21.020, consistently provides technical assistance grants in the $200,000 to $300,000 range to support CDFIs and emerging CDFIs across the United States.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $300.0k | 11/21/24 |