The Israel Methcomm Federal Credit Union was awarded a $125,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Program. The grant will support the credit union in building its organizational capacity to serve low-income communities and individuals across the United States who lack access to affordable financial products and services through December 2023. Funds will be used for technical...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $350,000 Project Grant to DC Federal Credit Union on September 26, 2024. The purpose of this grant is to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). The funding will enable DC Federal Credit Union, a minority-owned and tax-exempt nonprofit organization, to build its...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Faith Community United Credit Union Inc. on November 21, 2024. The purpose of the grant is to promote economic revitalization and community development through technical assistance to build the capacity of certified and emerging CDFIs. The funding will be used for eligible activities such as personnel compensation, professional services, travel, training,...
The $650,000 federal Project Grant awarded on September 26, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund will enable the New York University Federal Credit Union, a certified CDFI, to build its financial capacity and serve low-income populations and underserved communities across the United States. The funding will be used to provide financial products, financial services, development services, loan loss reserves, and capital reserves...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Fellowship Baptist Church Credit Union on November 21, 2024. This grant, provided under CFDA 21.020, aims to promote economic revitalization and community development by building the capacity of certified and emerging CDFIs to serve low-income populations and communities that lack adequate access to affordable financial products and services. The funding will...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $150,000 Project Grant to Park Manor Christian Church Credit Union, a minority-owned and Black American-owned not-for-profit CDFI located in Chicago, Illinois. The grant, awarded on November 21, 2024, is intended to promote economic revitalization and community development through technical assistance to build the capacity of certified and emerging CDFIs. The funding will enable Park Manor...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to New Community Investments, LLC on November 21, 2024. The purpose of this grant is to promote economic revitalization and community development by providing technical assistance to build the capacity of certified and emerging CDFIs. The planned activities under this grant include compensation for personnel services, fringe benefits, professional services, travel,...
The federal Project Grant award of $900,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to the National Community Investment Fund (NCIF), a non-profit organization based in Chicago, Illinois. The funding will be used by NCIF to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). Specifically, the grant...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Monroe Telco Fed Credit Union on November 21, 2024. The grant's purpose is to promote economic revitalization and community development through technical assistance to build the capacity of Community Development Financial Institutions (CDFIs) and emerging CDFIs. The funding will support eligible activities such as personnel compensation, professional services,...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program has awarded a $625,000 Project Grant to Industrial Credit Union Services, Inc. (dba Industrial Credit Union of Whatcom County) to promote economic revitalization and community development. This funding, awarded on September 26, 2024, will support the credit union's efforts to deliver financial products, financial services, development services, loan loss reserves, and capital reserves to...