Grameen America Inc. received a $1.8 million project grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program. The funding will support Grameen America's ability to respond to the economic impacts of the coronavirus pandemic by providing microloans and financial counseling services to underserved communities between June 2021 and December 2023. The Community Development...
This Project Grant award of $1,110,000 was provided on September 26, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the CDFI Program (CFDA 21.020). The funding is intended to promote economic revitalization and community development by providing financial assistance to the awardee, Grant Bancshares, Inc., a for-profit community development corporation. The financial assistance must be used by Grant Bancshares, Inc. for financial...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to American Bancshares, Inc. on November 21, 2024. The purpose of this grant is to promote economic revitalization and community development through technical assistance to build the capacity of certified and emerging CDFIs. The funding will support eligible activities such as personnel compensation, professional services, travel, training, equipment, and supplies....
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to the Community Development Finance Alliance on November 21, 2024. The purpose of this grant 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 planned activities under this grant include compensation for personnel services,...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $1,110,000 Project Grant to Communities Unlimited Inc., a non-profit economic development organization, on September 26, 2024. The grant funding is intended to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). The planned activities under this award include providing CDFIs with...
The Community Development Financial Institutions (CDFI) Program, administered by the U.S. Department of the Treasury, awarded a $300,000 Project Grant to Hias Economic Advancement Fund Inc. on November 21, 2024. The purpose of this grant is to promote economic revitalization and community development through technical assistance to build the organizational capacity of certified and emerging CDFIs. The funding will support eligible activities such as personnel compensation, professional services,...
The federal Project Grant award of $300,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Mi Gente Loan Fund LLC, a non-profit organization, to promote economic revitalization and community development through technical assistance. The funding will be used to build the organizational capacity of certified and emerging CDFIs to serve low-income and underserved populations that lack adequate access to affordable...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $350,000 Project Grant to Neighborhood Lending Services, LLC 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 planned activities for this grant include providing financial products, financial services, development...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $2,285,000 Project Grant to Nonprofit Finance Fund on September 26, 2024. The grant is intended to promote economic revitalization and community development by providing financial and technical assistance to CDFIs that serve low-income and underserved populations. The funding will enable Nonprofit Finance Fund to deliver a range of financial products and services, including financial...
The federal Project Grant award of $725,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) on September 26, 2024. The purpose of the grant is to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). The award will enable the recipient, Institute Capital, Inc., a non-profit organization, to build its...