Cape & Islands Community Development, Inc. was awarded a $1,012,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The award period is from June 15, 2021 through June 30, 2023 and will support the organization's ability to respond to the economic impacts of the coronavirus pandemic in the United States. As a Community Development...
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 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 $650,000 Project Grant to Clinton Bancshares, Inc. on September 26, 2024. The grant funding is intended to promote economic revitalization and community development by providing financial and technical assistance to the recipient, a certified CDFI organization. The financial assistance must be used for financial products, financial services, development services, loan loss reserves, and...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $625,000 Project Grant to NDC Community Impact Loan Fund 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 funds must be used by NDC Community Impact Loan Fund for financial products, financial services (for regulated...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $835,000 Project Grant to C B & T Bancshares Inc. on September 26, 2024. The purpose of this grant is to promote economic revitalization and community development through financial and technical assistance to Community Development Financial Institutions (CDFIs). The grant funds must be used by the recipient for financial products, financial services (for regulated institutions only),...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program has awarded a $300,000 Project Grant to ULP Community Impact Financing LLC, a non-profit organization, to promote economic revitalization and community development through technical assistance. The goal of this 3.5-year grant, awarded on November 21, 2024, is to build the organizational capacity of certified and emerging CDFIs to serve low-income and underserved markets across the nation that lack...
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 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 $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...