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 federal Project Grant award of $125,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the CDFI Program (CFDA 21.020). The funding will be used by the Mclennan Community Investment Fund, a non-profit organization and community development corporation, to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). The award...
This $300,000 Project Grant award, made on November 21, 2024, is funded by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020). The purpose of the award is to promote economic revitalization and community development by providing 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...
The $1,250,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program, authorized under CFDA 21.020, supports the Neighborhood Development Center Inc., a non-profit community development corporation based in St. Paul, Minnesota. The funding will enable the organization to provide financial products, financial services, development services, loan loss reserves, and capital reserves to community development financial...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $800,000 Project Grant to Neighborworks Capital Corporation on September 26, 2024. The grant funding is intended to promote economic revitalization and community development by providing financial assistance and capacity building support to the CDFI organization. The planned activities include the use of grant funds for financial products, financial services, development services, loan...
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) on September 26, 2024. The purpose of the award is to promote economic revitalization and community development by providing financial and technical assistance to the awardee, First National Bancorp, Inc., a for-profit Subchapter S Corporation. The funding must be used by the CDFI for financial products, financial services...
The $800,000 federal Project Grant award was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Propel Nonprofits, a non-profit organization based in Minneapolis, Minnesota. 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 funding will be used by Propel Nonprofits to...
The federal Project Grant award of $1,250,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program was provided to the Midwest Minnesota Community Development Corp (MMCDC), a non-profit organization and certified CDFI. The funding is intended to promote economic revitalization and community development by building the financial capacity of MMCDC to deliver financial products, financial services, development services, loan loss reserves, and...
The $800,000 Project Grant awarded on September 26, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) is intended to promote economic revitalization and community development. The grant funds will be used by the recipient, Priority Trust Credit Union, to provide financial products, financial services, development services, loan loss reserves, and capital reserves to underserved low-income populations and communities that...
The federal Project Grant award of $300,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the CDFI Program (CFDA 21.020). The funding will be used by the non-profit awardee, Homeworks Community Lending, LLC, 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 include...