The Capital Good Fund Inc. was awarded a $1,278,385 Project Grant from the Department of the Treasury Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant will support The Capital Good Fund's ability to provide financing and technical assistance to businesses and communities impacted by the economic effects of the COVID-19 pandemic from June 2021 through December 2023. As a Community...
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 Community Development Financial Institutions (CDFI) Program, a federal grant initiative administered by the U.S. Department of the Treasury (CFDA 21.020), awarded a $800,000 Project Grant to Community Housing Capital, Inc., a certified CDFI based in Decatur, Georgia. The funding will enable Community Housing Capital to provide financial products, financial services, development services, loan loss reserves, and capital reserves to low-income and underserved populations, with the goal of...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Greenline Access Capital, a non-profit organization, 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 planned activities under this grant include compensation for personal services, fringe benefits, professional...
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...
The Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $800,000 Project Grant to the Center For Rural Affairs Community Capital, a non-profit organization and community development corporation. The grant, awarded on September 26, 2024, is intended to promote economic revitalization and community development by providing financial and technical assistance to the CDFI. The funding will be used by the Center For Rural Affairs Community Capital to...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Caribbean Integration Community Development, Inc. on November 21, 2024. The grant, funded under CFDA 21.020, aims 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 planned activities under the grant include compensation...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $800,000 Project Grant to The Virginia Community Development Fund, Inc. on September 26, 2024. The grant funds will be used to promote economic revitalization and community development through investment in and financial assistance to the recipient, a non-profit community development financial institution (CDFI). The funding will enable The Virginia Community Development Fund, Inc. to...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program has awarded a $170,000 Project Grant to Rei Capital Access Fund, Inc. The grant is intended 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, equipment, and supplies. The goal is to...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Cooperative Loan Fund LLC 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 planned activities for this grant include compensation for personal services and fringe benefits, professional service costs, travel,...