This Project Grant award of $1,350,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) aims to promote economic revitalization and community development. The funding will provide financial assistance to the Economic And Community Development Institute, Inc. (ECDI), a certified CDFI based in Columbus, Ohio, to build its financial capacity and enable it to deliver a range of financial products, financial services, development services, loan loss reserves, and capital reserves to low-income people and underserved communities across the nation that lack adequate access to affordable financial services. ECDI, a non-profit community development corporation, specializes in supporting underserved populations, including women-owned, minority-owned, low-income, and veteran-owned small businesses, through training, technical assistance, microlending, and capacity-building programs. This grant award, with an end date of June 30, 2028, will enable ECDI to expand its reach and continue its mission of fostering economic growth and self-determination in underserved communities.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $1.4m | 9/26/24 |