Foodshed Capital, doing business as Slow Money Central Virginia, was awarded a $200,000 Project Grant from the U.S. 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 CDFI RRP provides funding to Community Development Financial Institutions to support, prepare for, and respond to the economic impact of the coronavirus. With this award, Foodshed Capital will...
This $749,335 Project Grant, awarded by the U.S. Department of Agriculture's Outreach and Assistance for Socially Disadvantaged and Veteran Farmers and Ranchers (CFDA 10.443) program on September 29, 2023, will fund Foodshed Capital to provide financial literacy, bookkeeping and accounting, lending readiness, and long-term business viability training to BIPOC farmers. This will include instruction on climate-smart farming practices and accessing USDA programs. Foodshed Capital, a Community...
This federal Project Grant award of $750,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) provides supplemental funding to a certified CDFI, the Northeast Entrepreneur Fund, Inc. (doing business as Entrepreneur Fund), to expand the availability of healthy food retail and non-retail outlets in underserved areas. The funding supports the CDFI's provision of financial products, development services, loan loss reserves, and...
This $1,250,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) will support Mountain Bizcapital Inc., a non-profit community development corporation and certified CDFI, in providing financial and technical assistance to underserved entrepreneurs, particularly women, minorities, and low-income individuals, in rural Western North Carolina. The funding will enable Mountain Bizcapital to offer a range of...
This $3,800,000 Project Grant award was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to the Locus Impact Fund, a certified CDFI located in Richmond, Virginia. The purpose of the award is to provide supplemental funding to Locus Impact Fund, enabling the organization to offer financing activities that support healthy food retail outlets and non-retail outlets in underserved areas. Specifically, the CDFI Financial...
This Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) provides $5,000,000 in supplemental funding to Capital Impact Partners, a certified CDFI, to expand the availability of healthy food retail outlets and non-retail outlets in underserved areas. The funding will support the organization's financial products, development services, loan loss reserves, and capital reserves to increase access to healthy foods,...
This Project Grant award, with a total funding amount of $3,800,000.00, was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to the Community First Fund, a non-profit Community Development Financial Institution (CDFI) located in Lancaster, Pennsylvania. The purpose of this award is to provide supplemental funding to CDFI Financial Assistance (FA) and Native American CDFI Assistance (NACA FA) award recipients, enabling...
This $6,000,000 Project Grant awarded by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund on September 26, 2024 is intended to provide supplemental funding to CDFI Financial Assistance (FA) and Native American CDFI Assistance (NACA FA) award recipients. The funding will enable these certified CDFIs to offer financial products, development services, loan loss reserves, and capital reserves to support the expansion of healthy food retail and non-retail...
This $800,000 Project Grant award was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Resident Ownership Capital, LLC, a certified CDFI located in Concord, New Hampshire. The funding will be used by Resident Ownership Capital to provide financial products, financial services, development services, loan loss reserves, and capital reserves to low-income individuals and communities that lack adequate access to affordable...
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...