The federal Project Grant award of $300,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Impact Ventures Accelerator, a non-profit organization, on November 21, 2024. The purpose of the award is to promote economic revitalization and community development through technical assistance to build the capacity of certified and emerging CDFIs to serve low-income populations and communities that lack adequate access...
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 Project Grant award of $300,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to promote economic revitalization and community development. The award will fund technical assistance to build the capacity of certified and emerging CDFIs to serve low-income communities and populations that lack adequate access to affordable financial products and services. Eligible activities include compensation for personnel,...
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,...
This Project Grant award of $800,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Community Ventures Corporation, Inc., a non-profit CDFI organization. The funding will be used to promote economic revitalization and community development by increasing access to affordable financial products, financial services, development services, loan loss reserves, and capital reserves for low-income and underserved...
This Project Grant award of $1,110,000 was provided on September 26, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the CDFI Program (CFDA 21.020). The funding is intended to promote economic revitalization and community development by providing financial assistance to the awardee, Grant Bancshares, Inc., a for-profit community development corporation. The financial assistance must be used by Grant Bancshares, Inc. for financial...
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 $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...
This $610,000 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 Redf Impact Investing Fund. The funding will be used to promote economic revitalization and community development through financial and technical assistance to Community Development Financial Institutions (CDFIs). Specifically, the grant will enable Redf Impact Investing Fund to provide CDFIs with financial products, financial...
The federal Project Grant award of $300,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to WEV Funding Solutions, a non-profit organization. The purpose of the grant is to promote economic revitalization and community development through technical assistance to build the capacity of certified and emerging CDFIs to serve low-income and underserved markets across the United States. The funding will be used to cover...