The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $800,000 Project Grant to Michigan First Credit Union on September 26, 2024. The grant, made through the CDFI Program (CFDA 21.020), aims to invest in and build the capacity of Michigan First Credit Union, empowering the organization to grow, achieve sustainability, and drive community revitalization. The funding will enable Michigan First Credit Union, a not-for-profit community...
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 promote economic revitalization and community development. The funding will be used by the awardee, Light Commerce Credit Union, to deliver technical assistance to build the organizational capacity of certified and emerging CDFIs. The technical assistance activities may include compensation for personnel, fringe benefits,...
The Department of the Treasury's Community Development Financial Institutions Fund awarded a $640,000 Project Grant to Michigan First Credit Union through the Community Development Financial Institutions Program (CFDA 21.020). The grant will support Michigan First Credit Union in providing loans, investments, financial services and technical assistance to businesses and individuals in underserved communities through December 2026. The Community Development Financial Institutions Program aims...
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 promote economic revitalization and community development. The funding will support technical assistance to build the organizational capacity of certified and emerging CDFIs to serve low-income populations and communities that lack adequate access to affordable financial products and services. The award, with a project...
The federal Project Grant award of $625,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to First Imperial Credit Union, a Community Development Financial Institution (CDFI). The grant will enable First Imperial Credit Union to deliver financial services, lending, investments, and technical assistance to promote economic revitalization and community development, with a particular focus on supporting underserved...
The federal Project Grant award of $550,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Casebine Community Credit Union. The award aims to support the CDFI's efforts to invest in and build the capacity of Native CDFIs, empowering them to grow, achieve organizational sustainability, and drive community revitalization in Native communities nationwide. Through the use of monetary awards and training...
The federal 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 Consolidated Federal Credit Union, a certified Community Development Financial Institution (CDFI). The funding enables Consolidated Federal Credit Union to invest in and build the capacity of Native CDFIs, empowering them to grow, achieve organizational sustainability, and drive community revitalization in Native...
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 Greenville Heritage Federal Credit Union. The grant aims to invest in and build the capacity of CDFIs, empowering them to grow, achieve organizational sustainability, and drive community revitalization, particularly in Native American and low-income communities. The funding will support the delivery of financial services, loans,...
The federal Project Grant award of $800,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) supports Excite Credit Union's efforts to invest in and build the capacity of Native Community Development Financial Institutions (Native CDFIs). The funding enables Excite Credit Union to provide monetary awards, training opportunities, and technical assistance to Native CDFIs, with the goal of creating jobs, building businesses, and...
The federal Project Grant award of $800,000.00 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program to the Invest Detroit Foundation will support the delivery of financial and technical assistance services to underserved communities in Detroit, Michigan. The CDFI Program aims to promote economic revitalization and community development through investments in certified CDFIs. This award will enable the Invest Detroit Foundation, a certified...