This $300,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) aims to invest in and build the capacity of the Cooperativa De Ahorro Y Credito Autoridad De Carreteras Y Obras Publicas (Coopacop), a certified CDFI located in San Juan, Puerto Rico. The grant funding will empower Coopacop to grow, achieve organizational sustainability, and drive community revitalization through the delivery of financial...
This $300,000 Project Grant was awarded by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Cooperativa De Ahorro Y Credito Vegabajena, a minority-owned, for-profit financial cooperative in Vega Baja, Puerto Rico. The grant will enable the CDFI to deliver financial services and technical assistance to underserved communities, with a focus on expanding access to affordable financial products, credit-building opportunities, and...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $287,417 Project Grant under the Small Dollar Loan Program (CFDA 21.025) to Cooperativa De Ahorro Y Credito Caguas, doing business as Caguas Coop, a certified CDFI in Puerto Rico. This grant will enable Caguas Coop to establish and maintain small business loan programs that provide affordable alternatives to high-cost small dollar loans. The funding supports loan loss reserves and technical...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant (CFDA 21.020) to the Cooperativa De Ahorro Y Credito De LOS Empleados Del Departamento De Hacienda, a nonprofit community development financial institution located in San Juan, Puerto Rico. This award, made on November 21, 2024, will run through June 30, 2027. The grant funding is intended to invest in and build the capacity of the recipient CDFI, empowering it to...
This $300,000 Project Grant was awarded on November 21, 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 will be used to invest in and build the capacity of the awardee, Cooperativa De Ahorro Y Credito Empleados Plaza Provision Company, a nonprofit community development financial institution located in Guaynabo, Puerto Rico. The grant aims to empower the CDFI to grow, achieve organizational...
The $300,000 Project Grant awarded by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund on November 21, 2024 will support the Cooperativa De Ahorro Y Credito LOS Hermanos, a nonprofit community development financial institution located in San Juan, Puerto Rico. The award, made under the CDFI Program (CFDA 21.020), will enable the organization to deliver financial services, loans, investments, and technical assistance to underserved communities,...
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 Cooperativa De Ahorro Y Credito Electro-Coop, a minority-owned non-profit organization, on November 21, 2024. The grant funding will be used to invest in and build the capacity of this native CDFI, empowering it to grow, achieve organizational sustainability, and drive community revitalization in Puerto Rico....
The $300,000 Project Grant awarded on November 21, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) supports Cooperativa De Ahorro Y Credito De La Casa Del Trabajador, a non-profit CDFI located in San Juan, Puerto Rico. The grant funding will enable the organization to expand its lending, grant-making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic....
This federal Project Grant award of $1,285,000.00 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Cooperativa De Ahorro Y Credito La Puertorriquena, a Community Development Financial Institution (CDFI), on September 26, 2024. The grant funding supports the organization's efforts to deliver financial services, loans, investments, and technical assistance to underserved, low-income, and Native American communities...
The federal Project Grant award of $1,110,000.00 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Cooperativa De Ahorro Y Credito Del Valenciano, a non-profit credit union based in Juncos, Puerto Rico. The grant funding will enable the organization to expand lending, investments, and technical assistance services to underserved communities, particularly in low- and moderate-income areas. The award supports the...